Positioned along the shoreline of beautiful David’s Cove, this low bank waterfront property captures expansive sunrise views across one of Mayne Island’s warmest and most protected bays. The 875 sqft vintage cottage offers a simple and authentic coastal retreat with 2 bedrooms, 1 bathroom and a cozy wood stove, while the gently sloping 0.37-acre property provides approximately 200 feet of frontage with direct access to swimming, kayaking and quiet moorage. Rich in natural beauty and privacy, the property presents an exceptional opportunity to enjoy as-is, renovate over time, or create a new waterfront home immersed in the surrounding landscape. The neighbouring property at 579 Bayview is also available, offering potential to secure two side-by-side waterfront parcels.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Heating Type | Electric, Wood |
| # of Kitchens | 0 |
| Foundation | Other |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached, Cabin |
| Price | $929,900 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 875 |
| Year Built | 1966 |
| Age Of Building | 60 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Community |
| Utility Sewer | Other |
| Water (WaterSource) | Other |
| Parking Type | Open |
| Total Parking Spaces | 2 |
| Lot Size | 16117.2 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 200 |
| MLS® # | R3132589 |
| Area | Islands-Van. & Gulf |
| Neighbourhood | Mayne Island |
| City | Mayne Island |
| Postal Code | V0N 2J1 |
| Gross Taxes | $4,118.28 |
| Zoning | SR |
| Status | Date | Price |
|---|---|---|
| R3132589 / Active | 06-03-2026 | $929,900 |
| to view full Property History (2 earlier records) | ||
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Living Room | 10'5 x 10'5 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Flex Room | 12' x 12' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & Oakwyn Realty Ltd.
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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
581 Bayview Drive has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Buy Vs Rent Calculator
Rent vs own
—
No active comparable properties are currently available for this property type in Mayne Island. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (6.9% price reduction) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
6.9% price reduction
$929,900
579 Bayview Drive, Mayne Island, BC
7.8% price reduction
$899,000
528 Aya Reach Road, Mayne Island, BC
$748,000
514 Aya Reach Road, Mayne Island, BC
10.1% price reduction
$899,000
370 Campbell Bay Road, Mayne Island, BC
18.9% price reduction
$1,075,000
423 Felix Jack Road, Mayne Island, BC
20.0% price reduction
$999,000
430 Mckercher Road, Mayne Island, BC
$825,000
506 Arbutus Drive, Mayne Island, BC
$949,000
486 Bluff Way, Mayne Island, BC
$825,000
332 Deacon Hill Road, Mayne Island, BC
$899,000
442 Mariners Way, Mayne Island, BC
$775,000
234 Mariners Way, Mayne Island, BC
6.0% price reduction
$799,000
273 Leighton Lane, Mayne Island, BC