For sale

C$790,000

490 Rainbow Rd, Saltspring Island, BC V8K 2M5

1beds

2baths

1,257sqft

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Single Family Residence

Built in 1971

2.53 Acres Lot

$-- Zestimate^®

C$628/sqft

C$-- HOA

What's special

Charming cottage

Level, sun-drenched 2.53-acre property offering a rare blend of privacy, productivity, and proximity to town. The property features a charming cottage and separate studio—ideal for guests, creative space, or extended family. Multiple fenced garden areas with raised beds invite a self-sufficient lifestyle, complemented by established fruit trees including plum, fig, and mature grape vines. A peaceful forested backdrop with a year-round creek provides a licensed water source, enhanced by a new pump, pump house, water treatment system, and updated lines (2023). Gently usable land with excellent sun exposure in a quiet setting just minutes to Ganges. An exceptional opportunity to enjoy the Salt Spring Island lifestyle.

48 days

76

6

Facts & features

Interior

Bedrooms & bathrooms

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

Kitchen

Level: Main

Heating

Baseboard, Wood

Cooling

None

Appliances

Laundry: Inside

Features

Windows: Stained/Leaded Glass
Basement: None
Number of fireplaces: 1
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 1,429
Total interior livable area: 1,257 sqft

Property

Parking

Total spaces: 4
Parking features: Carport
Carport spaces: 1

Features

Entry location: Ground Level

Lot

Size: 2.53 Acres

Details

Parcel number: 003185575
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame Wood
Foundation: Concrete Perimeter
Roof: Metal

Condition

Resale
New construction: No
Year built: 1971

Utilities & green energy

Water: Other

Community & HOA

Location

Region: Saltspring Island

Financial & listing details

Price per square foot: C$628/sqft
Tax assessed value: C$635,000
Annual tax amount: C$2,669
Date on market: 5/6/2026
Listing terms: Purchaser To Finance
Ownership: Freehold

Erin Williams Personal Real Estate Corporation

(250) 537-8568

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