506 Arbutus Dr, Mayne Island
GI Mayne Island · Single Family Residence · MLS® 1028851 · Listed Apr 16, 2026
Discover your perfect getaway with this 1 level waterfront cabin on Mayne Island, offering breathtaking views of beautiful Bennett Bay. This cozy 844 s/f home features 2 bedrooms and 1 bathroom, perfect for relaxing after a day of exploration on the beautiful nearby beaches within walking distance. Take in the serene vistas and the soothing sounds of nature with a deck close to the cliff side. The deck attached to the home will need to replaced to enhance your outdoor living space and fully enjoy the stunning waterfront setting. Whether you seek a year-round residence or a seasonal cottage, this hidden gem offers a peaceful oasis. If you are looking for an investment, this property is currently tenanted with an established tenant who would love to stay! Embrace island living and make this delightful cabin your own!
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 844 sqft |
| Lot Size | 12,196.8 sqft (0.28 acres) |
| Lot Features | Easy Access, Southern Exposure |
| Parking | 2 spaces |
| Year Built | 1977 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Basement | Crawl Space |
| Exterior | Frame Wood, Wood |
| Roof | Asphalt Shingle |
| Foundation | Pillar/Post/Pier, Concrete Perimeter |
| Flooring | Carpet, Linoleum |
| Water | Regional/Improvement District |
| Sewer | Septic System |
| Zoning | Residential |
| Taxes | $3,228.74 (2025) |
| Extras | Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1028851 |
| 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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Similar properties sold within 6 months
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.
free account · one email · no obligation · already a member? log in
Mayne Island single-family averages, updated daily. See Mayne Island market stats or Mayne Island market stats.
It is listed at $825,000.
A Single Family Residence in GI Mayne Island, Mayne Island with 2 bedrooms, 1 bathrooms, 844 sqft, built in 1977.
It has 2 parking spaces (Driveway, Open).
The lot is 12,196.8 sqft (0.28 acres).
506 Arbutus Dr, Mayne Island was originally listed at $848,000, then reduced to $825,000 (2.7% 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.
