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For sale
  • C$2,395,000

    123 Smith Rd, Saltspring Island, BC V8K 2A6

    4beds
    6baths
    4,864sqft
    Single Family Residence
    Built in 2013
    0.49 Acres Lot
    $-- Zestimate®
    C$492/sqft
    C$168/mo HOA

    What's special

    Waterfront homeArchitecturally striking timber-frame residencePrivate dockAccess to deep-water moorageFully equipped woodworking shopDedicated cold storageYear-round golf simulator
    Salt Spring Island waterfront home for sale in coveted Musgrave Landing—an architecturally striking timber-frame residence on a private 0.5-acre oceanfront lot with a private dock and access to deep-water moorage. Offering approximately 5,264 sq ft over three levels, this road-accessible Gulf Islands retreat blends West Coast craftsmanship with modern luxury. The main home features 3 bedrooms plus a flexible full studio guest accommodation, 4 full bathrooms and 2 powder rooms, generous indoor–outdoor living, and an oversized two-car garage - 596 sq ft. Thoughtful extras include a fully equipped woodworking shop, dedicated cold storage, and a year-round golf simulator—all ideal for work, hobbies, and entertaining. Set within a well-managed Bare Land Strata, owners enjoy amenities rarely found on Salt Spring: a large community dock with deep-water moorage, plus a tennis/pickleball court and shared green spaces.
    116 days
    |
    106
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Darya Pfund,

    Easy List Realty

    Source: VIVA,MLS®#: 1032734

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Kitchen
      • Level: Main
      Heating
      • Baseboard, Heat Pump, Hot Water, Radiant Floor
      Cooling
      • None
      Appliances
      • Included: Built-In Range, Dishwasher, Dryer, Freezer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer, Water Filters
      • Laundry: Inside
      Features
      • Bar, Cathedral Entry, Ceiling Fan(s), Dining Room, Dining/Living Combo, Eating Area, French Doors, Soaker Tub, Storage, Vaulted Ceiling(s), Workshop, Central Vacuum
      • Flooring: Carpet, Concrete, Cork
      • Windows: Insulated Windows, Screens, Vinyl Frames
      • Basement: Finished,Full,Walk-Out Access,With Windows
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Wood Burning
      • Furnished: Yes
      Interior area
      • Total structure area: 5,264
      • Total interior livable area: 4,864 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Additional Parking, Driveway, Garage, Garage Double, Guest, RV Access/Parking, Garage Door Opener
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Accessible Entrance, Ground Level Main Floor, Customized Wheelchair Accessible
      Features
      • Entry location: Main Level
      • Patio & porch: Balcony/Deck, Balcony/Patio
      • Exterior features: Balcony, Garden, Lighting, Low Maintenance Yard, Sprinkler System
      • Fencing: Fenced,Partial
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Front, Walk on Waterfront
      Lot
      • Size: 0.49 Acres
      • Features: Acreage, Dock/Moorage, Family-Oriented Neighbourhood, Marina Nearby, Private, Quiet Area, Recreation Nearby, Rural Setting, Sloped, Southern Exposure, In Wooded Area
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: 002727145
      • Zoning: R-01
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Heritage,Post & Beam,West Coast
      • Property subtype: Single Family Residence
      Materials
      • Cement Fibre, Concrete, Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood Siding, See Remarks
      • Foundation: Concrete Perimeter, Slab
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2013

      Utilities & green energy

      • Sewer: Holding Tank
      • Water: Well: Drilled
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      Community
      • Features: Family-Oriented Neighbourhood
      • Subdivision: Musgrave Ocean Estates
      HOA
      • Has HOA: Yes
      • HOA fee: C$168 monthly
      Location
      • Region: Saltspring Island

      Financial & listing details

      • Price per square foot: C$492/sqft
      • Tax assessed value: C$2,053,000
      • Annual tax amount: C$7,166
      • Date on market: 4/19/2026
      • Ownership: Freehold/Strata
      • Electric utility on property: Yes
      • Road surface type: Unimproved

        Price history

        DateEventPrice
        4/19/2026Listed for saleC$2,395,000C$492/sqft
        Source: VIVA #1032734 Report a problem

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: V8K

        Getting around

        5 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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