123 Smith Rd, Salt Spring
Musgrave Ocean Estates · Single Family Residence · MLS® 1032734 · Listed Apr 18, 2026
Salt Spring Island waterfront home for sale in coveted Musgrave Landing—an architecturally striking timber-frame residence on a private 0.5-acre oceanfront lot with a private dock and access to deep-water moorage. Offering approximately 5,264 sq ft over three levels, this road-accessible Gulf Islands retreat blends West Coast craftsmanship with modern luxury. The main home features 3 bedrooms plus a flexible full studio guest accommodation, 4 full bathrooms and 2 powder rooms, generous indoor–outdoor living, and an oversized two-car garage - 596 sq ft. Thoughtful extras include a fully equipped woodworking shop, dedicated cold storage, and a year-round golf simulator—all ideal for work, hobbies, and entertaining. Set within a well-managed Bare Land Strata, owners enjoy amenities rarely found on Salt Spring: a large community dock with deep-water moorage, plus a tennis/pickleball court and shared green spaces.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 6 |
| Interior | 4,864 sqft |
| Lot Size | 21,344.4 sqft (0.49 acres) |
| Lot Features | Acreage, Dock/Moorage, Family-Oriented Neighbourhood, Marina Nearby, Private, Quiet Area, Recreation Nearby, Rural Setting, Sloped, Southern Exposure, Walk on Waterfront, In Wooded Area |
| Parking | 9 spaces (3 garage) |
| Year Built | 2013 |
| Fireplaces | 2 |
| Heating | Baseboard, Heat Pump, Hot Water, Radiant Floor |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Cement Fibre, Concrete, Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood, See Remarks |
| Roof | Metal |
| Foundation | Concrete Perimeter, Slab |
| Flooring | Carpet, Concrete, Cork |
| Water | Well: Drilled |
| Sewer | Holding Tank, Septic System |
| Zoning | Residential |
| Taxes | $7,166 (2025) |
| Strata Fee | $168/mo |
| Pets | Aquariums, Birds, Cats OK, Dogs OK, Number Limit |
| Building Stories | 2 |
| Parking Type | Additional Parking, Driveway, Garage, Garage Double, Guest, RV Access/Parking |
| Laundry | In Unit |
| Extras | Built-In Range, Dishwasher, Dryer, Freezer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer, Water Filters |
| MLS® # | 1032734 |
| Brokerage | Easy List Realty |
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It is listed at $2,195,000.
A Single Family Residence in Musgrave Ocean Estates, Salt Spring with 4 bedrooms, 6 bathrooms, 4,864 sqft, built in 2013.
It has 6 parking spaces (Additional Parking, Driveway, Garage, Garage Double, Guest, RV Access/Parking).
Yes. Laundry is in the unit.
The lot is 21,344.4 sqft (0.49 acres).
123 Smith Rd, Salt Spring was originally listed at $2,395,000, then reduced to $2,195,000 (8.4% reduction).
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 17, 2026.
