879 Rainbow Rd, Salt Spring
GI Salt Spring · Single Family Residence · MLS® 983460 · Listed Dec 28, 2024
Own your own piece of heaven on beautiful Salt Spring Island! Admire the spectacular ocean view, and stunning sunsets. Groceries, restaurants and entertainment are found nearby in Ganges (7 minutes). Enjoy Salt Spring’s vibrant arts community. Hike the many trails in Mount Erskine Provincial Park which borders the property. Options are endless! 9 minutes from the Vesuvius ferry, the newly refurbished, open-concept carriage house sits on 21.66 acres of forested land and boasts floor-to-ceiling windows, a 40 x 10 ft. deck facing Vancouver Island. The 25 x 30 ft. garage/workshop can be used as is or converted to additional living space. Two 200-amp services and two ample wells (10gpm and 4gpm). Zoning permits subdivision into three lots, each with a main residence and cottage. Three fully serviced (water/hydro/septic) and three partially serviced RV/trailer sites provide immediate rental income opportunities. Contact your realtor and see what this unique property has to offer.
| Property Type | Single Family Residence |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Interior | 936 sqft |
| Lot Size | 943,510 sqft (21.66 acres) |
| Lot Features | Irregular Lot, Private |
| Parking | 4 spaces (2 garage) |
| Year Built | 2016 |
| Heating | Baseboard, Electric |
| Basement | None |
| Exterior | Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Flooring | Laminate |
| Water | Well: Drilled |
| Sewer | Septic System |
| Zoning | Rural |
| Taxes | $5,078 (2022) |
| Extras | Dryer, F/S/W/D, Refrigerator, Washer |
| MLS® # | 983460 |
| Brokerage | Pemberton Holmes - Salt Spring |
Similar properties sold within 6 months
Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.
It is listed at $1,195,000.
A Single Family Residence in GI Salt Spring, Salt Spring with 1 bedrooms, 1 bathrooms, 936 sqft, built in 2016.
It has 2 parking spaces.
The lot is 943,510 sqft (21.66 acres).
879 Rainbow Rd, Salt Spring was originally listed at $1,375,000, then reduced to $1,195,000 (13.1% reduction).
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.
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.
