1172 Musgrave Road, Salt Spring Salt Spring
Price
$1,699,000
Bedrooms2 Beds
Bathrooms1 Baths
Size1308 sqft
Year Built2023
Property TypeDetached Home
Property Taxes$4,617.14
Description
Discover a once-in-a-lifetime opportunity to become the next steward of this extraordinary 155-acre forested sanctuary on Salt Spring Island. Panoramic ocean and mountain views, pristine natural beauty, and absolute privacy define this magical property. Perched to capture the vistas is a beautifully crafted Hewing Haus—a 600 sq ft modern cottage featuring two cozy bedrooms, a gas fireplace, and floor-to-ceiling glass that connects you to nature. A matching 108 sq ft Hewing Haus studio offers flexible space for guests, creative pursuits, or quiet retreat. The true opportunity lies ahead: zoning still allows for a full-size principal residence, giving you the freedom to design and build your dream home while keeping the existing dwellings as guest cottages, income suites, or studio spaces. With four productive wells, two septic systems, BC Hydro connection, and a backup generator already in place, much of the critical infrastructure is complete—saving you time, effort, and cost. This property is ideal for a private estate, sustainable homestead, or generational legacy. Opportunities like this are exceedingly rare—and this one is priced to sell. Come experience the serenity, space, and limitless potential of 1172 Musgrave Road. (id:39198)
Listed By
The listing brokerage and/or agent is Macdonald Realty Salt Spring Island
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$6,489 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,359,200
Total Interest Payments
$838,030
Total Payment (Principal + Interest)
$2,197,230
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.