For Sale: 490 Rainbow Road, Salt Spring Island, BC - REW
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$790,000
1 bd • 2 ba • 1257 sf • House
490 Rainbow Road
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$790,000
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490 Rainbow RoadSalt Spring Island, BC, V8K 2M5

  • 1 Bed
  • 2 Bath
  • 1257 Sqft
  • House

About this home

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.
Listed by: Erin Williams PREC*, eXp Realty

Home facts and features

Price details
List Price
$790,000
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Gross Taxes for 2025
$2,669
Home facts
Bedrooms
1
Full Bathrooms
2
Parking Spaces
4
Parking Details
Carport
Property Type
House
Lot Size
2.53 acres
Year Built
Built in 1971 (55 yrs old)
Title
Freehold
Style
Rancher
Exterior Finish
Frame Wood
Heating Type
Baseboard, Wood
Features
Fireplace: Wood Stove
Agent details
Primary Agent
Primary Broker
eXp Realty
Listing details
Days on REW
30 Days
Property Views
439
MLS® Number
1033701
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Salt Spring Island School
  • Public
  • Pre-K - 5
  • In Catchment
Gulf Islands Secondary School
  • Public
  • 9 - 12
  • In Catchment
Salt Spring Centre School
  • Independent
  • K - 6
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Call Agent
Erin Williams PREC*
Phone:
250-537-8568
Cell:
250-537-8568
Office:
833-817-6506
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