5875 Reef Rd, Sechelt BC – House for Sale – MLS® R3170643

5875 Reef Road, Sechelt, British Columbia V7Z 0L7

11 days on the market
$1,990,000
Est. Mortgage $8,804/mo
Listing updated:
EstateBlock checked:
3 Beds
1 Baths
1520 sqft
1309 $ /sqft
1972 built
11 days on the market
$1,990,000
Est. $8,804/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5875 Reef Road

Developer alert! 3.14 acres of gently sloping land located close to town center. 4th Reading passed, Rezone and OCP adoption has been done, ready for DP. 49 Units townhouses can be developed. There is currently an older home on the property which is rented now. Action now!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,990,000
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1520
Year Built 1972
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Open, Front Access
Total Parking Spaces 5
Rental Suites None

Lot & Land

Lot Size 3.14
Lot Size Depth Feet
Lot Size Frontage 213
MLS® # R3170643
Area Sunshine Coast
Neighbourhood Sechelt District
City Sechelt
Postal Code V7Z 0L7
Gross Taxes $6,258.54
Zoning R5

Property Timeline

Status Date Price
R3170643 / Active 09-28-2026 $1,990,000
to view full Property History (6 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'9 x 11'9 ft
Main Level Kitchen 8'1 x 8'1 ft
Main Level Dining Room 8'4 x 8'4 ft
Main Level Bedroom 8'10 x 8'10 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Bedroom 11'6 x 11'6 ft
Below Recreation Room 23'2 x 23'2 ft
Below Storage 10'2 x 10'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Royal Pacific Realty Corp.

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

Public Schools

Secondary
Chatelech Secondary School
Average 1.25 km 6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mulgrave School
Above Average 44.34 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 44.34 km 9.2/10

Closest Transit

Bus Stop
Marine at Heron (EB)
0.09 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 19.5%
No Certificate/Degree
Average 13.9%
Owner Occupied
Below Average 48%
Employment Rate
Below Average 38.1%

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

26 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-501,480
Buyer's
Market conditions
Buyer's market — more supply than demand
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 SECHELT DISTRICT compares
This property
11 DOM
Very fast
Sechelt District avg
54 DOM
Average
Sechelt avg
54 DOM
Slower market

5875 Reef Road has a sell-speed score of 26/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 125.2% above comparable active properties in Sechelt District. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.6% and an area average of 54 days on market — buyers have more leverage. With only 502 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Transit (14 nearby)

  • Bus stop marine at heron (eb) · 91 m · Transit
  • Bus stop reef at spray (sb) · 129 m · Transit
  • Bus stop spray at reef (eb) · 185 m · Transit

Schools NearBy

5 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Kinnikinnick Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.8 / 10

Distance

816 m

Chatelech Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.0 / 10

Distance

1.25 KM

Secondaire Chatelech

Public

Grades Served

—

Catchment Info

—
4.9 / 10

Distance

1.40 KM

du Pacifique

Public

Grades Served

—

Catchment Info

—
N/A

Distance

1.40 KM

West Sechelt Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.50 KM

Walkability & Transit Near 5875 Reef Road

Walk Score Badge
Car-Dependent 22

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
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5875 Reef Road

/month
Principal & Interest
Property Taxes $522
Maintenance fee 0
A 20% down payment of $398,000 on this $1,990,000 listing yields an estimated mortgage of $7,600/month (30-year fixed, 4%). Total estimated housing cost: $8,122/month, $522 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $5,160/month in estimated rental income against $8,329/month in mortgage payments, the monthly cashflow is -$3,169/month. A 54% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5875 Reef Road, Sechelt

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 — Sechelt District, Sechelt

Beds Home Types Square Feet Lot Size Year Built
This Home $1,990,000
Sechelt Loading...
Sechelt District Loading...

Based on 3 comparable active Single Family Residences in Sechelt District, the average asking price is $883,667. This listing is priced 125.2% above the neighbourhood average.

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

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 5875 Reef Road

Walk Score Badge
Car-Dependent 22

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
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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