Home Bowen Island, BC Bowen Island 885 Rivendell Drive

885 Rivendell Dr, Bowen Island BC V0N 1G1 – House for Sale – MLS® R3167827

885 Rivendell Drive, Bowen Island, British Columbia V0N 1G1

Bowen Island Houses for Sale

53 days on the market

$1,780,000

Est. monthly cost $7,911/mo

Updated with MLS® - Nov 13, 2026 at 12:40pm

3 Beds

3 Baths

2279 sqft

781 $ /sqft

2025 built

Photos

A rare opportunity to move into a brand-new home on Bowen Island! Never lived in and thoughtfully designed, this 2025-built home is ready for its new owners. Featuring 3 bedrooms and 3 bathrooms, the spacious open-concept kitchen, dining and living areas are ideal for everyday living and entertaining, with a convenient office just off the main living area and panoramic ocean and mountain views. Set in the desirable Cates Hill neighbourhood, you're within walking distance of schools, the ferry, Snug Cove shops and Artisan Square. Nearby parks, forest trails and green space make it easy to enjoy the natural surroundings, while the central location keeps you close to everything you need. A beautiful new home offering space, views and convenience, all just minutes from the heart of Snug Cove.

Building 19 fields Inside & out 11 fields Lot & land 10 fields

Building Details

Price	$1,780,000
Total Bedrooms	3
Total Bathrooms	3
Full Bathrooms	2
Half Bathrooms	1
Floor Area Total (sqft)	2279
Year Built	2025
Age Of Building	1
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Open
Total Parking Spaces	2
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	0
Heating Type	Heat Pump
# of Kitchens	1
Flooring	Hardwood, Mixed
Foundation	Concrete Perimeter

Exterior Features

View Description	Ocean, Lake & Mountain
Roof	Metal
Structures	Residential Detached

Lot & Land

Lot Size	10454.4
Lot Size Depth	Feet
Lot Size Frontage	53
MLS^® #	R3167827
Area	Bowen Island
Neighbourhood	Bowen Island
City	Bowen Island
Postal Code	V0N 1G1
Gross Taxes	$8,856.09
Zoning	CD2

Property Timeline

Status	Date	Price
R3167827 / Active	09-21-2026	$1,780,000
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	12'11 x 12'11 ft
Main Level	Dining Room	11'9 x 11'9 ft
Main Level	Kitchen	10'3 x 10'3 ft
Main Level	Office	12'2 x 12'2 ft
Main Level	Pantry	6'7 x 6'7 ft
Main Level	Foyer	12'0 x 12'0 ft
Below	Primary Bedroom	12'9 x 12'9 ft
Below	Walk-In Closet	6'11 x 6'11 ft
Below	Bedroom	10'1 x 10'1 ft
Below	Bedroom	10'11 x 10'11 ft
Below	Laundry	5'1 x 5'1 ft
Below	Storage	12'4 x 12'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Below	No	#3
Below	Yes	#3

Listed by: RE/MAX Masters Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map, sell speed & climate

SkyTrain 19.42 km · crime low · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (17 nearby)

The real rapunzel · 105 m · Gift Shop
Bowen island flower shop · 105 m · Florist
Sangre de fruta · 112 m · Beauty Shop

Restaurants (6 nearby)

Artisan eats café & fine foods · 140 m · Restaurant
Bowen sushi · 520 m · Restaurant
Tuscany restaurant · 744 m · Restaurant

Groceries (4 nearby)

Miller's meatcraft · 543 m · Butcher
The ruddy potato · 545 m · Supermarket
Bowen beer & wine cellar · 554 m · Beverages

Cafes (3 nearby)

The ruddy cafe · 550 m · Cafe
The village baker cafe' · 555 m · Cafe
The snug cafe · 786 m · Cafe

Healthcare (1 nearby)

Cates pharmasave · 519 m · Healthcare

Transit (1 nearby)

Bus stop northbound miller rd @ deep bay (flag) · 988 m · Transit

Private Schools

Elementary, Secondary
Mulgrave School: Above Average 11.48 km 9.2/10
Elementary, Secondary
Mulgrave School: Above Average 11.48 km 9.2/10

Closest Transit

Bus Stop
Artisan Square (Flag): 0.12 km
Skytrain
Skytrain @ Burrard Stn: 19.42 km

Crime Rate

Total Crime Rate: Low
Violent Crime Rate: Low
Property Crime Rate: Low

Demographics

Post-Secondary Education: Above Average 45.3%
No Certificate/Degree: Below Average 7.7%
Owner Occupied: Below Average 58.4%
Employment Rate: Below Average 50.2%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 19.42 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How BOWEN ISLAND compares

This property

53 DOM

Listed

Climate Risk for V0N 1G1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0N 1G1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.8 µg/m³ — meets WHO 2021 guideline. Nearest station: Horseshoe Bay, West Vancouver (~5.1 km). Annual avg AQHI 0 — Low Risk.

Heat Low

Bowen Island currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

2 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Bowen Island Community School	Public	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 350 m
Island Pacific School	Independent	Grades Served 6-9	Catchment Info —	8.2 / 10	Distance 518 m

Walkability & Transit Near 885 Rivendell Drive

Car-Dependent 48

Walk Score - Car-Dependent

Most errands require a car

Somewhat Bikeable 31

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $7,911/month · rent estimate $4,859/month · owning catches up with renting by year 21 · cash flow if rented −$3,480/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 885 Rivendell Drive

$7,911 /month

Principal & Interest $7,173

Property Taxes $738

Maintenance fee $0

The estimated monthly cost of 885 Rivendell Drive, Bowen Island is $7,911: $7,173 principal and interest with 20% down over 30 years at 4.45%, plus $738 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$3,480 /month

Mortgage Payment $7,173

Monthly Cash Flow −$3,480

Break Even Down Payment 59%

Cap Rate -2.3%

Cash on Cash -11.7%

If 885 Rivendell Drive, Bowen Island were rented at $4,859 a month with 5% vacancy, it would fall $3,480 a month short of the mortgage and carrying costs; about 59% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 885 Rivendell Drive, Bowen Island

$4,859 / month

Rent $4,859

Own $7,911

Principal: $2,307/mo Interest, tax, insurance, fees: $5,604/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,931/mo (year 1) → ~$4,491/mo (year 20) → ~$6,699/mo (year 29).

Net cost to own at year 5 ~$5,604/mo About $745/mo more than renting

EstateBlock estimates 885 Rivendell Drive, Bowen Island would rent for about $4,859 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 885 Rivendell Drive

Rent vs own

Owning catches up by year 21

With 20% down ($356,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $126,897

Principal paid off by year 10 $285,352

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 885 Rivendell Drive, Bowen Island is cheaper at first, but owning catches up by year 21, with $126,897 of principal paid off by year 5 and $285,352 by year 10.