#405 3223 Selleck Way in Colwood: Co Lagoon Condo for sale : MLS®# 1043556
#405 3223 Selleck Way in Colwood: Co Lagoon Condo for sale : MLS®# 1043556
Oceanfront Real Estate in Colwood
When searching for waterfront real estate on Vancouver Island the city of Colwood doesn’t always come to mind. However, we have a wide variety of luxury properties available in Colwood that are highly sought after. The City of Colwood occupies the western shore region of the areas surrounding Greater Victoria. Colwood is home to approximately 14, 500 residents, comprising a dynamic community, rugged wilderness, and comprehensive leisure and service provision. Colwood proudly preserves well-visited historic sites and heritage buildings including Hatley Castle at Royal Roads University, Fisgard Lighthouse, and the St. John the Baptist Church.
The City of Colwood occupies the western shore of Greater Victoria stretching all the way from Victoria West to Metchosin. In terms of real estate, Colwood is an area that is often overlooked but if you’re looking for economy and solid growth for your real estate investment on south Vancouver Island, Colwood is a fantastic option. With a beautiful rugged atmosphere, a comprehensive leisure and service provision, well-visited historic sites, beautiful heritage buildings and a focus on both maintaining and augmenting the conscientious community planning initiatives through stakeholder feedback, Colwood embodies a commitment to growth and stability. Here, you can find stunning seaside homes, newly built condos, development-ready acreage lots and beautiful townhouses. New developments like Royal Bay in Colwood offer exciting opportunities for investors to purchase ocean view homes in a pre-build phase creating an unprecedented growth opportunity for the right client.
Top-floor 1 Bed + Den in sought-after Ocean Grove! This 767 sq.ft. home offers quality construction by Farmer Construction with geothermal heating/cooling (included in strata fees), enhanced 2x6 construction for superior efficiency and sound attenuation, wide-plank maple hardwood floors, gas fireplace with limestone surround, granite kitchen with island, soft-close stained oak cabinetry, glass tile backsplash, spa-inspired ensuite and NEW washer/dryer. Enjoy the oversized 150 sq.ft. glass-railed deck with peaceful outlooks. Ocean Grove is a premier 50-acre community featuring a 13-acre park, heritage apple orchard, easy beach access, Esquimalt Lagoon, Olympic Mountain views and direct access to a 650-acre old-growth forest with over 7 km of hiking trails. Parking conveniently located near the entrance. Excellent value in one of Colwood’s most desirable developments.
Data was last updated August 23, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$784,900
Min list price:
$449,000
Max list price:
$1,500,000
Avg days on market:
26
Min days on market:
3
Max days on market:
80
Avg price per sq.ft.:
$582.63
These statistics are generated based on the current listing's property type
and located in
Co Lagoon. Average values are
derived using median calculations. This data is not produced by
the MLS® system.