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123 Smith Rd
GI Salt Spring Salt Spring V8K 2W9

$2,800,000
Residential beds: 4 baths: 6.0 4,864 sq. ft. built: 2013

Main Photo: 123 Smith Rd Salt Spring BC
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1012248
Bedrooms:
4
Bathrooms:
6
Year Built:
2013
Salt Spring Island waterfront home for sale in coveted Musgrave Landing—an architecturally striking timber-frame residence on a private 0.5-acre oceanfront lot with a private dock and access to deep-water moorage. Offering approximately 5,264 sq ft over three levels, this road-accessible Gulf Islands retreat blends West Coast craftsmanship with modern luxury. The main home features 3 bedrooms plus a flexible full studio guest accommodation, 4 full bathrooms and 2 powder rooms, generous indoor–outdoor living, and an oversized two-car garage - 596 sq ft. Thoughtful extras include a fully equipped woodworking shop, dedicated cold storage, and a year-round golf simulator—all ideal for work, hobbies, and entertaining. Set within a well-managed Bare Land Strata, owners enjoy amenities rarely found on Salt Spring: a large community dock with deep-water moorage, plus a tennis/pickleball court and shared green spaces.
Sales Brochure
Property Type:
Residential
Type:
Single Family Residence
Year built:
2013 (Age: 12)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
4,864 sq. ft.
Auxiliary Building Living Area:
120 sq. ft.
Listing General Location:
GI Salt Spring, Gulf Islands
Bedrooms:
4
Bathrooms:
6.0 (Full:-/Half:-)
Lot Size:
21,345 sq. ft.
Kitchens:
1
Home Style:
Heritage, Post & Beam, West Coast
Taxes:
Building Features:
Basement, Bike Storage
Construction:
Cement Fibre, Concrete, Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood, See Remarks
New Construction:
No
Basement:
Finished, Full, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Roof:
Metal
Other Structures:
Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Carpet, Concrete, Cork
Total Building Area:
5,264 sq. ft.
Total Unfinished Area:
400 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
1
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
3
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,549 sq. ft.
Living Area Main Floor:
1,731 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,984 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Living Room, Wood Burning
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Holding Tank, Septic System
Additional Accommodations:
Exists
Cooling:
None
Heating:
Baseboard, Heat Pump, Hot Water, Radiant Floor
Fireplace:
Yes
Pending Date:
Built-In Range, Dishwasher, Dryer, F/S/W/D, Freezer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer, Water Filters
Bar, Cathedral Entry, Ceiling Fan(s), Dining Room, Dining/Living Combo, Eating Area, French Doors, Furnished, Soaker Tub, Storage, Vaulted Ceiling(s), Workshop
Insulated Windows, Screens, Vinyl Frames
Balcony, Balcony/Deck, Balcony/Patio, Fenced, Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Sprinkler System
Ocean
Ocean Front
Main Level
0
No age limits
Aquariums, Birds, Cats OK, Dogs OK, Number Limit
two pets of any type
Yes
No
Some Rentals
30 day minimum rental
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2024
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Zoning:
R-01
Accessibility:
Accessible Entrance, Ground Level Main Floor, Wheelchair Friendly
Legal Non-Conformance:
Yes
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
4
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Other Equipment:
Central Vacuum, Electric Garage Door Opener, Satellite Dish
Occupancy:
Owner
Property Condition:
Resale
Utilities:
Cable Available, Electricity Connected
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Acreage, Dock/Moorage, Family-Oriented Neighbourhood, Marina Nearby, Private, Quiet Area, Recreation Nearby, Rural Setting, Sloped, Southern Exposure, Walk on Waterfront, In Wooded Area
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
3
Garage:
Yes
Parking Features:
Additional Parking, Driveway, Garage, Garage Double, Guest, RV Access/Parking
Total Parking Spaces:
6
Road Frontage Type:
Marine
Road Surface Type:
Unimproved
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Aug 28, 2025
Original Price:
2800000.0
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Listed by Easy List Realty
Data was last updated August 29, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
151
Avg list price:
$1,199,000
Min list price:
$130,000
Max list price:
$11,975,000
Avg days on market:
101
Min days on market:
1
Max days on market:
744
Avg price per sq.ft.:
$592.25
These statistics are generated based on the current listing's property type and located in GI Salt Spring. Average values are derived using median calculations. This data is not produced by the MLS® system.
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TICARA COERTZE
STEVE GILLESPIE
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.