1197 Castle Rd, Gibsons BC - Land for Sale - MLS# R3075298

$425,000
Est. Mortgage $1,880/mo
King And Castle
0 sqft
48.24% cheaper than comparables
$425,000
Est. $1,880/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 1197 Castle Road

48.24% cheaper than comparables

PRICE REDUCED!!!! Fabulous opportunity to own in the very much coveted King and Castle Subdivision in the heart of Gibsons.This subdivision of 15 lots sold out very fast when they were originally listed for sale. Lot 2 is located at the front of the subdivision, with southern exposure its drenched with sun and has views to the rear of Mount elphinstone. Build the home of your dreams on this very spacious half acre lot. The current owner has building plans available. With close proximity to trails, schools, shopping, breweries, restaurants and much more! Contact me today for more details!

Exterior Features

View Description Mountain
Structures Land Only

Building Details

Price $425,000
Property Type Land
Building Name King And Castle
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Septic Tank, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 21530.76
Lot Size Depth Feet
Lot Size Frontage 79.4
MLS® # R3075298
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V5
Gross Taxes $2,150.22
Zoning R2

Property Timeline

Status Date Price
R3075298 / Active 01-01-2026 $425,000
R2964710 / Expired 02-06-2025 $489,000
R2891781 / Terminated 06-06-2024 $545,000

Listed by: RE/MAX City Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
18.1 km
Elementary
École du Pacifique
17.8 km
Elementary
École du Pacifique
17.8 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mulgrave School
Above Average
25.97 km
9.7/10
Elementary, Secondary
Mulgrave School
Above Average
25.97 km
9.7/10

Closest Transit

Bus Stop
Fitchett at King (WB)
0.28 km
Skytrain
Skytrain @ Burrard Stn
33.35 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
17.6%
No Certificate/Degree
Above Average
17.1%
Owner Occupied
Below Average
56.1%
Employment Rate
Below Average
49.1%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $630,020
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 33.35 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GIBSONS & AREA compares
This property
189 DOM
Listed
Gibsons & Area avg
Gibsons avg

1197 Castle Road has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 48.2% below comparable active properties in Gibsons & Area, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1197 Castle Road

Walkability & Transit Near 1197 Castle Road

Walk Score Badge
Car-Dependent 6

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
17

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 1197 Castle Road

/month
Principal & Interest
Property Taxes $179
Maintenance fee 0
Financing 80% of the $425,000 asking price over 30 years at 4% results in approximately $1,802/month in total estimated carrying costs, $179 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,680/month in rental income, leaving a -$192/month cashflow at current carrying costs. Investors targeting break-even would need roughly 30% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $425,000
Gibsons Loading...
Gibsons & Area Loading...

Based on 5 comparable active properties in Gibsons & Area, the average asking price is $500,483. This listing is priced 15.1% below the neighbourhood average. This property is flagged as a Hot Deal (48.24% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 1197 Castle Road

Walk Score Badge
Car-Dependent 6

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
17

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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