177 Mariners Way, Mayne Island
GI Mayne Island · Single Family Residence · MLS® 1000569 · Listed Jun 19, 2025
Welcome to Otterspool Cottage! Experience the charm of this cozy waterfront cabin, perfectly situated on a gently sloped lot with views into Village Bay, nestled in the tranquil woods. This adorable 2-bedroom, 1-bath cabin offers a warm and inviting atmosphere with a feeling of 'family'. The cottage features an open living space with large windows that showcase the scenic waterfront from the dining room, along with a workshop and laundry in the basement. Grab a couple chairs and head down to the shoreline where the forest meets the ocean to a lovely, little beach for summers and sunsets. Ideal for a weekend getaway or a quiet retreat, this waterfront cabin combines rustic charm with nature’s beauty for the perfect escape. Come Feel the Magic!
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 876 sqft |
| Lot Size | 14,810.4 sqft (0.34 acres) |
| Lot Features | Walk on Waterfront |
| Parking | 2 spaces |
| Year Built | 1975 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Wood |
| Basement | Unfinished, Walk-Out Access |
| Exterior | Frame Wood, Wood |
| Roof | Asphalt Shingle |
| Foundation | Pillar/Post/Pier, Concrete Perimeter |
| Water | Regional/Improvement District |
| Sewer | Septic System |
| Zoning | Residential |
| Taxes | $3,139.04 (2025) |
| Extras | Dryer, F/S/W/D, Refrigerator, Washer |
| MLS® # | 1000569 |
| Brokerage | RE/MAX Mayne-Pender |
27 homes sold in Mayne Island in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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27 homes sold in Mayne Island in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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27 sales in Mayne Island in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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27 sales in Mayne Island in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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Mayne Island single-family averages, updated daily. See Mayne Island market stats or Mayne Island market stats.
It is listed at $699,000.
A Single Family Residence in GI Mayne Island, Mayne Island with 2 bedrooms, 1 bathrooms, 876 sqft, built in 1975.
It has 2 parking spaces (On Street).
The lot is 14,810.4 sqft (0.34 acres).
177 Mariners Way, Mayne Island was originally listed at $799,000, then reduced to $699,000 (12.5% reduction).
Mayne Island is currently a buyer's market: median sold price $637,000, 13.5 months of inventory, homes typically selling in about 96 days.
There are 18 houses for sale in Mayne Island right now. Browse all Mayne Island houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Mayne Island is $637,000, based on 27 sales over the past 12 months. The median price per square foot is $494. Compare asking prices across the houses currently for sale in Mayne Island.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 11, 2026.