2902 ARBUTUS LANE
Savary Island, BC V0N2G0
$899,999
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 20,909 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,269
Interior
- Heating
- Wood, Other
- Cooling / A/C
- None
- Fireplace
- Yes (1)
- Fireplace type
- Wood, Woodstove
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 1 — covered indicated
- Features
- Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Basement | — |
| Foyer | Main level | — |
| Living room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Above | — |
| 3pc Bathroom | Main level | — |
| 4pc Bathroom | Above | — |
| Workshop | Basement | — |
| Workshop | Basement | — |
| Bedroom | Main level | — |
| Bedroom | Above | — |
Listing Information
- MLS®
- 20051
- Listed
- July 8, 2026
- Time on market
- On the market for 55 days
- Data last synced
- August 28, 2026
Listing provided by: ROYAL LEPAGE POWELL RIVER · Data source: CREA DDF.
Description
Welcome to Seahorse Ranch, an exceptional waterfront retreat in the sought-after Savary Shores community on Savary Island. This beautifully crafted 3-bedroom, 2-bathroom home offers panoramic ocean views, a bright open-concept design, and abundant natural light throughout. Features include an unfinished basement ready for your ideas, an attached garage, and an efficient solar power system for comfortable off-grid living. Enjoy breathtaking sunsets from the expansive entertaining deck or the private waterfront viewing deck. Ideally located just a short walk to South Beach, the Patricia Beach stairs, and the Savary Island General Store. Seahorse Ranch also offers excellent vacation rental potential, providing an opportunity to offset ownership costs while enjoying one of British Columbia's most desirable island destinations. Rarely do waterfront properties in Savary Shores become available. Reach out to book your private viewing today! (id:63159)
Values & Trends
This listing
$406/sqft
Building average
—
No other active listings in this building
Savary Island average
$640/sqft
20 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: Powell River
14°C
Mostly Cloudy
Humidity 100%
Wind NE 3 km/h
Tonight
12°
Tuesday
21°
Tuesday night
15°
Wednesday
17°
Wednesday night
12°
Thursday
17°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| James Thomson Elementary | Elementary | 16.5 km |
| Henderson Elementary | Elementary | 18.8 km |
| Secondaire Brooks | Secondary | 19.0 km |
| Brooks Secondary | Elementary | 19.0 km |
| Cortes Island School | Elementary | 19.9 km |
| Cote-du-Soleil | Elementary/Middle | 21.8 km |
| Edgehill Elementary | Elementary | 21.8 km |
| Assumption School(Independent) | Elementary | 22.3 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: Powell RIver (SD47)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($65,000) — 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.





