HomeMayne IslandMayne IslandMayne Island Commercial for Sale
$1,999,000

400 Fernhill Rd, Mayne Island

400 Fernhill Rd, Mayne Island

GI Mayne Island · Other · MLS® 1025045 · Listed Jan 29, 2026

1.77 Acres
Lot
1901
Built
Overview

About This Property

Springwater Lodge is an exquisite historical waterfront property nestled in the heart of Miners Bay on Mayne Island. Spanning 1.77 acres, this estate features a historic lodge with a restaurant and bar, complemented by two recently upgraded detached duplex cabins on the waterfront. Positioned mere steps from the Government dock accommodating float planes and boats, the property holds significant potential, allowing for the development of up to 26 accommodation units. Offering breathtaking views on this remarkable island, this opportunity is a must-see.

Property Details

Features & Details

Property TypeOther
Lot Size77,101.2 sqft (1.77 acres)
Lot FeaturesAcreage, Central Location, Marina Nearby, Private, Shopping Nearby
Year Built1901
HeatingBaseboard, Electric
ExteriorWood
FlooringLaminate, Tile
WaterWell: Drilled
SewerSeptic System
Taxes$28,496.58 (2025)
MLS® #1025045
BrokerageRE/MAX Westcoast
Location

Map

Neighbourhood

Neighbourhood Scores

Public record · MLS® record

Property History

For sale now at $1,999,000.

Listed (Active)MLS®
Jan 29, 2026 · 270 days on market
$1,999,000
Members-only MLS® event
Jan 2026
Members-only MLS® event
May 2025

No registered sales on file yet.

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Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.

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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 400 Fernhill Rd, Mayne Island actually sold for.

19 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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Similar Active Listings

Similar Properties

The local market right now

mayne island · all property types
Buyer’s market
$627,500
Median sold
8.4
Months of supply
107
Avg days to sell

Mayne Island all property types averages, updated daily. See Mayne Island market stats or Mayne Island market stats.

Questions about this property

How much is 400 Fernhill Rd, Mayne Island listed for?

It is listed at $1,999,000.

What kind of home is 400 Fernhill Rd, Mayne Island?

A Other in GI Mayne Island, Mayne Island with built in 1901.

How big is the lot at 400 Fernhill Rd, Mayne Island?

The lot is 77,101.2 sqft (1.77 acres).

What is the Mayne Island real estate market like now?

Mayne Island is currently a buyer's market: median sold price $627,500, 8.4 months of inventory, homes typically selling in about 107 days.

What other commercial properties are for sale in Mayne Island?

There are 14 commercial properties for sale in Mayne Island right now. Browse all Mayne Island commercial properties for sale to see current listings, updated daily from the MLS® system.

How much do commercial properties cost in Mayne Island?

The median commercial propertie sold price in Mayne Island is $627,500, based on 19 sales over the past 12 months. The median price per square foot is $533. Compare asking prices across the commercial properties currently for sale in Mayne Island.

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VREB · Victoria Real Estate Board

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Oct 26, 2026.

Parcel: LTSA ParcelMap BC (OGL-BC) · Streets: BC Road Atlas · © Mapbox © OSM ⓘ
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