DL 4055 E Dark Cove Jervis Rd, Madeira Park BC - Single Family Residence for Sale - MLS# R2875472

849 days on the market
$2,495,000
Est. Mortgage $11,038/mo
Listing updated:
EstateBlock checked:
2 Beds
1 Baths
1600 sqft
1559 $ /sqft
1985 built
Foreclosures 36.1% price reduction
849 days on the market
$2,495,000
$3,905,000
Est. $11,038/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for DL 4055 E Dark Cove Jervis Road

Foreclosures 36.1% price reduction

Offered for sale by Court Order, this rare 136 acre low bank oceanfront property on the Lower Sunshine Coast is priced competitively with lower density RU2 zoned waterfront acreages. Located only minutes by boat from Egmont, the property features over 4,100 ft of shoreline, protected moorage, a log home, guest cabin, and exceptional privacy. Zoned CD5, the property offers valuable future development potential while also serving as an incredible private recreational retreat or long-term investment holding near Vancouver.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Wood
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Metal
Structures Residential Detached

Building Details

Price $2,495,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1600
Year Built 1985
Age Of Building 41
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type None
Utility Sewer None
Water (WaterSource) Other
Parking Type None

Lot & Land

Lot Size 136.1
Lot Size Depth Feet
Lot Size Frontage 4150
MLS® # R2875472
Area Sunshine Coast
Neighbourhood Pender Harbour Egmont
City Madeira Park
Postal Code V0N 2H4
Gross Taxes $7,369.23
Zoning CD5

Property Timeline

Status Date Price
R2875472 / Active 04-24-2024 $2,495,000
Rooms
Floor Type Dimensions
Main Level Kitchen 8' x 8' ft
Main Level Living Room 20' x 20' ft
Main Level Bedroom 8' x 8' ft
Main Level Bedroom 8' x 8' ft
Above Level Loft 20' x 20' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Landquest Realty Corporation & Landquest Realty Corporation

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
Sea to Sky Montessori School
60.24 km
Elementary,Secondary
Skyridge Montessori Elementary
Above Average 60.35 km 8.7/10

Closest Transit

Bus Stop
Hwy 101 at Jenkinson (WB)
15.64 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
849 DOM
Slower than area
Pender Harbour Egmont avg
54 DOM
Average
Madeira Park avg
54 DOM
Faster market

DL 4055 E Dark Cove Jervis Road 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

Walkability & Transit Near DL 4055 E Dark Cove Jervis Road

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
4

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for DL 4055 E Dark Cove Jervis Road

/month
Principal & Interest
Property Taxes $614
Maintenance fee 0
Financing 80% of the $2,495,000 asking price over 30 years at 4% results in approximately $10,143/month in total estimated carrying costs, $614 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 $6,222/month in rental income, leaving a -$4,145/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for DL 4055 E Dark Cove Jervis Road, Madeira Park

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, Madeira Park

Beds Home Types Square Feet Lot Size Year Built
This Home $2,495,000
Madeira Park Loading...
Pender Harbour Egmont Loading...

No active comparable properties are currently available for this property type in Madeira Park. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (Foreclosures, 36.1% 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 DL 4055 E Dark Cove Jervis Road

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
4

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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