Classic Salt Spring old-timer. This home has served as a family base since 1967. While the family is sad to say goodbye, the time has come for a new owner to bring fresh ideas and energy to this solid and serviceable home. Three bedrooms with lots of area to reimagine. A full-length covered porch invites you to enjoy peaceful mornings or quiet evenings in all weather, overlooking a spacious, cleared area that surrounds the home. Set on 2 acres, the property gently slopes into a lovely wooded area, providing both openness and privacy. Located in a quiet, established area just a short drive or longer walk from Ganges, you’ll enjoy the best of both convenience and tranquility. Water is provided via McAfee Creek, a reliable and natural source that reflects the rural authenticity of the setting. Whether you’re looking to renovate, restore, or rebuild, this is an opportunity to own and create your own memories.
For sale
C$499,000
535 Rainbow Rd, Saltspring Island, BC V8K 2M6
3beds
2baths
1,940sqft
Single Family Residence
Built in 1967
2.02 Acres Lot
$-- Zestimate®
C$257/sqft
C$-- HOA
What's special
Full-length covered porchSpacious cleared areaLovely wooded areaOpenness and privacySolid and serviceable homeThree bedrooms
- 182 days |
- 388 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 03:01pm
Listed by:
Norman T. Rothwell,
Pemberton Holmes - Salt Spring
Source: VIVA,MLS®#: 1005096
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Kitchen
- Level: Main
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Full,Not Full Height,Walk-Out Access,With Windows
- Has fireplace: No
Interior area
- Total structure area: 2,567
- Total interior livable area: 1,940 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Carport
- Carport spaces: 1
Features
- Entry location: Main Level
- Patio & porch: Balcony/Deck
- Exterior features: Low Maintenance Yard
Lot
- Size: 2.02 Acres
- Features: Central Location, Park Setting, Quiet Area, Rural Setting, In Wooded Area
Details
- Parcel number: 006099793
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1967
Utilities & green energy
- Water: Other
Community & HOA
Location
- Region: Saltspring Island
Financial & listing details
- Price per square foot: C$257/sqft
- Tax assessed value: C$613,000
- Annual tax amount: C$2,710
- Date on market: 7/3/2025
- Ownership: Freehold
- Road surface type: Paved
Norman T. Rothwell
(250) 537-5166
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Price change | C$499,000-7.4%C$257/sqft |
Source: VIVA #1005096 Report a problem | ||
| 10/7/2025 | Price change | C$539,000-10%C$278/sqft |
Source: VIVA #1005096 Report a problem | ||
| 7/28/2025 | Price change | C$599,000-6.3%C$309/sqft |
Source: VIVA #1005096 Report a problem | ||
| 7/3/2025 | Listed for sale | C$639,000C$329/sqft |
Source: VIVA #1005096 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: V8K
Nearby schools
GreatSchools rating
- NAPoint Roberts Primary SchoolGrades: K-3Distance: 24 mi
- NAWaldron Island SchoolGrades: 1-8Distance: 24.9 mi
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