No photos available

$2,395,000

123 Smith Rd

Beds

4

Baths

6

Sqft

Year

2013

Location

See the block, not just the house.

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About this home

For more information, please click Brochure button. Salt Spring Island waterfront home for sale in coveted Musgrave Landing—an architecturally striking timber-frame residence on a private 0.5-acre oceanfront lot with a private dock and access to deep-water moorage. Offering approximately 5,264 sq ft over three levels, this road-accessible Gulf Islands retreat blends West Coast craftsmanship with modern luxury. The main home features 3 bedrooms plus a flexible full studio guest accommodation, 4 full bathrooms and 2 powder rooms, generous indoor–outdoor living, and an oversized two-car garage - 596 sq ft. Thoughtful extras include a fully equipped woodworking shop, dedicated cold storage, and a year-round golf simulator—all ideal for work, hobbies, and entertaining. Set within a well-managed Bare Land Strata, owners enjoy amenities rarely found on Salt Spring: a large community dock with deep-water moorage, plus a tennis/pickleball court and shared green spaces. From your dock it’s roughly a 10–15 minute boat ride to Cowichan Bay on Vancouver Island—perfect for groceries, the farmers’ market, dining, and services. An exceptional opportunity for a private oceanfront residence, vacation property, or retreat on Salt Spring Island. Experience Salt Spring Island’s best combination of waterfront, moorage, privacy, and access. Do not miss out! (id:65958)

Subtype
Single Family
Architectural style
Westcoast, Other
Structure
House
Community
Musgrave Ocean Estates
Common interest
Condo/Strata
Living area
4,864 square feet
Lot size
21,344 square feet
Lot dimensions
21344
Parking
6 total
Condo/HOA fee
$168.42 monthly
Fireplace
2
On market
Apr 19, 2026
Status changed
Apr 19, 2026
Annual tax
$7,166
Zoning
Residential
Photos
17
MLS#
1032734
Area
SALT_SPRING

Features and systems

Appliances

WasherRefrigeratorDishwasherRangeDryerMicrowaveFreezerOven - Built-In

Heating

Heat PumpBaseboard heatersHot WaterOther

Cooling

None

Lot

AcreagePrivate settingSouthern exposureWooded areaSlopingOtherMarine OrientedMoorage

Community

Family OrientedPets Allowed With Restrictions

View

Ocean view

Waterfront

Waterfront on ocean

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Salt Spring. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $11,754/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.

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