Property Type: Detached HouseOwnership: Freehold

Lot 3 & 4 SHARPES BAY ROAD

Powell River, BC V0N2G0

$8,975,000

5 bed5 bath5,102 sqftBuilt 2018
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Property Details

Property & Lot

Sub-type
House
Lot size
4.94 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,289

Interior

Heating
Other
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean
Pool
Pool

Parking

Features
Garage, Carport

Room Dimensions

RoomLevelDimensions
FoyerMain level
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level
BedroomMain level
BedroomMain level
OtherMain level
BedroomMain level
Family roomMain level
KitchenMain level
FoyerMain level
BedroomMain level
OtherMain level

Listing Information

MLS®
19543
Listed
December 17, 2025
Time on market
On the market for 257 days
Data last synced
August 28, 2026

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

Description

The Monaco of BC - Desolation Sound. Welcome to Sharpes Bay, an exclusive oceanfront opportunity in one of the most spectacular coastal settings in British Columbia. This rare offering includes Lots 3 & 4, developed by the founder of Sharpes Bay with meticulous attention to detail, quality, and harmony with nature. The southwest-facing property offers panoramic views, abundant wildlife, and complete privacy, yet it's only 45 minutes from Powell River. Owners enjoy access to a private marina with moorage for vessels up to 90 ft, plus a suite of luxury amenities including tennis courts, and a stunning community clubhouse for unforgettable gatherings. Whether you're hosting family and friends or seeking peaceful solitude, Sharpes Bay offers the perfect balance of social connection and a wild escape. A dream retreat for ocean lovers, boaters, and those who value an extraordinary coastal lifestyle. (id:63159)

Values & Trends

This listing

$1,759/sqft

Building average

No other active listings in this building

Powell River average

$426/sqft

129 active listing(s)

Parking: Not indicatedStorage 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

Mostly Cloudy

13°C

Mostly Cloudy

Humidity 100%

Wind ESE 6 km/h

Tonight

12°

Tuesday

21°

Tuesday night

15°

Wednesday

17°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

13,943

(2021 Census)

+6% since 2016

Density: 482.3/km²

Dwellings: 6,718

Median household income: $67,000

After-tax: $61,200

Immigrant population: 12.8%

Top countries of origin (% of total population)

  • United Kingdom3.7% · 520
  • United States of America1.3% · 180
  • Italy0.9% · 120
  • Germany0.8% · 110
  • Netherlands0.6% · 80
  • Philippines0.5% · 75
  • China0.4% · 55
  • India0.4% · 50

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Cortes Island SchoolElementary12.2 km
James Thomson ElementaryElementary24.1 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,795,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,180,000.00
Periodic payment — Principal & Interest (monthly)$46,322.92
Additional monthly expenses (strata, tax, utilities, etc.)$445.75
Total monthly cost$46,768.67
Interest paid over 5-yr term$2,057,808.64
Balance at end of term$6,458,433.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,795,000
Stress test qualifying rate8.09%
Payment you must qualify for$55,211.69

Cash Needed at Closing

Minimum down payment$1,795,000
Estimated BC PTT$366,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,163,250

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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