If you’re looking for luxury real estate in Victoria, Ten Mile Point is a neighborhood that stands out for its serene coastal lifestyle, expansive properties, and proximity to urban amenities. Known for its exclusivity and natural beauty, Ten Mile Point offers an unparalleled living experience that blends privacy, luxury, and convenience.
This guide dives into everything you need to know about Ten Mile Point, from its history and amenities to current real estate trends and market data, helping you make informed decisions whether you’re buying, selling, or investing in Victoria real estate.
A Brief History of Ten Mile Point
Ten Mile Point gets its name from its location—approximately ten miles from Victoria’s Inner Harbour. Historically, the area was part of the ancestral lands of the W̱SÁNEĆ and Lekwungen peoples, who valued its coastal resources for fishing, gathering, and trading.
In the early 20th century, Ten Mile Point began attracting affluent Victorians seeking a private retreat away from the city. Over the years, the area developed into one of Victoria’s most prestigious residential neighborhoods, known for its luxurious waterfront homes and large, secluded lots.
What Makes Ten Mile Point Special?
Ten Mile Point offers a combination of natural beauty, exclusive real estate, and a peaceful lifestyle. Residents enjoy the following unique features:
1. Waterfront Living
Many homes in Ten Mile Point boast direct oceanfront access, private docks, and panoramic views of the Haro Strait and Gulf Islands. This makes the area ideal for boating, kayaking, paddleboarding, and wildlife observation.
2. Privacy and Space
With large lots and minimal commercial development, Ten Mile Point provides an unparalleled level of seclusion and tranquility. The neighborhood’s zoning ensures it remains a low-density, peaceful enclave.
3. Proximity to Amenities
While Ten Mile Point feels like a private retreat, it’s just minutes away from Cadboro Bay Village, the University of Victoria, and downtown Victoria. This balance of seclusion and convenience makes it one of Greater Victoria’s most desirable locations.
Real Estate Market in Ten Mile Point (October 2024)
Ten Mile Point is known for its exclusive and high-value real estate market. The area primarily features luxurious single-family homes, many of which are custom-built to take full advantage of the stunning natural surroundings.
Current Market Data
Average Price for Single-Family Homes: $2,450,000
Luxury Waterfront Properties: Prices often exceed $5,000,000 depending on lot size, views, and amenities.
Non-Waterfront Homes: Typically range from $1,800,000 to $2,200,000, offering spacious lots and high-end finishes.
Why Invest in Ten Mile Point Real Estate?
Prestige and Exclusivity: Homes in Ten Mile Point are among the most sought-after in Victoria, offering unparalleled luxury and privacy.
Strong Market Demand: Limited inventory and high demand ensure stable property values and strong appreciation potential.
Unique Waterfront Opportunities: Properties with private beach access or docks are rare and hold exceptional value.
Who Lives in Ten Mile Point?
Ten Mile Point attracts a mix of affluent buyers, including:
Executives and Entrepreneurs: Seeking high-end homes in a tranquil, secure environment.
Retirees: Drawn to the peaceful ambiance and proximity to amenities.
Families: Appreciate the safe, spacious properties and access to excellent schools.
Amenities and Lifestyle in Ten Mile Point
Outdoor Recreation
Ten Mile Point is a haven for outdoor enthusiasts. Residents can enjoy:
Kayaking and Paddleboarding: Calm waters along the coastline make it perfect for water sports.
Walking Trails: Explore pristine trails in Konukson Park and nearby Haro Woods.
Private Beaches: Many properties have exclusive access to quiet, sandy beaches.
Nearby Shopping and Dining
While Ten Mile Point is primarily residential, residents are just minutes away from Cadboro Bay Village, which offers:
Local boutiques and grocery stores.
Cozy cafes and fine dining restaurants.
Essential services like pharmacies and banks.
Top-Rated Schools
Families in Ten Mile Point have access to some of Victoria’s best schools, including:
The University of Victoria is also a short drive away, adding to the area’s appeal for academics and professionals.
Living in Ten Mile Point: The Ultimate Coastal Retreat
Ten Mile Point offers a lifestyle that combines the best of coastal living with modern conveniences. Residents can start their day with a sunrise walk along the beach, enjoy lunch at a waterfront cafe in Cadboro Bay, and end the day with a sunset paddle on the calm waters. The neighborhood’s quiet streets and natural beauty create a relaxing atmosphere that’s hard to match.
Victoria Real Estate Insights: What Ten Mile Point Means for Buyers and Sellers
For buyers, Ten Mile Point represents the pinnacle of luxury real estate in Victoria. Whether you’re looking for a modern waterfront estate or a charming non-waterfront home with ample privacy, the area offers unparalleled opportunities for discerning buyers.
For sellers, the high demand for Ten Mile Point properties means it’s an excellent time to list. Homes with unique features like waterfront access, private docks, or panoramic views tend to sell quickly and at premium prices.
Why Work with a Victoria Realtor to Explore Ten Mile Point?
Navigating the Ten Mile Point real estate market requires local expertise. As an experienced Victoria realtor, I specialize in helping clients find their dream homes in exclusive neighborhoods like Ten Mile Point. With a deep understanding of the local market and access to off-market opportunities, I can help you secure the perfect property or maximize the value of your sale.
Final Thoughts on Ten Mile Point
Ten Mile Point is a neighborhood that truly defines luxury coastal living in Victoria. Its stunning natural beauty, exclusive real estate options, and peaceful atmosphere make it one of the most coveted areas in Greater Victoria.
Whether you’re considering buying, selling, or investing in Ten Mile Point, I’m here to guide you through every step of the process. As a local expert in Victoria real estate, I can provide the insights and resources you need to make the most of this exceptional market.
Reach out today to learn more about Ten Mile Point and how I can help you achieve your real estate goals.