150 Drake Rd, Salt Spring
GI Salt Spring · Single Family Residence · MLS® 1049669 · Listed Sep 14, 2026
Discover endless possibilities in this completely remodeled 4,900 sq. ft. character home, perfectly situated in town. Offering an impressive 8 bedrooms and 6 bathrooms, this versatile property is ideal for a multiple suite B&B (successfully run), extended family or a professional home office. Original old-world charm has been thoughtfully preserved, including bay windows, wood floors, crown molding, built-ins and other timeless details. Extensive updates bring modern comfort with upgraded electrical and plumbing throughout, new roof (2026) a heat pump for the upper levels, and radiant in-floor heating on the lower level. The 2009 basement level complements the two fully renovated upper floors, while the spectacular 1,100 sq. ft. concrete deck provides an outstanding setting for entertaining and enjoying the views. Adjacent to Mouat Park and just an easy stroll to all town amenities, this is a rare opportunity to own a substantial, character-filled property!
| Property Type | Single Family Residence |
| Bedrooms | 7 |
| Bathrooms | 7 |
| Interior | 4,891 sqft |
| Lot Size | 7,841 sqft (0.18 acres) |
| Lot Features | Cleared, Cul-De-Sac, Level, Rectangular Lot |
| Parking | 5 spaces (1 garage) |
| Year Built | 1930 |
| Fireplaces | 1 |
| Heating | Electric, Forced Air, Heat Pump, Radiant Floor, Wood |
| Basement | Finished, Walk-Out Access |
| Exterior | Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood |
| Roof | Wood |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Regional/Improvement District |
| Sewer | Sewer Connected, Sewer To Lot |
| Zoning | Residential |
| Taxes | $6,646.02 (2026) |
| Laundry | In House |
| MLS® # | 1049669 |
| Brokerage | Macdonald Realty Salt Spring Island |
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.
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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.
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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.
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Salt Spring Island single-family averages, updated daily. See Salt Spring Island market stats or Salt Spring market stats.
It is listed at $1,565,000.
A Single Family Residence in GI Salt Spring, Salt Spring with 7 bedrooms, 7 bathrooms, 4,891 sqft, built in 1930.
It has 4 parking spaces (Detached, Garage).
The lot is 7,841 sqft (0.18 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.
