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$899,999

2902 ARBUTUS LANE

Savary Island · MLS® 20051

3 bed · 2 bath · 2,218 sq ft · 20,909 sq ft lot · 1 parking

House · Single Family · built 2006 · 92 days on market

Listed by SARAH STOLTZ, ROYAL LEPAGE POWELL RIVER

Realtor's description

Welcome to Seahorse Ranch, an exceptional waterfront retreat in the sought-after Savary Shores community on Savary Island. This beautifully crafted 3-bedroom, 2-bathroom home offers panoramic ocean views, a bright open-concept design, and abundant natural light throughout. Features include an unfinished basement ready for your ideas, an attached garage, and an efficient solar power system for comfortable off-grid living. Enjoy breathtaking sunsets from the expansive entertaining deck or the private waterfront viewing deck. Ideally located just a short walk to South Beach, the Patricia Beach stairs, and the Savary Island General Store. Seahorse Ranch also offers excellent vacation rental potential, providing an opportunity to offset ownership costs while enjoying one of British Columbia's most desirable island destinations. Rarely do waterfront properties in Savary Shores become available. Reach out to book your private viewing today!

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 2,218 sq ft
Lot: 20,909 sq ft
Parking: 1
Year built: 2006
Property tax: $4,269 / yr
Days on market: 92
MLS®: 20051

Features

Private setting
Southern exposure

Price check

2026 assessment: $859,000 · asking is +4.8%
Price per sq ft: $406 vs $568 median for houses in Savary Island for sale (13)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 92 days · no price changes so far

The market here

Listed now: 92 days; median for 15 houses for sale; this one 92 days

Houses in Savary Island. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$4,277/mo

Mortgage $3,921 · Tax $356

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

estimated payment

$3,921/ monthly

loan $719,999

25-year amortization

down payment20% · $180,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $456,364
property transfer tax: $16,000; BC general rate
cash to close: $196,000; down + PTT
total paid: $1,176,363

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.