490 Rainbow Rd

Single Family Residence For Sale in GI Salt Spring, Gulf Islands

$790,000
  • 1 Beds
  • 2 Baths
  • 1,257 Sq. Ft.
  • Built 1971
Level, sun-drenched 2.53-acre property offering a rare blend of privacy, productivity, and proximity to town. The property features a charming cottage and separate studio—ideal for guests, creative space, or extended family. Multiple fenced garden areas with raised beds invite a self-sufficient lifestyle, complemented by established fruit trees including plum, fig, and mature grape vines. A peaceful forested backdrop with a year-round creek provides a licensed water source, enhanced by a new pump, pump house, water treatment system, and updated lines (2023). Gently usable land with excellent sun exposure in a quiet setting just minutes to Ganges. An exceptional opportunity to enjoy the Salt Spring Island lifestyle.
Address
490 Rainbow Rd
List Price
$790,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Gulf Islands
Sub-Area
GI Salt Spring
Bedrooms
1
Bathrooms
2
Floor Area
1,257 Sq. Ft.
Lot Size
110206.8 Sq. Ft.
Lot Size (Acres)
2.53 Ac.
Year Built
1971
MLS® Number
1033701
Listing Brokerage
eXp Realty
Basement Area
None
Postal Code
V8K 2M5
Tax Amount
$2,669.00
Tax Year
2025
Features
Baseboard, Stained/Leaded Glass, Wood

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Chris Carter

Royal LePage Nanaimo Realty

Mobile: 250-797-4264

Office: 250-797-4264

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4200 Island Highway N Nanaimo BC V9T 1W6