For sale

C$1,225,000

250 S Bank Dr, Salt Spring Island, BC V8K 1M7

3beds

3baths

3,750sqft

Get pre-qualified

Single Family Residence

Built in 1982

1.56 Acres Lot

$-- Zestimate^®

C$327/sqft

C$-- HOA

What's special

Magical views and sunsets over looking St. Mary Lake! This gorgeous 1.56 acre west facing gardeners' paradise features a spacious solidly built two storey family home. The main floor entrance level features vaulted ceilings with wood beams that grace an open living and dining room enhanced by six skylights and the cosiness of a woodstove next to a large master suite with a lovely view. Each level has a large wraparound southwest facing deck overlooking the lake. Gazebo with newer circular hot tub. The walkout lower level has two bedrooms, one bath and a large family room with woodstove. Property is securely fenced to protect the mature garden of flowering shrubs, rhododendrons, vegetable beds, rock gardens and fruit trees. 10-station irrigation system keeps the garden healthy. Full dry basement. Paved driveway and double garage. This home has good bones but is ready for a refresh so bring your good taste and ideas!

155 days

55

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 1

Kitchen

Level: Main

Heating

Baseboard, Electric, Wood

Cooling

None

Appliances

Included: Dryer, F/S/W/D, Refrigerator, Washer
Laundry: Inside

Features

Cathedral Entry, Ceiling Fan(s), Dining/Living Combo, Eating Area, French Doors, Vaulted Ceiling(s), Winding Staircase
Flooring: Carpet, Laminate, Linoleum
Windows: Aluminum Frames, Bay Window(s), Insulated Windows, Screens, Skylight(s)
Basement: Full,Other
Number of fireplaces: 2
Fireplace features: Living Room, Recreation Room, Wood Burning Stove

Interior area

Total structure area: 4,350
Total interior livable area: 3,750 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway, Garage Double
Garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: Ground Level Main Floor

Features

Levels: 2
Entry location: Main Level
Patio & porch: Balcony/Patio
Exterior features: Sprinkler System
Has spa: Yes
Spa features: Jetted Tub
Fencing: Full
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Lot

Size: 1.56 Acres
Features: Cleared, Easy Access, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Near Golf Course, No Through Road, Private, Rocky, Sloped, Southern Exposure

Details

Parcel number: 003242757
Zoning: RW#1
Zoning description: Residential
Other equipment: Other Improvements

Construction

Type & style

Home type: SingleFamily
Architectural style: West Coast
Property subtype: Single Family Residence

Materials

Frame Wood, Steel and Concrete, Wood Siding
Foundation: Concrete Perimeter
Roof: Fibreglass Shingle

Condition

Contact List Licensee
Year built: 1982

Utilities & green energy

Water: Municipal
Utilities for property: Cable Available, Electricity Connected, Phone Available

Community & HOA

Location

Region: Salt Spring Island

Financial & listing details

Price per square foot: C$327/sqft
Tax assessed value: C$1,217,000
Annual tax amount: C$5,700
Date on market: 2/2/2026
Listing terms: Purchaser To Finance
Ownership: Freehold
Electric utility on property: Yes
Road surface type: Paved

Peter Allan

(250) 221-0214

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Price history

Date	Event	Price
6/21/2026	Price change	C$1,225,000-3.9%C$327/sqft
Source: VIVA #1023692 Report a problem
2/2/2026	Listed for sale	C$1,275,000C$340/sqft
Source: VIVA #1023692 Report a problem