4981 Panorama Dr, Garden Bay BC - Single Family Residence for Sale - MLS# R3103930

148 days on the market
$1,795,000
Est. Mortgage $7,941/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2678 sqft
670 $ /sqft
1983 built
5.5% price reduction
148 days on the market
$1,795,000
$1,900,000
Est. $7,941/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 4981 Panorama Drive

5.5% price reduction

PRIME WATERFRONT on one of the Coast’s most coveted streets. This exceptional 0.61-acre property boasts over 150' of pristine oceanfront, complete with a beach & protected deep-water moorage at your private 40’ dock, secured with a legal 20-year foreshore license. A true boater’s paradise with crabbing & fishing right at your doorstep! Privately set & surrounded by mature landscaping, the property features a well-built, one owner 2,878 sq.ft. residence offering tremendous potential to personalize or elevate. Enjoy sun-drenched southern exposure & spectacular ocean views from the expansive patios & living space. Additional highlights include a workshop, wraparound driveway & and a tranquil pond. An extraordinary opportunity to secure a legacy waterfront property in a 10/10 location.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Fireplace 2
Heating Type Electric, Wood
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description PANORAMIC OCEAN VIEWS
Roof Wood
Structures Residential Detached

Building Details

Price $1,795,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2678
Year Built 1983
Age Of Building 43
Building Type Single Family Residence
Property Type Residential
Stories 3
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Garage Single, Open, Front Access
Total Parking Spaces 5

Lot & Land

Lot Size 26571.6
Lot Size Depth Feet
Lot Size Frontage 150.25
MLS® # R3103930
Area Sunshine Coast
Neighbourhood Pender Harbour Egmont
City Garden Bay
Postal Code V0N 1S0
Gross Taxes $6,770.7
Zoning R1

Property Timeline

Status Date Price
R3103930 / Active 03-26-2026 $1,795,000
Rooms
Floor Type Dimensions
Main Level Kitchen 12'9 x 12'9 ft
Main Level Dining Room 12'7 x 12'7 ft
Main Level Living Room 17'11 x 17'11 ft
Main Level Bedroom 12'6 x 12'6 ft
Main Level Bedroom 11'5 x 11'5 ft
Above Level Primary Bedroom 18'11 x 18'11 ft
Below Kitchen 13'3 x 13'3 ft
Below Bedroom 14'8 x 14'8 ft
Below Recreation Room 25'11 x 25'11 ft
Below Laundry 14'9 x 14'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Above Level Yes #4
Below No #2

Listed by: Royal LePage Sussex

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

Public Schools

Secondary
Chatelech Secondary School
Average 25.45 km 6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Sea to Sky Montessori School
64.89 km
Elementary,Secondary
Skyridge Montessori Elementary
Above Average 66.13 km 8.7/10

Closest Transit

Bus Stop
Mercer at Sunshine Coast Hwy (SB)
9.97 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 22%
No Certificate/Degree
Above Average 16.3%
Owner Occupied
Below Average 39%
Employment Rate
Below Average 25%

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

50 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PENDER HARBOUR EGMONT compares
This property
148 DOM
Slower than area
Pender Harbour Egmont avg
54 DOM
Average
Garden Bay avg
54 DOM
Faster market

4981 Panorama Drive has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 may take several weeks to attract serious offers.

Nearby Restaurants, Cafes & Shops

Shopping (4 nearby)

  • Garden bay · 418 m · Post Office
  • Madeira park · 832 m · Post Office
  • Earthfair store · 931 m · Bookshop

Groceries (3 nearby)

  • John henry's general store · 426 m · Convenience
  • Iga · 957 m · Supermarket
  • Bc liquor · 969 m · Beverages

Cafes (1 nearby)

  • Euspiria cafe madeira park · 903 m · Cafe

Healthcare (1 nearby)

  • Guardian · 967 m · Healthcare

Schools NearBy

1 School is within 3km

School Type Grades Served Catchment Info Rating Distance

Madeira Park Elementary School

Public

Grades Served

K-6

Catchment Info

6.6 / 10

Distance

819 m

Walkability & Transit Near 4981 Panorama Drive

Walk Score Badge
Car-Dependent 26

Walk Score - Car-Dependent

Most 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
32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 4981 Panorama Drive

/month
Principal & Interest
Property Taxes $564
Maintenance fee 0
Financing 80% of the $1,795,000 asking price over 30 years at 4% results in approximately $7,420/month in total estimated carrying costs, $564 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 $5,750/month in rental income, leaving a -$1,856/month cashflow at current carrying costs. Investors targeting break-even would need roughly 42% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 4981 Panorama Drive, Garden Bay

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 — Pender Harbour Egmont, Garden Bay

Beds Home Types Square Feet Lot Size Year Built
This Home $1,795,000
Garden Bay Loading...
Pender Harbour Egmont Loading...

No active comparable properties are currently available for this property type in Garden Bay. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (5.5% 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 4981 Panorama Drive

Walk Score Badge
Car-Dependent 26

Walk Score - Car-Dependent

Most 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
32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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