150 SKYWATER LANE

Salt Spring Island, Salt Spring · MLS® R3079714

8 sq ft lot

Land · Vacant Land · 267 days on market

Listed by Ian Brown, Newport Realty Ltd.

Realtor's description

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!

Property details

Type: Land, Vacant Land
Lot: 8 sq ft
Parking: 0
Property tax: $3,728 / yr
Days on market: 267
MLS®: R3079714

Property insights

On market 267 days

The market here

Listed now: 159 days; median for 40 homes for sale; this one 267 days

Homes in Salt Spring. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$5,321/mo

Mortgage $5,010 · Tax $311

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,010/ monthly

loan $920,000

25-year amortization

down payment20% · $230,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $583,132
property transfer tax: $21,000; BC general rate
cash to close: $251,000; down + PTT
total paid: $1,503,132

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.