About This Property
Set along the shoreline of Mayne Island, this rare offering presents the opportunity to acquire two neighbouring waterfront properties (579 and 581 Bayview) and combine them into a singular coastal estate. Together, the parcels capture expansive views across the Salish Sea toward the Coastal Mountains and Mount Baker, while the sheltered waters of David´s Cove offer swimming, kayaking and quiet moorage. The low-bank sites feature gently sloping terrain, rich soils and direct shoreline access-an ideal setting for a landscape-led retreat where architecture acts as a quiet backdrop to nature. An architectural concept by Measured Architecture explores arrival through layered landscape and a courtyard-centred dwelling balancing privacy with connection to the water. The concept shown requires both properties to be purchased and combined, presenting a rare opportunity to create a waterfront compound just a short journey from Vancouver. (id:64973)
The $1,249,900 price tag for this 873-square-foot home on Mayne Island equates to $1,432 per square foot, a significant premium compared to the island's median price of $1,005 per square foot. However, the opportunity to acquire two neighboring waterfront properties and create a singular coastal estate likely justifies the higher price point for discerning buyers seeking a private oasis on the Salish Sea. This property presents an attractive investment opportunity for buyers interested in developing a multi-unit vacation rental or recreational compound, given the potential to generate income from both the main home and a second dwelling on the adjacent lot.
Property Details
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