261 Mobrae Ave, Salt Spring
GI Salt Spring · Single Family Residence · MLS® 1040230 · Listed Jun 11, 2026
Feelings of peace and relaxation wash over you the moment you arrive at this beautifully maintained Salt Spring Island property. Lovingly improved and meticulously cared for, it offers the perfect balance of comfort, character, and opportunity to make it your own. Perched in one of the island’s most sought-after neighbourhoods, this .86-acre property enjoys spectacular sunset views over the Salish Sea and vistas of St. Mary Lake, distant fields, and coastal mountains. Surrounded by mature trees and abundant wildlife, the setting is both private and serene. The fully fenced backyard is designed for enjoyment and easy maintenance, featuring irrigated garden beds, a powered garden shed, woodshed, fire pit, brick patio, and a custom wood-fired cedar sauna built in 2025. The remaining grounds offer open lawn, wildflowers, mature timber, and a large level area ideal for a future shop, greenhouse, or studio.
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 1,590 sqft |
| Lot Size | 37,462 sqft (0.86 acres) |
| Lot Features | Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Landscaped, Level, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Rural Setting, Serviced, Shopping Nearby, Square Lot, In Wooded Area |
| Parking | 20 spaces |
| Year Built | 1975 |
| Fireplaces | 1 |
| Heating | Baseboard, Heat Pump, Hot Water, Wood |
| Basement | Crawl Space |
| Exterior | Brick, Concrete, Frame Wood, Glass, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood |
| Roof | Metal |
| Foundation | Concrete Perimeter, Slab |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Septic System |
| Zoning | Rural |
| Taxes | $3,854 (2026) |
| Extras | Dishwasher, Dryer, Freezer, Oven/Range Electric, Range Hood, Refrigerator, Washer |
| MLS® # | 1040230 |
| Brokerage | Easy List Realty |
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Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.
It is listed at $1,295,000.
A Single Family Residence in GI Salt Spring, Salt Spring with 3 bedrooms, 2 bathrooms, 1,590 sqft, built in 1975.
It has 20 parking spaces.
The lot is 37,462 sqft (0.86 acres).
Salt Spring is currently a buyer's market: median sold price $1,050,000, 7.4 months of inventory, homes typically selling in about 84 days.
There are 108 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.
The median house sold price in Salt Spring Island is $1,050,000, based on 251 sales over the past 12 months. The median price per square foot is $627. Compare asking prices across the houses currently for sale in Salt Spring 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: Aug 8, 2026.