Lot 26 West Bay Landing, Gambier Island BC - Land for Sale - MLS# R3104618

143 days on the market
$599,000
Est. Mortgage $2,650/mo
Listing updated:
EstateBlock checked:
0 sqft
14.3% price reduction
143 days on the market
$599,000
$699,000
Est. $2,650/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for Lot 26 West Bay Landing

14.3% price reduction

A rare opportunity to own 6 acres of pristine waterfront on Centre Bay, Gambier Island, with 157 feet of shoreline. This exceptional property features a mix of forest and meadow, with multiple building sites partly cleared, capturing stunning ocean and mountain views. Zoning allows for two dwellings—ideal for a private retreat or family compound. Largely untouched, the land offers power and telephone at the lot line, a proven well, and approved septic site. Includes one-third ownership of a commercial-grade, all-season dock with deep-water moorage in a protected bay. Enjoy the peaceful, private lifestyle of Gambier Island, just 25 minutes by boat from Horseshoe Bay.

Exterior Features

View Description OCEAN AND MOUNTAIN
Structures Land Only

Building Details

Price $599,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Not Available, Phone Nearby, Cable Not Available
Water (WaterSource) Well Drilled

Lot & Land

Lot Size 6.03
Lot Size Depth Feet
Lot Size Frontage 157
MLS® # R3104618
Area Sunshine Coast
Neighbourhood Gambier Island
City Gambier Island
Postal Code V0N 1V0
Gross Taxes $2,257.74
Zoning SR

Property Timeline

Status Date Price
R3104618 / Active 03-30-2026 $599,000

Listed by: Sotheby's International Realty Canada & Sotheby's International Realty Canada

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 & Neighbourhood

Private Schools

Elementary, Secondary
Mulgrave School
Above Average 19.09 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 19.09 km 9.2/10

Closest Transit

Bus Stop
Thompson at Forbes (NB)
6.61 km
Skytrain
Skytrain @ Burrard Stn
27.90 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Average 27.9%
No Certificate/Degree
Below Average 8.2%
Owner Occupied
Below Average 42.5%
Employment Rate
Below Average 35.8%

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

32 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $324,059
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 27.90 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GAMBIER ISLAND compares
This property
143 DOM
Slower than area
Gambier Island avg
54 DOM
Average
Gambier Island avg
54 DOM
Faster market

Lot 26 West Bay Landing has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 45.9% above comparable active properties in Gambier Island. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.6% and an area average of 54 days on market — buyers have more leverage. With only 502 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Walkability & Transit Near Lot 26 West Bay Landing

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
16

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for Lot 26 West Bay Landing

/month
Principal & Interest
Property Taxes $188
Maintenance fee 0
Financing 80% of the $599,000 asking price over 30 years at 4% results in approximately $2,476/month in total estimated carrying costs, $188 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,249/month in rental income, leaving a -$326/month cashflow at current carrying costs. Investors targeting break-even would need roughly 32% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for Lot 26 West Bay Landing, Gambier Island

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Gambier Island, Gambier Island

Beds Home Types Square Feet Lot Size Year Built
This Home $599,000
Gambier Island Loading...
Gambier Island Loading...

Based on 14 comparable active properties in Gambier Island, the average asking price is $410,444. This listing is priced 45.9% above the neighbourhood average. This property is flagged as a Hot Deal (14.3% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near Lot 26 West Bay Landing

Walk Score Badge
Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
16

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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