5883 Cowrie St, Sechelt BC - Land for Sale - MLS# R3087469

214 days on the market
$3,250,000
Est. Mortgage $14,378/mo
Listing updated:
EstateBlock checked:
0 sqft
214 days on the market
$3,250,000
Est. $14,378/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5883 Cowrie Street

5883 Cowrie Street, Sechelt, British Columbia, V7Z 0K2—Phase 5 of the “Veranda” development at 5883 Cowrie Street offers a rare, fully serviced, ocean-view multifamily site in Sechelt with no competing view development land currently available. This 17,000 sq.ft. site supports up to 13 condominium units of approximately 1,500 sq.ft. each, all with southwest and easterly exposure and ocean views. Municipal water, sewer, storm, hydro, and natural gas services are already installed and in place, significantly reducing development risk and timelines. Phase 1 and 2 townhomes are completed and sold, demonstrating proven market absorption. Phase 3 and 4 lands (8 future townhomes) may be available separately. Prime central location near amenities, strong end-user demand.

Exterior Features

View Description Oceans and Mountains
Structures Land Only

Building Details

Price $3,250,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 17000
Lot Size Depth Feet
Lot Size Frontage 276
MLS® # R3087469
Area Sunshine Coast
Neighbourhood Sechelt District
City Sechelt
Postal Code V7Z 0K2
Gross Taxes $10,355.12
Zoning R4

Property Timeline

Status Date Price
R3087469 / Active 02-04-2026 $3,250,000

Listed by: RE/MAX Crest Realty

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

Elementary
École du Pacifique
0.24 km
Secondary
Chatelech Secondary School
0.18 km
Elementary
École du Pacifique
0.24 km

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

Private Schools

Elementary, Secondary
Aspengrove School
33.78 km
Elementary, Secondary
Aspengrove School
33.78 km

Closest Transit

Bus Stop
Cowrie at Clayton (WB)
0.15 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: $-24,940,500
Buyer's
Market conditions
Buyer's market — more supply than demand
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 SECHELT DISTRICT compares
This property
214 DOM
Slower than area
Sechelt District avg
54 DOM
Average
Sechelt avg
54 DOM
Faster market

5883 Cowrie Street 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 867.4% 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

Shopping (39 nearby)

  • Feather touch · 479 m · Beauty Shop
  • Rbc · 500 m · Bank
  • Feather tough · 502 m · Beauty Shop

Restaurants (18 nearby)

  • Twenty two taphouse · 437 m · Restaurant
  • Shift kitchen tapas bar · 464 m · Restaurant
  • Pizza hut · 472 m · Restaurant

Transit (14 nearby)

  • Bus stop cowrie at clayton (wb) · 146 m · Transit
  • Bus stop cowrie at barnacle (nb) · 235 m · Transit
  • Bus stop teredo at burley (wb) · 375 m · Transit

Groceries (5 nearby)

  • Claytons heritage market · 469 m · Supermarket
  • Lighthouse liquor · 493 m · Beverages
  • Basted baker · 760 m · Bakery

Healthcare (5 nearby)

  • I.d.a rx drug mart · 591 m · Healthcare
  • I.d.a. · 597 m · Healthcare
  • Cowrie pharmacy · 699 m · Healthcare

Cafes (4 nearby)

  • Trail bay cafe · 500 m · Cafe
  • Flying saucers · 585 m · Cafe
  • Middlechild · 901 m · Cafe

Schools NearBy

5 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Chatelech Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
6.0 / 10

Distance

178 m

Secondaire Chatelech

Public

Grades Served

Catchment Info

4.9 / 10

Distance

236 m

du Pacifique

Public

Grades Served

Catchment Info

0

Distance

236 m

Kinnikinnick Elementary School

Public

Grades Served

K-7

Catchment Info

4.8 / 10

Distance

2.22 KM

West Sechelt Elementary School

Public

Grades Served

K-7

Catchment Info

6.2 / 10

Distance

2.52 KM

Walkability & Transit Near 5883 Cowrie Street

Walk Score Badge
Car-Dependent 67

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 5883 Cowrie Street

/month
Principal & Interest
Property Taxes $863
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $13,276/month in total housing costs on this $3,250,000 property — $12,413 mortgage payment, $863 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
Based on $7,456/month estimated rent and $13,512/month in total housing costs, this property has a -$6,056/month cashflow. Break-even down payment: approximately 60%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5883 Cowrie Street, 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 $3,250,000
Sechelt Loading...
Sechelt District Loading...

Based on 10 comparable active properties in Sechelt District, the average asking price is $335,967. This listing is priced 867.4% 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 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 5883 Cowrie Street

Walk Score Badge
Car-Dependent 67

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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