HomeSalt SpringGI Salt SpringHouses for Sale
$1,225,0003.9%
was $1,275,000 · reduced $50,000

250 South Bank Dr, Salt Spring

250 South Bank Dr, Salt Spring

GI Salt Spring · Single Family Residence · MLS® 1023692 · Listed Feb 1, 2026

3
Beds
3
Baths
3,750
Sqft
1.56 Acres
Lot
6
Parking
1982
Built
Overview

About This Property

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!

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms3
Bathrooms3
Interior3,750 sqft
Lot Size67,953 sqft (1.56 acres)
Lot FeaturesCleared, Easy Access, Irregular Lot, Irrigation Sprinkler(s), Landscaped, Near Golf Course, No Through Road, Private, Rocky, Sloped, Southern Exposure
Parking6 spaces (2 garage)
Year Built1982
Fireplaces2
HeatingBaseboard, Electric, Wood
BasementFull, Other
ExteriorFrame Wood, Steel and Concrete, Wood
RoofFibreglass Shingle
FoundationConcrete Perimeter
FlooringCarpet, Laminate, Linoleum
WaterMunicipal
SewerSeptic System
ZoningResidential
Taxes$5,700 (2025)
ExtrasDryer, F/S/W/D, Refrigerator, Washer
MLS® #1023692
BrokeragePemberton Holmes - Salt Spring
Location

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Property Insights

History & Activity

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area sold data

What are homes in Salt Spring Island selling for?

252 homes sold in Salt Spring 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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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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sold comparables

See what comparable homes near 250 South Bank Dr, Salt Spring actually sold for.

252 sales in Salt Spring 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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The local market right now

salt spring island · single-family
Buyer’s market
$1,061,500
Median sold
7.4
Months of supply
85
Avg days to sell

Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.

Questions about this property

How much is 250 South Bank Dr, Salt Spring listed for?

It is listed at $1,225,000.

What kind of home is 250 South Bank Dr, Salt Spring?

A Single Family Residence in GI Salt Spring, Salt Spring with 3 bedrooms, 3 bathrooms, 3,750 sqft, built in 1982.

Does 250 South Bank Dr, Salt Spring have parking?

It has 4 parking spaces (Driveway, Garage Double).

How big is the lot at 250 South Bank Dr, Salt Spring?

The lot is 67,953 sqft (1.56 acres).

Did the price of 250 South Bank Dr, Salt Spring change?

250 South Bank Dr, Salt Spring was originally listed at $1,275,000, then reduced to $1,225,000 (3.9% reduction).

What is the Salt Spring real estate market like now?

Salt Spring is currently a buyer's market: median sold price $1,061,500, 7.4 months of inventory, homes typically selling in about 85 days.

What other houses are for sale in Salt Spring Island?

There are 103 houses for sale in Salt Spring Island right now. Browse all Salt Spring Island houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Salt Spring Island?

The median house sold price in Salt Spring Island is $1,061,500, based on 252 sales over the past 12 months. The median price per square foot is $634. Compare asking prices across the houses currently for sale in Salt Spring Island.

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VREB · Victoria Real Estate Board

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.