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Vancouver Island’s ‘Villa Madrona’ Back On The Market for $9.5-Million

North Saanich, British Columbia, Canada

One of Vancouver Island’s most unique private residences is back on the market after selling just two years ago. It’s known as Villa Madrona and it sits on a gorgeous 2-acre waterfront estate in North Saanich with awe-inspiring views. The residence had sat on the market for more than eight years ranging in price from $9.98-million to $19.25-million before selling in 2013 for just $6.6-million. At the time Times Colonist noted that the sale of Villa Madrona made it the highest price in the last three and a half years recorded by the Victoria Real Estate Board. It was a big deal all around. Listing Agent Lisa Williams of Sotheby’s International Realty Canada told Times Colonist that the new buyers were originally from China but had been living in Victoria for a few years. Now just two short years after selling at a discounted price, the extremely unique residence is back on the market with a list price of $9.5-million. The 16,739 square foot residence was custom-built in 2000 in North Saanich for Linda and Ralph Bodine and features formal entertaining rooms, a lavish theatre, indoor swimming pool/conservatory, 5 bedrooms, and 8 bathrooms. There is also a fully renovated 3,461 square foot guest house with separate title. The estate is listed with Royal LePage.