Property Type: Detached HouseOwnership: Freehold

250 Holmes Rd

Salt Spring, BC V8K1T6

$4,980,000

4 bed5 bath4 parking6,409 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Lot size
7.42 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$19,479.59

Interior

Heating
Forced air, Propane, Wood
Cooling / A/C
See Remarks
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
EnsuiteSecond level4-Piece
BedroomSecond level15'5 x 31'3
EnsuiteSecond level4-Piece
Primary BedroomSecond level20'10 x 24'10
PatioMain level6'2 x 42'7
PatioMain level14'6 x 16'2
PatioMain level10'6 x 18'9
EnsuiteMain level5-Piece
BedroomMain level19'9 x 18'9
Laundry roomMain level9'4 x 13'0
LibraryMain level12'5 x 11'0
OfficeMain level12'0 x 9'7
OfficeMain level6'9 x 9'5
BathroomMain level2-Piece
EnsuiteMain level4-Piece
BedroomMain level15'6 x 15'5
Family roomMain level15'6 x 19'5
PantryMain level8'11 x 5'10
Dining roomMain level12'5 x 20'4
KitchenMain level24'5 x 17'4
Living roomMain level21'2 x 24'6
EntranceMain level9'11 x 12'8

Listing Information

MLS®
1029245
Listed
March 31, 2026
Time on market
On the market for 153 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Embrace the unparalleled lifestyle of BrightWoods Estate, a 7.48-acre oceanfront sanctuary on Salt Spring Island where nature and architecture exist in perfect harmony. This 6,409 sq ft timber-frame masterpiece, meticulously crafted by Robert Langevin, captures the soulful essence of West Coast living. Wake to golden sunrises over Puget Sound and Mt. Baker, framed by towering Grand Firs and ancient Arbutus trees. The interior is a study in refined comfort, blending reclaimed wide-plank Douglas Fir and Japanese-inspired elements with modern sophistication. At the heart of the home, a newly transformed chef’s kitchen shines with elegant marble counters, premium appliances, and custom vertical-grain cabinetry. Each of the four spacious bedrooms serves as a private retreat, complete with its own walk-in closet and a beautifully updated ensuite bathroom featuring granite and designer finishes. Step outside to explore curated Japanese gardens, a tranquil gazebo, and a peaceful spring-fed pond, or wander private trails through your own old-growth forest. For the ocean adventurer, a state-of-the-art private deep-water dock and boat ramp provide immediate access to the sparkling Gulf Islands, where you can explore hidden coves and witness resident orcas in their natural habitat. This is a rare, turnkey legacy property, offered fully furnished with high-quality pieces from premium manufacturers. Superior modern infrastructure ensures year-round peace of mind, featuring a commercial-grade standby generator, high-efficiency climate control, and a designer wood-burning fireplace with a Venetian plaster hearth that radiates warmth throughout. BrightWoods Estate is more than a home; it is an invitation to a lifestyle of serene luxury, privacy, and coastal adventure. Your private island escape is ready for your arrival. Contact us today to experience this extraordinary estate in person. (id:63159)

Values & Trends

This listing

$777/sqft

Building average

No other active listings in this building

Salt Spring average

$760/sqft

81 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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

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

SchoolTypeDistance
Deep Cove ElementaryElementary6.6 km
Parkland SecondarySecondary7.4 km
North Saanich Middle SchoolMiddle7.9 km
Sidney ElementaryElementary9.5 km
Pender Islands Elem-SecondaryElementary/Middle12.2 km
ḰELSET ElementaryElementary12.3 km
George Bonner ElementaryElementary12.7 km
Ecole Cobble Hill ElementaryElementary12.9 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: Gulf Islands (SD64)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($996,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,984,000.00
Periodic payment — Principal & Interest (monthly)$25,703.42
Additional monthly expenses (strata, tax, utilities, etc.)$1,943.30
Total monthly cost$27,646.72
Interest paid over 5-yr term$1,141,825.85
Balance at end of term$3,583,620.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$996,000
Stress test qualifying rate8.09%
Payment you must qualify for$30,635.57

Cash Needed at Closing

Minimum down payment$996,000
Estimated BC PTT$167,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,164,500

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.

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