502 Spyglass Pl, Gibsons BC - Single Family Residence for Sale - MLS# R3124274

114 days on the market
$1,725,000
Est. Mortgage $7,631/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2206 sqft
782 $ /sqft
2022 built
114 days on the market
$1,725,000
Est. $7,631/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 502 Spyglass Place

INCREDIBLE VALUE, priced well below replacement & construction cost, this stunning newly built home offers spectacular ocean/island views in a prime location. Boasting the highest quality, low maintenance construction w/ high-end finishes, the home features 17' vaulted ceilings & an abundance of natural light. The modern design includes a dream kitchen w/top-of-the-line appliances, quartz countertops & a huge pantry. Luxurious primary bedroom/ensuite, N/G furnace, A/C, LoE3-366 windows, 5" wide oak HW floors, "Jotul" N/Gas FP, electronic blinds, tons of storage. A separate suite provides flexibility for guests/potential rental income. Serviced by the famous Gibsons aquifer & on city sewer, ideally located walking distance to everything. Nothing to do but move in!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Oven
Interior Features Guest Suite, Storage, Central Vacuum
Fireplace 1
Heating Type Forced Air, Heat Pump, Natural Gas
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

View Description Ocean
Roof Metal
Structures Residential Detached

Building Details

Price $1,725,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2206
Year Built 2022
Age Of Building 4
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Single, Front Access, Concrete
Total Parking Spaces 4

Lot & Land

Lot Size 7718
Lot Size Depth Feet
Lot Size Frontage 65
MLS® # R3124274
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V9
Gross Taxes $6,861.41
Zoning R1

Property Timeline

Status Date Price
R3124274 / Active 05-15-2026 $1,725,000
to view full Property History (4 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 26'3 x 26'3 ft
Main Level Kitchen 11'1 x 11'1 ft
Main Level Pantry 11'1 x 11'1 ft
Main Level Primary Bedroom 15'4 x 15'4 ft
Main Level Walk-In Closet 12' x 12' ft
Main Level Bedroom 11'1 x 11'1 ft
Main Level Laundry 14'5 x 14'5 ft
Below Living Room 26' x 26' ft
Below Bedroom 11'3 x 11'3 ft
Below Bedroom 11' x 11' ft
Below Storage 37'4 x 37'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #4
Below No #4

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 20.16 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 23.76 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 23.76 km 9.2/10

Closest Transit

Bus Stop
Gibsons at 740 Blk (EB)
0.37 km
Skytrain
Skytrain @ Burrard Stn
31.28 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 24.2%
No Certificate/Degree
Average 13.4%
Owner Occupied
Below Average 51.3%
Employment Rate
Below Average 43.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

44 / 100
Overall sell-speed score
May take longer
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 — 31.28 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GIBSONS & AREA compares
This property
114 DOM
Slower than area
Gibsons & Area avg
54 DOM
Average
Gibsons avg
54 DOM
Faster market

502 Spyglass Place has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" 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 could take longer than the area average to sell.

Climate Risk for V0N 1V9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0N 1V9, 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 "Sechelt" 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langdale Elementary, Langdale (~4.6 km). Annual avg AQHI 0 — Low Risk.

Heat Low

Gibsons currently sees ~0 days above 30 °C per year (1981–2010 baseline), projected to rise to ~3 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~28.4 °C baseline, ~30.8 °C projected. Tropical nights (>18 °C): ~0 baseline, ~0 projected.

Precipitation Increasing

Annual precipitation ~2413 mm (1981–2010 baseline), projected ~2529 mm by the 2050s. Extreme 1-day rainfall: ~78.3 mm baseline, ~85.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~20 days baseline, ~21 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Transit (29 nearby)

  • Bus stop gibsons at 740 blk (eb) · 371 m · Transit
  • Bus stop gibsons 740 block (wb) · 390 m · Transit
  • Bus stop gibsons at north (eb) · 391 m · Transit

Restaurants (15 nearby)

  • The pink house · 410 m · Restaurant
  • Sushi bar nagomi · 412 m · Restaurant
  • Leo's tapas & grill greek cuisine · 426 m · Restaurant

Shopping (13 nearby)

  • Swish · 443 m · Clothes
  • Gibsons · 484 m · Post Office
  • Good fridays · 516 m · General

Groceries (7 nearby)

  • Gibsons landing sunday market · 384 m · Convenience
  • Gibsons tapworks tasting room · 502 m · Beverages
  • Gramma's pub · 519 m · Beverages

Cafes (2 nearby)

  • Molly’s reach by black bean · 489 m · Cafe
  • Fresh · 688 m · Cafe

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Gibsons Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

276 m

Continuing Ed SD 46

Public

Grades Served

Catchment Info

0

Distance

416 m

Sunshine Coast Alternative School

Public

Grades Served

Catchment Info

4.0 / 10

Distance

416 m

Spider

Public

Grades Served

Catchment Info

7.0 / 10

Distance

416 m

Elphinstone Secondary School

Public

Grades Served

7-12

Catchment Info

6.2 / 10

Distance

765 m

Cedar Grove Elementary School

Public

Grades Served

K-7

Catchment Info

6.5 / 10

Distance

2.15 KM

Walkability & Transit Near 502 Spyglass Place

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 502 Spyglass Place

/month
Principal & Interest
Property Taxes $572
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,160/month in total housing costs on this $1,725,000 property — $6,588 mortgage payment, $572 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
Based on $4,431/month estimated rent and $7,339/month in total housing costs, this property has a -$2,908/month cashflow. Break-even down payment: approximately 56%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 502 Spyglass Place, 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 $1,725,000
Gibsons Loading...
Gibsons & Area Loading...

No active comparable properties are currently available for this property type in Gibsons. The price evaluation chart will update as similar listings enter the market.

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

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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 502 Spyglass Place

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
48

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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