This waterfront home on Sea View Road in Saanich

Ten Mile Point heritage home sells for $6.1 million

The four-bedroom house had recently been completely renovated, with a master bedroom wing added. Wiggins said woodworkers were brought from Vancouver to work on the interior renovation.

In a market of sluggish luxury home sales, a heritage home on Sea View Road in Saanich has sold for $6.1 million, the most expensive home sold so far this year in Greater Victoria.

The 8,035-square-foot West Coast Tudor mansion known as Miramar was designed by Percy L. James in 1928.

It sits on a 2.25-acres, has 500 feet of waterfront and was purchased by an Alberta couple.

It was listed for $7.59 million in December 2010. Listing agent Georgia Wiggins of Remax Camosun closed the deal Sept. 20.

The four-bedroom house had recently been completely renovated, with a master bedroom wing added. Wiggins said woodworkers were brought from Vancouver to work on the interior renovation.

“The designers (Vancouver-based Richard Salter Interiors) had the woodworkers stay in the house for a few weeks before work began to get the flavour of the house,” she said.

Sales of luxury homes have decreased slightly in 2011.

There have been 147 sales over $1 million in the region so far this year, down from 161 for the same period in 2010.

“If you look at this year over last we’re down about 10 per cent in terms of the number of (luxury) properties sold, but we’re kind of down 10 per cent overall.” said Dennis Fimrite, president of the Greater Victoria Real Estate Board.

“Certainly the high-end market moves a little slower when there are fewer purchasers around. Starter homes – those listed under $500,000 – are the hot commodity these days,” he added.

“Builders on the West Shore are building them as fast as they can.”

vmoreau@oakbaynews.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Investigation launched after sudden death of Saanich inmate

B.C. Corrections, B.C. Coroners Service investigating cause, circumstances surrounding death

Greater Victoria nanny pleads guilty to child porn, sexual interference charges

Johnathon Lee Robichaud pleaded guilty to slew of sex crimes

Victoria police conduct under review after arrest on Pandora Avenue

Police say man was screaming and walking into traffic before being taken into custody

Victoria officer injured arresting robbery suspect

Woman faces charges including robbery with a weapon, assaulting a police officer

Oak Bay officer injured while breaking up party

Party-goers yell ‘f*** the blue,’ say police

Victoria man dies after skydiving incident in Nanoose Bay

34-year-old had made more than 1,000 jumps

RCMP searching for missing Langford teens in Cowichan Valley

Pair were headed to Lake Cowichan/Youbou area, last heard from in North Cowichan

Following incident at sea, fishing lodge says it will reopen despite Haida travel ban

QCL reopens July 10, says president; Haida chief councillor describes ‘dangerous’ boating encounter

Kamloops RCMP officer’s conduct under review after blackface jokes on social media

Meinke’s Instagram is private and it’s unclear when the posts were made

NHL says 35 players have tested positive for COVID-19 since June 8

Positive rate for the league is just under 6%

Man charged in Rideau Hall crash had rifle, shotguns, high-capacity magazine: RCMP

Hurren is accused of threatening to cause death or bodily harm to the prime minister

B.C. extends income assistance exemption for COVID-19

Provincial program to match Ottawa’s CERB, student pay

Most Read