Mayne Island real estate with two huts sells $ 24,000 under questions
A charming property on Mayne Island, BC recently sold for $775,000, slightly below the asking price of $799,000. Located at 759 Charter Rd., this two-hectare plot features two cozy huts that are perfect for a remote island getaway.
The two huts on the property measure 678 square feet and 651 square feet, respectively. Each hut boasts two bedrooms, a bathroom, laundry facilities, and decks for enjoying the tranquil surroundings. With exposed wooden ceilings and wood ovens, the cabins exude a rustic charm and were sold fully furnished, right down to the dishes in the kitchen cabinets. Additionally, there is a fully equipped workshop and wood shed on the property, perfect for DIY projects or storing outdoor gear.
The property attracted a lot of interest and ultimately sold to a couple from Victoria who plan to live on the island and work remotely. According to Ian Watt, the selling agent, there was a backup offer on the table, but the sellers chose to accept the offer from the Victoria couple. This was their first time purchasing a property, and Watt highlighted the value of the property, noting that it would be challenging to find a similar property in Victoria or Vancouver for the same price.
Watt emphasized the importance of pricing a property correctly in the current market. With over 50 listings on Mayne Island, he noted that most properties are priced above their assessed value, but ultimately sell just below that value. Recreational properties like this one are in high demand, but buyers are looking for value in their purchases. The sale of this property was finalized on July 21, marking a successful transaction for all parties involved.
With its peaceful setting and unique features, this property offers a rare opportunity to own a piece of island paradise just a short ferry ride from the mainland. Whether used as a vacation retreat or a full-time residence, the new owners are sure to enjoy all that this charming property has to offer.
