378 Rainbow Rd, Salt Spring
GI Salt Spring · Single Family Residence · MLS® 1041854 · Listed Jun 29, 2026
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 Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 923 sqft |
| Lot Size | 859,003.2 sqft (19.72 acres) |
| Lot Features | Acreage, Easy Access, Marina Nearby, Near Golf Course, Pasture, Private, Recreation Nearby, In Wooded Area |
| Parking | 15 spaces |
| Year Built | 1990 |
| Fireplaces | 1 |
| Heating | Baseboard, Wood |
| Basement | Crawl Space |
| Exterior | Wood |
| Roof | Metal |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood |
| Water | Well: Shallow |
| Sewer | Septic System |
| Zoning | Agricultural |
| Taxes | $1,213.77 (2025) |
| Laundry | In Unit |
| Extras | Dryer, Refrigerator, Washer, Water Filters |
| MLS® # | 1041854 |
| Brokerage | eXp Realty |
109 homes sold in Salt Spring 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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109 homes sold in Salt Spring Island in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
Similar properties sold within 6 months
109 sales in Salt Spring 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
109 sales in Salt Spring 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
Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.
It is listed at $1,775,000.
A Single Family Residence in GI Salt Spring, Salt Spring with 2 bedrooms, 1 bathrooms, 923 sqft, built in 1990.
It has 15 parking spaces (Carport, Driveway, Open, RV Access/Parking).
The lot is 859,003.2 sqft (19.72 acres).
Salt Spring is currently a buyer's market: median sold price $1,053,500, 9 months of inventory, homes typically selling in about 88 days.
There are 99 houses for sale in Salt Spring Island right now. Browse all Salt Spring Island houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Salt Spring Island is $1,053,500, based on 109 sales over the past 12 months. The median price per square foot is $636. Compare asking prices across the houses currently for sale in Salt Spring Island.
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.
