581 Bayview Dr, Mayne Island BC - Single Family Residence for Sale - MLS# R3132589

$929,900
Est. Mortgage $4,114/mo
1 Beds
1 Baths
875 sqft
1063 $ /sqft
1966 built
6.9% price reduction
$929,900
$998,900
Est. $4,114/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Photos

Property Details for 581 Bayview Drive

6.9% price reduction

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.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Electric, Wood
# of Kitchens 0
Foundation Other

Exterior Features

Exterior Features Balcony
Roof Other
Structures Residential Detached, Cabin

Building Details

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 & Land

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

Property Timeline

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
Rooms
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
Bathrooms
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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Southpointe Academy
Above Average
24.32 km
9.9/10
Elementary, Secondary
Southpointe Academy
Above Average
24.32 km
9.9/10

Closest Transit

Bus Stop
Long Harbour Rd at Scott Point Dr (WB)
12.44 km
Skytrain
Skytrain @ Brighouse Stn
34.97 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Low

Demographics

Post-Secondary Education
Above Average
34.1%
No Certificate/Degree
Below Average
9.1%
Owner Occupied
Below Average
35.2%
Employment Rate
Below Average
23.4%

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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 34.97 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MAYNE ISLAND compares
This property
36 DOM
Listed
Mayne Island avg
Mayne Island avg

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.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 581 Bayview Drive

Walkability & Transit Near 581 Bayview Drive

Walk Score Badge
Car-Dependent 0

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 581 Bayview Drive

/month
Principal & Interest
Property Taxes $343
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $3,895/month in total housing costs on this $929,900 property — $3,552 mortgage payment, $343 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
Based on $3,339/month estimated rent and $4,049/month in total housing costs, this property has a -$710/month cashflow. Break-even down payment: approximately 36%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Mayne Island, Mayne Island

Beds Home Types Square Feet Lot Size Year Built
This Home $929,900
Mayne Island Loading...
Mayne Island Loading...

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.

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 581 Bayview Drive

Walk Score Badge
Car-Dependent 0

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
19

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Single Family Residences for Sale in Mayne Island