579 BAYVIEW DRIVE, Mayne Island
$929,900
This 21,780 sqft property in Mayne 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.
Set along the shoreline of Mayne Island with spectacular 270 degree views across the Salish Sea, this low bank waterfront property captures ever changing light from glowing western sunsets to sunrises framed by Mount Baker and the distant Coastal Mountains. The cottage offers 916 ft² of interior space, 2 bedrooms, 2 bathrooms, a separate laundry room and an oceanside deck immersed in the surrounding landscape. Set on a gently sloping 0.50-acre property with fenced gardens, easy shoreline access, and a close connection to the waters of Reef Bay, this location offers a rare opportunity to experience waterfront living. The neighbouring property at 581 Bayview is also available, presenting future potential to acquire two side-by-side waterfront parcels in a sought-after coastal setting.
How this price compares
This lot asks $43 per square foot of lot. That is 28% above the median of $33 across the 10 active lots VanPlex is showing in Mayne Island, and puts it 7 of 10 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
- $929,900
- Lot size
- 21,780 sqft
- Lot dimensions
- 124.07 x
- Frontage
- 124.07 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1976
- MLS® area
- Mayne Island
- MLS® number
- R3132590
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Listing data via MLS®. Displayed for information only.