808 Rainbow Rd, Salt Spring
First time on market in over 50 years, this rare 10-acre waterfront-access property offers an exceptional opportunity to create a legacy estate on Salt Spring Island. Beautifully untouched and richly forested, the property enjoys access to Booth Canal—perfect for kayaking serene waterways out to the ocean. Level and sun-dappled with multiple prime building sites for a dream residence and guest cottage, plus subdivision potential. Established plum and apple trees, along with a former vineyard site, add to the idyllic island charm. Cherished by three generations as a private retreat, this property captures timeless Salt Spring living. Included is an adorable approx. 600 sq. ft. cabin with power, water, covered porch, and woodstove. Surface spring well with 600-gallon reservoir and septic system already in place. Peaceful, private, minutes to town, and offered under assessed value—an extraordinary island opportunity. (id:1945)
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Property details for 808 Rainbow Rd, Salt Spring
- Type
- Lots and Land
- Bedrooms
- 2
- Living Area
- 1,025 square feet
- Lot Size
- 10
- Heating
- Baseboard heaters
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $7,041
Nearby Listings Stat
Estimated price and comparable properties near 808 Rainbow Rd
Active Listings
12
Min Price
$515,000
Max Price
$1,775,000
Avg Price
$909,242
Days on Market
118
days
Sold Listings
4
Min Sold Price
$329,000
Max Sold Price
$699,000
Avg Sold Price
$579,000
Days until Sold
41
days
Price History
Listed
May 21, 2026
by eXp Realty
Current Price
$1,699,000
+7.9% from last change
Type
Lots and Land
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,699,000 | +$124,000 (+7.9%) |
| May 21, 2026 | $1,575,000 | Listed |