150 Skywater Lane
Salt Spring, BC V8K2W9
$1,150,000
Property Details
Property & Lot
- Lot size
- 8.35 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Strata
- Strata / maintenance fee
- $275/mo
- Annual property tax
- $3,728.1
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view, Valley view
Parking
- Total spaces
- 10
Listing Information
- MLS®
- 1023228
- Listed
- January 14, 2026
- Time on market
- On the market for 230 days
- Data last synced
- August 28, 2026
Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.
Description
Perched high above the sea, this extraordinary 8+ acre ocean view parcel offers a front row seat to one of the area's most captivating panoramas. Gaze out across the water toward neighbouring Gulf Islands, the US San Juans, and the iconic Mount Baker - an ever changing canvas of light, weather and colour. The land itself is private, expansive, and provides multiple building sites that maximize views while preserving a sense of seclusion and scale. Zoning allows for a main residence, a separate cottage and accessory buildings. Build your dream estate here and let your Island life begin! (id:63159)
Location Insights
Weather
Nearest station: Duncan
13°C
—
Humidity 92%
Wind SSW calm 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 |
|---|---|---|
| Deep Cove Elementary | Elementary | 7.3 km |
| Parkland Secondary | Secondary | 9.1 km |
| North Saanich Middle School | Middle | 9.7 km |
| Bench Elementary | Elementary | 9.7 km |
| Ecole Cobble Hill Elementary | Elementary | 10.1 km |
| George Bonner Elementary | Elementary | 10.7 km |
| Evergreen Independent School(Independent) | Elementary | 11.1 km |
| Sidney Elementary | Elementary | 11.5 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: Gulf Islands (SD64)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($90,000) — 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.