109 Skywater View, Salt Spring Island BC - Land for Sale - MLS# R3158008

19 days on the market
$1,100,000
Est. Mortgage $4,866/mo
Listing updated:
EstateBlock checked:
0 sqft
8.3% price reduction 50.1% cheaper than comps
19 days on the market
$1,100,000
$1,200,000
Est. $4,866/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 109 Skywater View

8.3% price reduction 50.1% cheaper than comps

Discover an exceptional opportunity to build your dream estate on this 6.22-acre bare land property, offering sweeping panoramic views across the Gulf Islands, Mount Baker and Swartz Bay. A drilled well is already in place, providing a valuable head start for future development. The flexible zoning allows for a primary residence, separate cottage and accessory buildings, creating endless possibilities for a private retreat, guest accommodation, studio or workshop. With generous acreage, spectacular outlooks and multiple building options, this is a rare opportunity to create a truly special West Coast property!

Exterior Features

View Description OCEAN & MOUNTAIN
Structures Land Only

Building Details

Price $1,100,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Lot & Land

Lot Size 6.22
Lot Size Depth Feet
MLS® # R3158008
Area Islands-Van. & Gulf
Neighbourhood Salt Spring Island
City Salt Spring Island
Postal Code V8K 2W9
Gross Taxes $3,334
Zoning F1

Property Timeline

Status Date Price
R3158008 / Active 08-18-2026 $1,100,000

Listed by: NEWPORT REALTY (VREB) & Sea to Sky Premier Properties

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 44.38 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 44.38 km 9.9/10

Closest Transit

Bus Stop
Fulford-Ganges Rd at Isabella Point Rd (SB)
3.68 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.6%
No Certificate/Degree
Below Average 10.2%
Owner Occupied
Below Average 46.7%
Employment Rate
Below Average 41.8%

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

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,651,100
Market conditions
Market conditions unavailable
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 SALT SPRING ISLAND compares
This property
19 DOM
Listed
Salt Spring Island avg
Salt Spring Island avg

109 Skywater View has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 50.1% below comparable active properties in Salt Spring Island, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Nearby Restaurants, Cafes & Shops

Walkability & Transit Near 109 Skywater View

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 109 Skywater View

/month
Principal & Interest
Property Taxes $278
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($220,000), the estimated monthly payment for this listing is $4,479/month — $4,201 principal & interest, $278 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 $3,292/month, this property runs a $1,327/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 109 Skywater View, Salt Spring 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 — Salt Spring Island, Salt Spring Island

Beds Home Types Square Feet Lot Size Year Built
This Home $1,100,000
Salt Spring Island Loading...
Salt Spring Island Loading...

Based on 7 comparable active properties in Salt Spring Island, the average asking price is $2,206,333. This listing is priced 50.1% below the neighbourhood average. This property is flagged as a Hot Deal (8.3% price reduction, 50.1% cheaper than comparables) 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 109 Skywater View

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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