1172 Musgrave Rd, Salt Spring

Studio - 1172 Musgrave Rd, Salt Spring, BC V8K1V5 Photo 1

22 Photos

1172 Musgrave Rd, Salt Spring, BC V8K1V5 Photo 2
1172 Musgrave Rd, Salt Spring, BC V8K1V5 Photo 3
1172 Musgrave Rd, Salt Spring, BC V8K1V5 Photo 4
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1172 Musgrave Rd, Salt Spring, BC V8K1V5 Photo 7
  • Living area: 1308 square feet
  • MLS®: 967411
  • Type: Residential
  • Added: 12 days ago

Property Details

Nestled on the serene and picturesque Salt Spring Island, this expansive 155-acre property at 1172 Musgrave Rd offers a unique blend of natural beauty and modern amenities. Boasting breathtaking ocean views, this estate is a haven for those seeking peace, privacy, and the perfect canvas to build their dream home. Spread across 155 acres, this property offers unparalleled privacy and an array of opportunities for development, agriculture, or conservation. With 4 wells and an abundance of fresh mountain water, the estate ensures a plentiful supply for any agricultural projects or personal use. Experience stunning views of the ocean, providing a tranquil backdrop for your dream home or a weekend getaway. Fully connected to BC Hydro, ensuring reliable electricity. Two septic fields are already in place, making this property ready for further development or immediate occupancy. Both your generator backup and your gas fireplace will ensure you are always comfortable. Includes a cozy 600 square foot two-bedroom cottage and a charming 108 square foot studio, both ready to move in built by Hewing Haus. These structures offer immediate living space while you plan and build your custom residence. Salt Spring Island is known for its vibrant community, artisan markets, and natural beauty. Enjoy the island's hiking trails, local wineries, and the peaceful lifestyle it offers. This property is not just a piece of land; it's a gateway to creating a lifestyle in harmony with nature, combined with the convenience of modern infrastructure. Whether you dream of a bespoke luxury home overlooking the ocean, a self-sufficient homestead, or a private retreat, 1172 Musgrave Rd offers the foundation to bring your vision to life, Ideal for discerning buyers looking for space, beauty, and the potential to create something truly special. For more information and to schedule a viewing, please give me a call. Experience the beauty and potential of this Salt Spring Island gem for yourself. (id:1945)

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Property Information

  • View: City view, Mountain view, Ocean view, Valley view
  • Zoning: Residential
  • Cooling: Air Conditioned
  • Heating: Heat Pump, Propane
  • List AOR: Victoria
  • Year Built: 2023
  • Living Area: 1308
  • Lot Features: Acreage, Park setting, Private setting, Irregular lot size, Other
  • Photos Count: 22
  • Lot Size Units: acres
  • Parcel Number: 009-743-472
  • Parking Total: 4
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 1
  • Parking Features: Stall
  • Tax Annual Amount: 3761.96
  • Lot Size Dimensions: 155
  • Above Grade Finished Area: 600
  • Map Coordinate Verified YN: true
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
Studio Other
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Nearby Places

Name Type Address Distance
Burgoyne Bay Provincial Park It is 334 hectares in size and was established via... 3.3 km
Cowichan Indian Reserve No. 1 1 is an Indian reserve in British Columbia, locate... 3.6 km
Burgoyne Bay The shores of the bay are part of the Mount Maxwel... 4.8 km
Cowichan Bay The mouth of the Cowichan River is near Cowichan B... 5.4 km
Mount Maxwell Provincial Park It is located on Burgoyne Bay and the Sansum Narro... 5.4 km
Sansum Narrows It is crossed by a BC Ferries route from Crofton (... 5.6 km
Cherry Point Estate Wines Food 840 Cherry Point Rd 5.6 km
Fulford Harbour Fulford Harbour is the site of a BC Ferries termin... 5.8 km
Rock Salt Restaurant and Cafe Restaurant 2921 Fulford Ganges Rd 5.9 km
Mount Tzouhalem It is situated between Quamichan Lake, Maple Bay a... 6.8 km
The Masthead Restaurant Restaurant 1705 Cowichan Bay Rd 6.9 km
Cowichan Bay Seafood Restaurant 1751 Cowichan Bay Rd 7.0 km
Similar Houses Stat in Salt Spring
We have found 6 Houses that closely match the specifications of the property located at 1172 Musgrave Rd with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,799,900 and 3,995,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V8K1V5 postal code area of Salt Spring British Columbia Canada.
1172 Musgrave Rd mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1172 Musgrave Rd. The current price of the property is $2,975,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,380,000. This would result in a monthly mortgage payment of $13,912 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 135
Bachelor's degree 350
University / Above bachelor level 20
University / Below bachelor level 40
Certificate of Qualification 85
College 310
Degree in medicine 15
University degree at bachelor level or above 550

Neighbourhood Marital Status Stat

Married 1150
Widowed 105
Divorced 255
Separated 75
Never married 610
Living common law 360
Married or living common law 1510
Not married and not living common law 1045

Neighbourhood Construction Date

1961 to 1980 385
1981 to 1990 315
1991 to 2000 225
2001 to 2005 75
2006 to 2010 95
1960 or before 155
Comparison of 1172 Musgrave Rd, Salt Spring, BC with Nearby Houses
Nearby Cities Listings Avg. price
Ladysmith Homes for Sale 126 $970.092
Cobble Hill Homes for Sale 58 $1.283.872
North Saanich Homes for Sale 61 $2.020.090
Chemainus Homes for Sale 61 $926.301
Duncan Homes for Sale 258 $998.248
Shawnigan Lake Homes for Sale 56 $1.187.057
Central Saanich Homes for Sale 96 $1.802.626
Saanich Homes for Sale 313 $1.439.723
Popular Cities Listings Avg. price
Langford Homes for Sale 427 $1.051.135
Vancouver Homes for Sale 3263 $2.102.186
Victoria Homes for Sale 482 $934.475
Nanaimo Homes for Sale 858 $923.492
New Westminster Homes for Sale 308 $1.416.253
West Vancouver Homes for Sale 376 $4.470.420
Surrey Homes for Sale 3011 $1.620.326
Burnaby Homes for Sale 1004 $1.303.763