Positioned along the shoreline of beautiful David’s Cove, this low bank waterfront property captures expansive sunrise views across one of Mayne Island’s warmest and most protected bays. The 875 sqft vintage cottage offers a simple and authentic coastal retreat with 2 bedrooms, 1 bathroom and a cozy wood stove, while the gently sloping 0.37-acre property provides approximately 200 feet of frontage with direct access to swimming, kayaking and quiet moorage. Rich in natural beauty and privacy, the property presents an exceptional opportunity to enjoy as-is, renovate over time, or create a new waterfront home immersed in the surrounding landscape. The neighbouring property at 579 Bayview is also available, offering potential to secure two side-by-side waterfront parcels.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Heating Type | Electric, Wood |
| # of Kitchens | 0 |
| Foundation | Other |
| Exterior Features | Balcony |
|---|---|
| Roof | Other |
| Structures | Residential Detached, Cabin |
| Price | $929,900 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 875 |
| Year Built | 1966 |
| Age Of Building | 60 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Community |
| Utility Sewer | Other |
| Water (WaterSource) | Other |
| Parking Type | Open |
| Total Parking Spaces | 2 |
| Lot Size | 16117.2 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 200 |
| MLS® # | R3132589 |
| Area | Islands-Van. & Gulf |
| Neighbourhood | Mayne Island |
| City | Mayne Island |
| Postal Code | V0N 2J1 |
| Gross Taxes | $4,118.28 |
| Zoning | SR |
| Status | Date | Price |
|---|---|---|
| R3132589 / Active | 06-03-2026 | $929,900 |
| R3100384 / Terminated | 03-16-2026 | $1,249,900 |
| R2878917 / Expired | 05-02-2024 | $1,050,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Living Room | 10'5 x 10'5 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Flex Room | 12' x 12' ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Oakwyn Realty Ltd. & Oakwyn Realty Ltd. & Oakwyn Realty Ltd.
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.
Private Schools
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581 Bayview Drive has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 581 Bayview Drive | |||||
Based on 2 comparable active Single Family Residences in Mayne Island, the average asking price is $653,300. This listing is priced 42.3% above the neighbourhood average. This property is flagged as a Hot Deal (6.9% price reduction) based on its competitive pricing and market demand.
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