Call Your Quadra Island Real Estate Specialist

New Listings SL 1 and SL 2 129 Joyce Rd Quadra Island

Strata Lot 1 (MLS 878306) $642,000 : 4.9 acre highbank oceanfront lot, offering a private, peaceful island sanctuary away from the hustle and bustle and surrounded by nature. Part of a 76.9 acre beautiful and diverse development on the southern shores of Quadra Island subdivided into 8 diverse and appealing titles. Highbank oceanfront, substantial standing forest, beautiful pastoral land, a valley ravine and a secluded beach with clams and oysters. A long, meandering tree-lined driveway leads to the heart of the property. The development has the benefit of drilled wells with water piped to lots 1-4, and 6 while a septic system is installed on the common property with connections for Lots 1-6. Services include BC Hydro electrical power, which comes in along the driveway to the original house (SL 6) on power poles and then is underground throughout and to the individual lots. There is landline telephone service, cell phone service and options for internet.

Also available is Strata Lot 2 (MLS 878330) $657,000

Another option that is available is to buy the whole kit and caboodle for $4,288,000! MLS 869664 description here:

77.27 acre beautiful and diverse property on the southern shores of Quadra Island. Highbank oceanfront, substantial standing forest, beautiful pastoral land, a valley ravine and a secluded beach with clams and oysters. Subdivided into 7 diverse and appealing titles providing future opportunity to market the properties individually, or to divide them amongst family or like-minded individuals looking for a private, peaceful island sanctuary away from the hustle and bustle and surrounded by nature. A long, meandering tree-lined driveway leads to the heart of the property and the 2461sqft home on a 10 acre title. This property also has a residential yurt with full services for additional guests or family, a 482sqft workshop and a garden area. Drilled wells and septic system in place, power throughout property. A number of reports and evaluations have been completed, simplifying the process and eliminating the need for someone else to have to go through the process.

Contact me to view or for the virtual tour link.

 

New Listing ~ 855 Hope Spring Road

MLS description for 855 Hope Spring Rd, listed at $839,000: Custom built west coast home on 5 acres, located in the popular Hope Spring Rd subdivision! The moment you drive through the gates to the carport, you feel as if you are stepping into nature. This peaceful property features a mix of well-established shrubs and plants & natural landscaping. The main level features a lovely open floor plan with vaulted wood ceilings, propane parlour stove on tile hearth and door that opens to the wrap around deck. Also on the main floor is a guest bedroom, 3 pc bathroom and laundry room with extra storage space. On the upper level you will find the loft/office and den which could be converted into a third bedroom. The master bedroom with walk-in closet and window nook and 4 pc bathroom with soaker tub, are also on the upper level. Adding to this package is the 20’x32’ workshop. Located at the end of a no-thru road, adjacent to the Heriot Ridge and Hope Spring hiking trails, come experience the serenity of Quadra Island living today!

Call me at 250-203-8652 to book your showing today. This one won’t last long! View the photo gallery here.

New Listing ~ 1114 West Rd

MLS description:

1114 West Rd listed at $969,900, Completely renovated family home on 10 acres! 3182 sq.ft. 5 Bdrms & 4baths. Large family room with woodstove, 2 bdrms & 2 baths down. Open concept up with stunning kitchen. Beautiful granite counters top, propane stove, wall oven custom cabinets, soft close & ducktail draws and features a large pantry with barn door. The dining room is open & central to living room & kitchen with French doors onto the Deck. Milled fir mantel with fusion stone fireplace is the focal point of the living room. Large Primary bdrm with French doors onto vinyl wrap around deck & additional lower wrap around composite deck. Huge walk-in closet & ensuite with travertine floors, shower and Delta double shower heads. In addition, all the lighting throughout the house is LED transformers, Heat pump & woodstove, generator panel. Out buildings included: 2 large grey fabric detached boat shed & trailer shed with power. 220amp 40 x 30 detached shop, detached 8 x 16 tool/garden shed and 8x 8 pump house.

To view the photo gallery visit here

Quadra Island road map can be viewed here

New Waterfront Listing ~ 1255 Huntley Rd

MLS details for 1255 Huntley Rd, priced at $949,000:

Gowlland Harbour oceanfront home & guest cabin on 1 acre boasting 170 feet of walk-on ocean frontage! The home was built in 1992 by local builders, J. Toelle Construction Ltd and features a west coast design with prow front, open floor plan and floor to ceiling windows on the main level. The master bedroom with 3pc ensuite is also on the main floor. A spiral staircase winds up from the living room to the spacious loft area that could be used as a third bedroom or family room. On the lower floor of the home, you will find the rec room, second bedroom, 3 pc bathroom and storage room. The detached 480 sq ft 1 bedroom, 1 bathroom guest cabin is currently occupied by a long-term tenant. The property is nicely landscaped with mature trees and shrubs and there is a large, fenced garden with 2 greenhouses next to the cabin. Easy ocean front access is available via Huntley Road that runs along the east border of this property. Peaceful island ocean side living at its best!

View the photo gallery here

For a complete list of Quadra Island properties for sale follow here

Have you checked out the lovely Gowlland Harbour Resort?

 

News From the Vancouver Island Real Estate Board – April 2021 Edition

APRIL 1, 2021

INVENTORY UP SLIGHTLY BUT STILL NO RELIEF FOR BUYERS

NANAIMO, BC – Lack of inventory is frustrating potential buyers in the VIREB area, with demand for homes far exceeding supply.

While active listings in March were higher than in February, inventory is still at a historical low. There were
508 single-family detached properties for sale last month compared to 394 in February, an increase of 29 per cent. The number of condo apartments for sale rose slightly, up to 171 from 169 in February. Month-over-month townhouse inventory increased by 29 per cent, with 117 units for sale in March compared to 91 in February.

March saw sales of 567 single-family detached properties, a year-over-year increase of 67 per cent. As for condo apartments, 136 sold last month versus 47 the previous year, an increase of 189 per cent. In the row/ townhouse category, sales increased by 53 per cent year over year (81 to 124).

Although lack of inventory is a problem throughout British Columbia, it has reached a crisis point on Vancouver Island, says 2021 VIREB president Ian Mackay.

“Demand-side policies like taxes and higher mortgage rates have done little to remedy our inventory issue, which is a decade-old problem,” says Mackay. “Vancouver Island has always been popular with retirees, but COVID-19 and the option of remote work are now attracting younger buyers. Competition is fierce, and we don’t see that abating any time soon.”

The British Columbia Real Estate Association (BCREA) does not see the inventory situation improving
until more supply comes online later in the year. BCREA and local real estate boards are advocating with policymakers at the provincial and regional levels to speed up the development process so that municipalities can expand supply more quickly to meet demand.

“It’s painfully clear that attempts to dampen demand have not moderated home prices, so the best route to making housing more affordable, particularly for first-time buyers, is to increase supply,” says Mackay. “It’s not a quick solution, but it’s the only one that makes sense long-term. And, to do that, we need all levels of government working together.”

Unsurprisingly, the heated housing market is impacting prices, which are rising throughout the board area. The benchmark price of a single-family home hit $631,500 last month, 18 per cent higher than in March 2020. The benchmark price of an apartment reached $332,400, an increase of nine per cent, while the benchmark price of a townhouse rose by 19 per cent year over year, climbing to $487,100.

In Campbell River, the benchmark price of a single-family home hit $564,000 in March, an increase of 22 per cent over last year. In the Comox Valley, the benchmark price was $656,400, up by 19 per cent from one year ago. Duncan reported a benchmark price of $578,500, an increase of 15 per cent from March 2020. Nanaimo’s benchmark price rose by 18 per cent, hitting $645,600, while the Parksville-Qualicum area saw its benchmark price increase by 13 per cent to $714,500. The cost of a benchmark single-family home in Port Alberni reached $407,200, a 19 per cent year-over-year increase. For the North Island, the benchmark price rose to $302,100, a 15 per cent increase over last year.

 

– For VIREB’s March edition visit here

 

Quadra Island Property Sale Prices $$$

What has sold over the past 6 months on Quadra Island? And for how much?

Here is an itemized list with some basic details. If you would like a more detailed list including photo galleries I can email that to you upon request. Contact me at 250-203-8652 or reneestone@quadraisland.ca for your list. I can also send tailored lists going back many years and based on multiple criteria.

Over the past 180 days (beginning of October 2020 to beginning of April 2021) the following 21 properties sold:

  • 8-638 Green Rd $125,000 0.08 acre serviced strata lot
  • 7-638 Green Rd $125,000 0.07 acre serviced strata lot
  • Lot 2 Nole Rd $209,000 0.95 acre raw land
  • Lot 11 950 Heriot Bay Rd (Fir Crest Acres) $250,000 2.09 acre serviced strata lot
  • Lot 12 950 Heriot Bay Rd (Fir Crest Acres) $250,000 2.7 acre serviced strata lot
  • Lot 5 950 Heriot Bay Rd (Fir Crest Acres) $260,000 2.48 acre serviced strata lot
  • Lot 1 Bold Point Rd $265,000 10 acre land
  • Lot 6 950 Heriot Bay Rd (Fir Crest Acres) $270,000 2.46 acre serviced strata lot
  • Lot 6 Irene Rd $300,000 7.76 acre land
  • Lot 2 Bold Point Rd $415,000 10 acre land
  • 1163 Topcliffe Rd $400,200 10 acres with shop, well, and septic
  • 181 Quadra Loop $524,900 0.68 acre view property, 900 sq ft house with 2 bedrooms and 1 bathroom
  • 618 Heriot Bay Rd $579,000 0.99 acre with 2 bedroom 1 bath house and 2 small cabins
  • 674 Cedar Dr $569,000 5 acres with 2400 sq ft 5 bed 2 bath house
  • 601 Heriot Bay Rd $565,000 5 acres with 2860 sq ft 5 bed 3 bath house (including basement suite)
  • 2656 Cherrier Rd $600,000 5 acres with 3 bed 2 bath house and 1 bed 1 bath cabin
  • 1396 West Rd $620,000 12.8 acres with 900 sq ft 2 bed 2 bath house
  • 797 Cliffe Rd $760,000 0.87 acre waterfront 3600 sq ft 3 bed 4 bath house and 1 bed 1 bath cabin
  • 1019 Gowlland Harbour Rd $900,000 10 acre ocean view 3 bed 2 bath house with 1 bed 1 bath cabin
  • 800 Summer Run Pl $1,145,000 0.78 acre waterfront 2 bed 2 bath house with shop and shared dock
  • 816 Gowlland Harbour Rd $2,450,000 18 acre waterfront 2500 sq ft home with deep water moorage

There are other properties that are “pending” which means that they now have unconditional accepted offers but they have not officially sold and so the sale price is not yet on the public record. Keep checking in for updates.