- Active
1341 Madrona Drive
Nanoose Bay · Single Family
- Beds
- 3
- Baths
- 4
- Sqft
- 2,498
- Built
- 2011
Listed by Royal LePage Island Living (QU) · MLS® 1043757
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Sign inAbout this home
At the quiet end of Madrona Point, where Nanoose Bay meets the Salish Sea, this custom waterfront residence offers an exceptional blend of timeless design and effortless coastal living. Inspired by classic Cape Cod architecture, the home rests on a rare half-acre property bordered by parkland and mature forest, creating a private, sheltered setting immersed in nature. Designed to embrace its surroundings, the home is filled with natural light and expansive ocean views. Soaring 14-foot painted pine tongue-and-groove ceilings, hand-finished fir beams, engineered hardwood floors, and radiant in-floor heating create a warm, refined atmosphere throughout. At the heart of the open-concept living space, a striking 12-foot custom concrete island invites gathering, while floor-to-ceiling windows frame the ever-changing seascape. A wood-burning fireplace adds warmth and character for every season. The thoughtful layout offers two generous primary suites, each with walk-in closets and spa-inspired ensuites, providing exceptional flexibility for guests or main-level living. Connected by a covered breezeway, the charming guest cottage features a loft that sleeps four and a private northeast-facing deck, perfectly positioned for sunrise mornings. Outside, 270-degree waterfront views set the stage for an extraordinary lifestyle. Watch eagles soar, seals play, and passing marine life from beautifully landscaped gardens that lead to the shoreline. Protected waters are ideal for year-round kayaking, paddleboarding, and diving, while a private boat lift accommodates a 20-foot vessel for effortless days on the water. Just 10 minutes from Qualicum Beach Airport and 20 minutes from Nanaimo's ferry and Helijet terminals, this is a rare opportunity to experience West Coast waterfront living at its most peaceful, private, and inspiring.
Home facts
- Bedrooms
- 3
- Bathrooms
- 4 full
- Interior
- 2,498 sq ft
- Year built
- 2011
- Parking
- 4
- Property type
- Single Family
- Fireplace
- 1
- Area
- Nanoose
- Style
- Cape Cod
- Listed
- July 22, 2026
- Structure
- House
- PID
- 027-984-257
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Waterfront
- Fireplace
- Hardwood floors
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
- Heating
- Other
- Cooling
- None
- Lot
- Private setting, Southern exposure, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $22,727
- Property tax
- $1,400/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $24,277
Purchase snapshot
- List price
- $4,795,000
- Down payment
- $959,000 (20%)
- Estimated mortgage
- $3,836,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 33%
Documents
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