1160 Cappon Lane
Gabriola Island, BC V0R1X7
$1,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5 acres
- Zoning
- Residential
R3
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,724.3
Interior
- Heating
- Baseboard heaters, Electric, Wood, Other
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 6
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Office | Second level | 12'10 x 16'6 |
| Entrance | Main level | 12'1 x 8'9 |
| Living room | Main level | 11'7 x 21'6 |
| Kitchen | Main level | 6'4 x 16'5 |
| Dining room | Main level | 11'11 x 16'10 |
| Family room | Main level | 15'1 x 16'10 |
| Bedroom | Main level | 13'4 x 16'8 |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 11'9 x 16'8 |
| Bathroom | Main level | 4-Piece |
| Laundry room | Main level | 7'2 x 6'5 |
| Primary Bedroom | Main level | 18'11 |
| Ensuite | Main level | 3-Piece |
| Utility room | Main level | 11'9 x 5'2 |
Listing Information
- MLS®
- 1033974
- Listed
- May 1, 2026
- Time on market
- On the market for 122 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Set on a high-bank waterfront 5-acre estate, this beautiful property offers complete privacy, sweeping ocean views, and a lifestyle that blends rural charm with coastal elegance. Gated and fully fenced, the property is thoughtfully laid out with approximately 40% forest providing a natural buffer, while the balance features open fields, a micro vineyard, and the residence—creating a picturesque and highly usable landscape. The 3-bedroom, 2-bathroom home is perfectly positioned to capture ocean, coastal mountain and sunset view – Just WOW! A newer septic system, reliable well, and three cisterns ensure excellent water security, while a 2-car garage and abundant additional parking provide convenience for vehicles, equipment, and guests. For those seeking a lifestyle property, the micro vineyard adds a unique and rewarding element, while the existing tennis court—ready for revitalization—offers future recreational potential. Whether you're entertaining, gardening, or simply enjoying the peaceful surroundings, this property delivers an unmatched sense of space and seclusion. A rare opportunity to own a completely private waterfront acreage with incredible views, usable land, and distinctive features—ideal as a full-time residence, recreational retreat, or legacy property. All measurements are considered approximate. Please verify if important. (id:63159)
Values & Trends
This listing
$572/sqft
Building average
—
No other active listings in this building
Gabriola Island average
$592/sqft
35 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Nanaimo
13°C
Partly Cloudy
Humidity 88%
Wind WSW 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Gabriola Elementary | Elementary | 7.6 km |
| Cedar Secondary | Secondary | 10.6 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 10.7 km |
| Cedar Elementary | Elementary | 11.2 km |
| Chase River Elementary | Elementary | 14.0 km |
| Fulford Community Elementary | Elementary | 14.3 km |
| Bayview Elementary | Elementary | 14.6 km |
| Cinnabar Valley Elementary | Elementary | 14.9 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.





