240 Mariners Way, Mayne Island BC - Land for Sale - MLS# R3125670

111 days on the market
$295,000
Est. Mortgage $1,305/mo
Listing updated:
EstateBlock checked:
0 sqft
14.0% price reduction
111 days on the market
$295,000
$343,000
Est. $1,305/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 240 Mariners Way

14.0% price reduction

The clearing of this 0.38-acre property was done with care and attention. The septic system was installed in 1989 and upgraded in 2021, servicing the 2 well-maintained RVs. Driveway, water connection, the property is fenced and nearly deer proof. Utility poles bring electricity connections to both RVs. In the center of the lot sits an attractive gazebo with a wooden deck, which completes a very pleasant living space for summer BBQ and star gazing. A storage shed is located on the south side of the property. The Village Bay Community Park is right in front of the property. Short distance to the boat launch, walking distance to BC Ferry, Dinner Bay Park and the enchanting Japanese Garden. 240 Mariners Way is sunny, neat and tidy and would be an ideal get-away for families and friends.

Exterior Features

Exterior Features Private Yard
Structures Land Only

Building Details

Price $295,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Septic Tank, Storm Sewer Not Available, Electricity Available, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Community

Lot & Land

Lot Size 16552.8
Lot Size Depth Feet
Lot Size Frontage 98.87
MLS® # R3125670
Area Islands-Van. & Gulf
Neighbourhood Mayne Island
City Mayne Island
Postal Code V0N 2J2
Gross Taxes $907.71
Zoning SR

Property Timeline

Status Date Price
R3125670 / Active 05-18-2026 $295,000

Listed by: Gulfport 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

Private Schools

Elementary, Secondary
Southpointe Academy
Above Average 28.82 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 28.82 km 9.9/10

Closest Transit

Bus Stop
Beaver Point Parking Lot
8.25 km
Skytrain
Skytrain @ Brighouse Stn
38.91 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Low

Demographics

Post-Secondary Education
Above Average 34.1%
No Certificate/Degree
Below Average 9.1%
Owner Occupied
Below Average 35.2%
Employment Rate
Below Average 23.4%

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

38 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $153,400
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 38.91 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MAYNE ISLAND compares
This property
111 DOM
Listed
Mayne Island avg
Mayne Island avg

240 Mariners Way has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 48% above comparable active properties in Mayne Island. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Restaurants (1 nearby)

  • Smoke & thyme · 586 m · Fast Food

Cafes (1 nearby)

  • Village fare · 475 m · Cafe

Walkability & Transit Near 240 Mariners Way

Walk Score Badge
Car-Dependent 7

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 240 Mariners Way

/month
Principal & Interest
Property Taxes $76
Maintenance fee 0
Financing 80% of the $295,000 asking price over 30 years at 4% results in approximately $1,203/month in total estimated carrying costs, $76 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 $1,677/month estimated rental income and $1,276/month in total costs, projected cashflow is +$401/month.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 240 Mariners Way, Mayne 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 — Mayne Island, Mayne Island

Beds Home Types Square Feet Lot Size Year Built
This Home $295,000
Mayne Island Loading...
Mayne Island Loading...

Based on 6 comparable active properties in Mayne Island, the average asking price is $199,333. This listing is priced 48% above the neighbourhood average. This property is flagged as a Hot Deal (14.0% 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $2,721
0 of 21 missions

Sign up on Estateblock.com

$136 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 240 Mariners Way

Walk Score Badge
Car-Dependent 7

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Land for Sale in Mayne Island

Recently Sold Homes Near 240 Mariners Way