First time on market in over 50 years, this rare 10-acre waterfront-access property offers an exceptional opportunity to create a legacy estate on Salt Spring Island. Beautifully untouched and richly forested, the property enjoys access to Booth Canal—perfect for kayaking serene waterways out to the ocean. Level and sun-dappled with multiple prime building sites for a dream residence and guest cottage, plus subdivision potential. Established plum and apple trees, along with a former vineyard site, add to the idyllic island charm. Cherished by three generations as a private retreat, this property captures timeless Salt Spring living. Included is an adorable approx. 600 sq. ft. cabin with power, water, covered porch, and woodstove. Surface spring well with 600-gallon reservoir and septic system already in place. Peaceful, private, minutes to town, and offered under assessed value—an extraordinary island opportunity.
Address
808 Rainbow Rd
List Price
$1,699,000
Property Type
Residential
Type of Dwelling
Land
Transaction Type
Sale
Area
Gulf Islands
Sub-Area
GI Salt Spring
Bedrooms
2
Floor Area
613 Sq. Ft.
Lot Size
435600 Sq. Ft.
Lot Size (Acres)
10 Ac.
Year Built
1975
MLS® Number
1037567
Listing Brokerage
eXp Realty
Basement Area
None
Postal Code
V8K 2M8
Tax Amount
$7,041.00
Tax Year
2025
Features
Baseboard