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879 Rainbow Rd
GI Salt Spring Salt Spring V8K 2M8

$1,375,000
Residential beds: 1 baths: 1.0 936 sq. ft. built: 2016

Main Photo: 879 Rainbow Rd Salt Spring BC
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Status:
Active
Prop. Type:
Residential
MLS® Num:
983460
Bedrooms:
1
Bathrooms:
1
Year Built:
2016
Own your own piece of heaven on beautiful Salt Spring Island! Admire the spectacular ocean view, and stunning sunsets. Groceries, restaurants and entertainment are found nearby in Ganges (7 minutes). Enjoy Salt Spring’s vibrant arts community. Hike the many trails in Mount Erskine Provincial Park which borders the property. Options are endless! 9 minutes from the Vesuvius ferry, the newly refurbished, open-concept carriage house sits on 21.66 acres of forested land and boasts floor-to-ceiling windows, a 40 x 10 ft. deck facing Vancouver Island. The 25 x 30 ft. garage/workshop can be used as is or converted to additional living space. Two 200-amp services and two ample wells (10gpm and 4gpm). Zoning permits subdivision into three lots, each with a main residence and cottage. Three fully serviced (water/hydro/septic) and three partially serviced RV/trailer sites provide immediate rental income opportunities. Contact your realtor and see what this unique property has to offer.
Property Type:
Residential
Type:
Single Family Residence
Year built:
2016 (Age: 9)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
936 sq. ft.
Listing General Location:
GI Salt Spring, Gulf Islands
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
21.66 acre(s)
Kitchens:
1
Home Style:
West Coast
Taxes:
Construction:
Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls
New Construction:
Yes
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Metal
Levels:
2
Ceiling Heights:
Floor finish:
Laminate
Total Building Area:
1,872 sq. ft.
Total Unfinished Area:
936 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# 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:
936 sq. ft.
Living Area Main Floor:
936 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
Pending Date:
F/S/W/D
Controlled Entry, Dining/Living Combo
Insulated Windows
Balcony/Patio
Mountain(s)
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
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:
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Zoning:
Rural
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
New Construction
Exposure / Faces:
West
Layout:
Ground Level Entry With Main Up
Lot Site Features:
Irregular Lot, Private
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Garage Double
Total Parking Spaces:
2
Total Units:
Date Listed:
Dec 28, 2024
Original Price:
1375000.0
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Listed by Pemberton Holmes - Salt Spring
Data was last updated January 8, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
116
Avg list price:
$1,099,500
Min list price:
$69,000
Max list price:
$8,650,000
Avg days on market:
129
Min days on market:
1
Max days on market:
571
Avg price per sq.ft.:
$626.02
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.
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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.