HomeSalt SpringGI Salt Spring
$1,775,000

378 Rainbow Rd, Salt Spring

378 Rainbow Rd, Salt Spring

GI Salt Spring · Single Family Residence · MLS® 1041854 · Listed Jun 29, 2026

2
Beds
1
Bath
923
Sqft
19.72 Acres
Lot
15
Parking
1990
Built
Overview

About This Property

Rare, and like no other property on Salt Spring Island, is where you will discover dreams come true of owning approx. 20 acres of sun soaked farmable land & walking distance to Ganges. The land has been thoughtfully planned out & their labor of love is self-evident. Revenue producing property for tradesmen and artisans; can start operating your business in this impressive spacious covered shop with storage & parking for equipment. Newly installed greenhouses with power allow you to have vegetables all year round. Regenerative Farming practices implemented with moveable fencing to allow cattle to graze throughout numerous pastures. Fenced corral and squeeze area for various livestock. Rain Water Harvesting system intelligently designed to take advantage of the rainy seasons & the added bonus of having Okano/Aske Creek run through the property & water license. Rental pads for farming help which adds additional supplemental income. Self sufficient lifestyle starts at 378 Rainbow Road.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms2
Bathrooms1
Interior923 sqft
Lot Size859,003.2 sqft (19.72 acres)
Lot FeaturesAcreage, Easy Access, Marina Nearby, Near Golf Course, Pasture, Private, Recreation Nearby, In Wooded Area
Parking15 spaces
Year Built1990
Fireplaces1
HeatingBaseboard, Wood
BasementCrawl Space
ExteriorWood
RoofMetal
FoundationConcrete Perimeter
FlooringHardwood
WaterWell: Shallow
SewerSeptic System
ZoningAgricultural
Taxes$1,213.77 (2025)
ExtrasDryer, Refrigerator, Washer, Water Filters
MLS® #1041854
BrokerageeXp Realty
Location

Map

Neighbourhood

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Property Insights

History & Activity

  • ListedMay 2, 2026MLS® 1033584$1,850,000
Sold Comparables

Recently Sold Nearby

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The local market right now

salt spring island · single-family
$1,044,250
Median Sold
7.6
Months of Supply
84
Avg Days to Sell
Buyer'S
Market

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 378 Rainbow Rd, Salt Spring listed for?

It is listed at $1,775,000.

What kind of home is 378 Rainbow Rd, Salt Spring?

A Single Family Residence in GI Salt Spring, Salt Spring with 2 bedrooms, 1 bathrooms, 923 sqft, built in 1990.

Does 378 Rainbow Rd, Salt Spring have parking?

It has 15 parking spaces.

How big is the lot at 378 Rainbow Rd, Salt Spring?

The lot is 859,003.2 sqft (19.72 acres).

What is the Salt Spring real estate market like now?

Salt Spring is currently a buyer's market: median sold price $1,044,250, 7.6 months of inventory, homes typically selling in about 84 days.

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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: Jul 27, 2026.