1 1086 GEORGESON BAY ROAD, Galiano Island
$599,000
This 64,468.8 sqft property in Galiano Island is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Sun-drenched in the Georgeson Bay Valley, this 1.48-acre property enjoys eastern and southern exposure, exceptional light, and outstanding gardening potential. A fenced garden and established fruit and nut trees make it ideal for those seeking a more self-sufficient lifestyle. The charming old-timer cottage features a two-bedroom addition completed in 2011 by a reputable local builder (totalling 1,127 sqft) Zoning permits a guest cottage of up to 860 sq. ft. Pastoral views across Trincomali Farms and the spine of Bluff Park, enjoy the shade of majestic maple and Douglas fir trees. A peaceful rural setting within walking distance to local shops and eateries and a short drive to Montague Park
How this price compares
This lot asks $9 per square foot of lot. That is 22% below the median of $12 across the 13 active lots VanPlex is showing in Galiano Island, and puts it 6 of 13 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $599,000
- Lot size
- 64,468.8 sqft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1920
- MLS® area
- Galiano Island
- MLS® number
- R3142339
Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.
Listing data via MLS®. Displayed for information only.