This two-acre lot on Mayne Island, B.C. has two cabins.Re/Max Mayne Pender
759 Charter Rd., Mayne Island, B.C.
Asking price: $799,000 (April 15)
Selling price: $775,000 (May 16)
Days on market: 31
Taxes: $2,991.56 (2024)
Listing agent: Brenda Dean, Re/Max
Buyer’s agent: Ian Watt, Heller Murch Realty
The two cabins measure 678 square feet and 651 square feet and each have two bedrooms, one bathroom, laundry and decks.Re/Max Mayne Pender
What they got
This two-acre lot on Mayne Island is a one-hour ferry ride from the mainland. There are two cabins on the lot; one 678 square feet and the other 651 square feet. Both have two bedrooms, one bathroom, laundry and decks. The cabins have exposed wood ceilings, wood ovens and were sold fully furnished, even with dishes in the kitchen cupboards. There is a fully stocked workshop and woodshed on the treed lot.
“It’s a pretty rare property on Mayne, a two-acre lot with two houses on it,” said the buyer’s agent Ian Watt.
The cabins have exposed wood ceilings, wood ovens and were sold fully furnished.Re/Max Mayne Pender
The action
The property sold to a Victoria couple who intend to live there and work remotely, like many other residents on the island.
Mr. Watt said there was a backup offer, but the seller accepted their offer first. His clients are first-time buyers.
“What else can you get in Victoria or Vancouver for $775,000?” he asked.
There is a fully stocked workshop and woodshed on the treed lot.Re/Max Mayne Pender
The agent’s take
“If it’s priced right, it will sell,” said Mr. Watt. “We have over 50 listings on Mayne, and most are priced over assessed value, and everything is selling just below assessed value right now. That’s just the reality of recreational properties. Nobody needs a recreational property, so they are the last ones to sell, so they really have to be priced right.”
The sale completed July 21.
The island property is a one-hour ferry ride from the mainland.Re/Max Mayne Pender