1491 Reed Rd, Gibsons BC - Land for Sale - MLS# R3080461

233 days on the market
$899,900
Est. Mortgage $3,981/mo
Listing updated:
EstateBlock checked:
0 sqft
10.0% price reduction
233 days on the market
$899,900
$999,900
Est. $3,981/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 1491 Reed Road

10.0% price reduction

2.57 acres of stunning VIEW property on Reed Road West of Henry Road! Gently sloping & cleared with a gravel driveway already constructed. Zoned RU1, the property allows for two full sized dwellings—ideal for keeping family close. This Zone allows for a Strata Title Subdivision of the property if you build two new homes. Whether you would use the 2nd home as a guest house, a rental, or simply sell the home, the opportunity is yours to decide. The property offers panoramic views of the Georgia Strait from at least 2 obvious build sites. Access to the property for the lower site could come from Mountain Road which borders the Southern boundary for more privacy. Licensed Builder available to create the 2 homes, and provide for your dream home with a fabulous investment side to your purchase.

Exterior Features

View Description Southwest
Structures Land Only

Building Details

Price $899,900
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Nearby, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Well Drilled
Parking Type Front Access

Lot & Land

Lot Size 2.57
Lot Size Depth Feet
Lot Size Frontage 182
MLS® # R3080461
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V7
Gross Taxes $2,569.87
Zoning RU1

Property Timeline

Status Date Price
R3080461 / Active 01-16-2026 $899,900
to view full Property History (1 earlier record)

Listed by: RE/MAX City Realty & RE/MAX City 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 & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
Average 17.07 km 6/10

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

Private Schools

Elementary, Secondary
Mulgrave School
Above Average 26.86 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 26.86 km 9.2/10

Closest Transit

Bus Stop
Sunshine Coast Hwy AT Oceanview Dr (WB)
0.8 km
Skytrain
Skytrain @ Burrard Stn
34.37 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 17.6%
No Certificate/Degree
Above Average 17.1%
Owner Occupied
Below Average 56.1%
Employment Rate
Below Average 49.1%

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)
Possible
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: $618,231
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 34.37 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
Yes — in ALR
How GIBSONS & AREA compares
This property
233 DOM
Slower than area
Gibsons & Area avg
54 DOM
Average
Gibsons avg
54 DOM
Faster market

1491 Reed Road 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 31.3% above comparable active properties in Gibsons & Area. 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

Transit (4 nearby)

  • Bus stop sunshine coast hwy at oceanview dr (wb) · 802 m · Transit
  • Bus stop sunshine coast 1380 block (wb) · 817 m · Transit
  • Bus stop sunshine coast 1380 block (eb) · 831 m · Transit

Schools NearBy

3 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.54 KM

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

6.2 / 10

Distance

2.55 KM

Gibsons Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.83 KM

Walkability & Transit Near 1491 Reed Road

Walk Score Badge
Car-Dependent 3

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
9

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1491 Reed Road

/month
Principal & Interest
Property Taxes $214
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($179,980), the estimated monthly payment for this listing is $3,651/month — $3,437 principal & interest, $214 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
At an estimated rental income of $3,201/month, this property runs a $599/month shortfall after mortgage and carrying costs. Break-even requires approximately 34% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1491 Reed Road, Gibsons

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 — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $899,900
Gibsons Loading...
Gibsons & Area Loading...

Based on 29 comparable active properties in Gibsons & Area, the average asking price is $685,167. This listing is priced 31.3% above the neighbourhood average. This property is flagged as a Hot Deal (10.0% 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 1491 Reed Road

Walk Score Badge
Car-Dependent 3

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
9

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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