150 Skywater Lane, Salt Spring Island BC - Land for Sale - MLS# R3079714

237 days on the market
$1,150,000
Est. Mortgage $5,088/mo
Listing updated:
EstateBlock checked:
0 sqft
0 $ Maint. fee
8.0% price reduction
237 days on the market
$1,150,000
$1,250,000
Est. $5,088/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 150 Skywater Lane

8.0% price reduction

Perched high above the sea, this extraordinary 8+ acre ocean view parcel offers a front row seat to one of the area's most captivating panoramas. Gaze out across the water toward neighbouring Gulf Islands, the US San Juans, and the iconic Mount Baker - an ever changing canvas of light, weather and colour. The land itself is private, expansive, and provides multiple building sites that maximize views while preserving a sense of seclusion and scale. Zoning allows for a main residence, a separate cottage and accessory buildings. Build your dream estate here and let your Island life begin!

Exterior Features

View Description ocean & mountains
Structures Land Only

Building Details

Price $1,150,000
Property Type Land
Ownership Type Freehold Strata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Available, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Lot & Land

Lot Size 8.35
Lot Size Depth Feet
MLS® # R3079714
Area Islands-Van. & Gulf
Neighbourhood Salt Spring Island
City Salt Spring Island
Postal Code V8K 2W9
Gross Taxes $3,728.1
Zoning F1

Property Timeline

Status Date Price
R3079714 / Active 01-12-2026 $1,150,000

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 44.21 km 9.9/10
Elementary, Secondary
Southpointe Academy
Above Average 44.21 km 9.9/10

Closest Transit

Bus Stop
Fulford-Ganges Rd at Isabella Point Rd (SB)
3.25 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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
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
237 DOM
Listed
Salt Spring Island avg
Salt Spring Island avg

150 Skywater Lane 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.

Nearby Restaurants, Cafes & Shops

Walkability & Transit Near 150 Skywater Lane

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 150 Skywater Lane

/month
Principal & Interest
Property Taxes $311
Maintenance fee 0
Financing 80% of the $1,150,000 asking price over 30 years at 4% results in approximately $4,703/month in total estimated carrying costs, $311 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 $3,441/month in rental income, leaving a -$1,311/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 150 Skywater Lane, 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 $1,150,000
Salt Spring Island Loading...
Salt Spring Island Loading...

No active comparable properties are currently available for this property type in Salt Spring Island. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (8.0% 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

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Walkability & Transit Near 150 Skywater Lane

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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