177 Maracaibo Lane
Salt Spring, BC V8K1S6
$1,695,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,371 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $418/mo
- Annual property tax
- $6,299
Interior
- Heating
- Baseboard heaters, Other
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Stall
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Den | Main level | — |
| Storage | Lower level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Kitchen | Main level | — |
| Laundry room | Main level | — |
| Bedroom | Main level | — |
| Primary Bedroom | Main level | — |
| Bathroom | Main level | — |
| Bathroom | Main level | — |
Listing Information
- MLS®
- 1044876
- Listed
- August 2, 2026
- Time on market
- On the market for 30 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
Stunning oceanfront residence showcasing refined West Coast design and quality craftsmanship. This custom-built 2-bedroom, 2-bathroom plus den home is truly turnkey, offering approximately 1,600 square feet of thoughtfully designed living space. An open-concept layout with vaulted ceilings, exposed wood beams, and custom millwork creates warmth and flow, while large windows fill the home with natural light and connect it to the surrounding coastal setting and wildlife. The kitchen features custom cabinetry, a generous island with seating, and stainless steel appliances, seamlessly connecting to the dining and living areas—ideal for everyday living and entertaining. Located in the private, community of Maracaibo Estates, owners enjoy access to a marina, swimming lagoon, clubhouse, guest cottages, tennis and pickleball courts, and scenic walking trails. A rare opportunity to own an oceanfront home in a tranquil, amenity-rich setting. Maracaibo share sold separately. (id:63159)
Values & Trends
This listing
$1,049/sqft
Building average
—
No other active listings in this building
Maracaibo average
—
No comparable active listings
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: Duncan
15°C
—
Humidity 82%
Wind NNW 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 |
|---|---|---|
| Salt Spring Elementary | Elementary | 3.3 km |
| Gulf Islands Secondary | Secondary | 3.6 km |
| Phoenix Place | Secondary | 3.7 km |
| Fernwood Elementary | Elementary | 7.9 km |
| Galiano Community School | Elementary | 9.5 km |
| Mayne Island School | Elementary | 13.0 km |
| Crofton Elementary Community School | Elementary | 13.6 km |
| Maple Bay Elementary | Elementary | 15.0 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)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($339,000) — 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.