A private island has hit the market for less than many single family homes are priced at in BC.
According to the property listing, Clam Shell Island is currently the most affordable private island in the BC Gulf Islands. It’s listed at $845K by Colliers International.
With 1.1 acres of land, the island is tucked away in Long Harbour off Salt Spring Island, so it’s easily accessible.
The previous owner was constructing a fully off-grid, architect-designed home. Whoever buys the island would have to finish the construction, but building permits are active until Aug. 12, 2025 and additional construction supplies are included in the sale and are being stored on Salt Spring Island.
“With an emphasis on eco-friendly living complimented by natural and locally sourced materials, the original vision for this private island can easily be completed with the potential to add one’s own unique touches,” the listing adds.
There’s plenty of outdoor space, despite the island’s small footprint. The previous owner built a large brick patio with a pergola and outdoor kitchen.
Even though the main house has not been finished, you can still enjoy the island to an extent with the small unheated cabin.
With home prices being what they are, it might make sense for some to buy an entire island rather than a Vancouver condo.
According to the British Columbia Real Estate Association (BCREA) Housing Outlook Report for May, the average residential price in BC in April 2024 was up 1.4% at just over $1 million, compared to an average price of $992,440 in April 2023.
April was also an above-average month for new listings activity.
"Sales are still slightly below normal, which has led to a substantial increase in total inventory, though at a level still far below long-run balance. Ultimately, the market is heading into the summer in a state of relative calm with much more choice for buyers,” said BCREA Chief Economist Brendon Ogmundson.
