- Active
1432 Madrona Drive
Nanoose Bay · Single Family
- Beds
- 5
- Baths
- 4
- Sqft
- 3,377
- Built
- 1997
Listed by eXp Realty (NA) · MLS® 1043509
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Sign inAbout this home
10 seconds to the beach. Some homes are measured in square feet. 1432 Madrona Drive is measured in mornings by the ocean, family gathered on the decks, and evenings watching the light disappear behind the mountains. Set on approximately 1/3 acre on coveted Madrona Drive, this 3,300+ sq. ft. home offers unobstructed ocean, island and mountain views from nearly every room, with private access down to the beach. Five bedrooms and four bathrooms include two primary suites, one on each level. A spectacular study and great room with fireplace and built-in bookshelves anchors the home, while 400+ sq. ft. of decking on both levels brings the waterfront setting into everyday life. Impeccable landscaping, a double garage and abundant additional parking complete the property. Lovingly built by the original owners, this is a rare Vancouver Island home ready for its next chapter. A place to make lifelong family memories, paired with the exceptional long-term appreciation of waterfront real estate.
Home facts
- Bedrooms
- 5
- Bathrooms
- 4 full
- Interior
- 3,377 sq ft
- Lot size
- 15,517 sq ft
- Year built
- 1997
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Nanoose
- Listed
- August 11, 2026
- Structure
- House
- PID
- 002-379-791
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Waterfront
- Double garage
- Fireplace
Features and inclusions
- Appliances
- Washer, Range - Electric, Dishwasher, Dryer
- Heating
- Heat Pump
- Cooling
- Fully air conditioned
- Parking
- Attached Garage, Garage, Additional Parking
- Lot
- 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
- $9,953
- Property tax
- $617/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,720
Purchase snapshot
- List price
- $2,100,000
- Down payment
- $420,000 (20%)
- Estimated mortgage
- $1,680,000
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 · 39%
Who lives here
Documents
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