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Renanza Realty
For sale

1597 Starbuck Lane

Gabriola Island, British Columbia

MLS® 1043084

$1,595,000

Status
Active
Property type
House
MLS® number
1043084
Bedrooms
9
Bathrooms
8
Year built
1997

Listing description

Embrace the romance of West Coast living with this magnificent 5-acre Gabriola Island estate, where a dream lifestyle meets a highly lucrative income stream. Purpose-built from the ground up to operate as a premier boutique Bed & Breakfast, this exceptionally maintained property allows you to seamlessly blend the joy of island hospitality with an impressive financial return, generating over $72,000 per year in gross revenue. Situated just across the street from the ocean, you can be walking on the beach in less than five minutes, breathing in the salty air before returning to your own 100% private sanctuary.

The heart of the estate is a stunning, custom-built 6,000-square-foot residence that boasts a warm, majestic ''lodge'' aesthetic. With its soaring high ceilings, rich wood accents, and an elegant, extra-wide staircase, the architectural design creates an inviting atmosphere that feels wonderfully cozy for two, yet effortlessly accommodates grand entertaining for up to thirty guests. The thoughtful layout prioritizes total privacy, dedicating the main floor to the owner's spacious living quarters.

Upstairs, the dedicated B&B zone features three massive bedrooms—each complete with its own private ensuite bathroom and dedicated deck—alongside a communal guest living room and a convenient kitchenette. Step outside onto more than 3,000 square feet of expansive decking to overlook a breathtaking landscape of manicured lawns, vibrant gardens, and an enchanting, large pond. Adding to the property is a detached cottage featuring a full basement, providing the perfect retreat for visiting family or additional creative space.

The estate is supported by an exceptional well producing at 6 gpm. To step into this rare island paradise, contact your Realtor. All measurements are approximate and should be verified if important.

Property summary

MLS® number
1043084
Property type
Single Family
Building type
House
Square footage
6,998 sq ft
Title
Freehold
Land size
5.27 acres
Built in
1997
Annual property taxes
$6,653.62
Parking
12 spaces
Days on market
59 days

Features & details

Heating
Heat Pump, Baseboard heaters, Electric, Wood
Cooling
Air Conditioned
Appliances
Washer, Refrigerator, Hot Tub, Dishwasher, Dryer
Lot features
Acreage, Private setting, Irregular lot size, Other
Architectural style
Cottage, Westcoast, Cabin

What would this home cost you?

Based on the $1,595,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,421 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Professionals (NA), Nanaimo.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.