$1,250,000
150 Skywater Lane, Salt Spring Island BC – Land for Sale – MLS® R3079714
150 Skywater Lane, Salt Spring Island, British Columbia V8K 2W9
284 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
Photos
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
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
- Elementary, Secondary
- Southpointe Academy
- Above Average 44.21 km
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
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
284 DOM
Salt Spring Island avg
—
Salt Spring Island avg
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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
Car-Dependent
0
Walk Score - Car-Dependent
Almost all errands require a car
Some Transit
0
Transit Score - Minimal Transit
It is possible to get on a bus
Somewhat
Bikeable 19
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.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
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
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/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
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Principal paid off by year 5
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Principal paid off by year 10
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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
This Home
$1,150,000
Salt Spring Island
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Salt Spring Island
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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