Recreational Property For Sale on Pender Island, BC

2602 Gunwhale Road


Steps from the ocean. Pender Island, BC

Recreational Property / Island / Waterfront Property For Sale on Pender Island, BCRecreational Property / Island / Waterfront Property For Sale on Pender Island, BCRecreational Property / Island / Waterfront Property For Sale on Pender Island, BC

We welcome Realtors representing clients and provide this cooperative agents with 4% fee to represent buyers. This is a cooperative group of owners - we built out and create the "strata plan" for the fractional ownership.

  • Description
  • Other Features
  • Map Location
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Property Description

NOTE: DO NOT PHONE (number has changed). Email only at this pre-MLS listing stage.

Start on the property ladder by joining a group of co-owners in a Southern Gulf Island recreational resort property steps from the ocean. The ideal co-owners are either retirees wanting an incredible investment opportunity or youths who can sponsor their own equity by being part of the ”core owner-builders”.

The land is currently under development with a new driveway, sheds and site preparation. Please do not visit without an appointment. The current owners need funding to expand to a fully permitted recreational property and are willing to sell 1/8th portions minority/investment fractional ownership.

The final cabin is expected to have an efficient wood burning fireplace not only for winter getaways but also to supplement the modern electric heating. Modern and highly functional kitchen, bathroom, and work-from-home amenities.

As part of Magic Lake Community, you can moor your boat for free or almost free. The Community has lake access. Enjoy year-round fishing, the of kayaks, stand-up paddleboards, kayaks, warm summertime swimming, and an outdoor hot tub. Steps from the ocean at Panda Bay, see the local pod of whales that call those waters home.

Phase 1 - Driveway, land clearing and utilities (on going)

Phase 2 - To be decided by new owner group based on fractional ownership and scope of project.

Fractional Owner privileges allow you to use your cabin for 2 weeks in the summer high season and for up to 45 days a year. The location is not suitable for short term rentals, this is owner occupied community with stable neighbors. We would follow zoning to adapt to any future changes. Fractional ownership is a legal, cost effective way to pay for something, contribute to its build as a very small group of owners and have a say in its, and your, future.

Other Features
Main Level Rental Unit 3.05m x 2.44m   (10'0" x 8'0")
Other Storage 3.05m x 3.05m   (10'0" x 10'0")
Map Location

Approximate Map Location*

2602 Gunwhale Road, Pender Island, British Columbia, Canada   V0N 1M1

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.

This property for sale has been tagged by the seller as close to Abbotsford, Burnaby, Delta, Mission, North Delta, North Saanich, North Vancouver, Oak Bay, British Columbia.
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  • Address: 2602 Gunwhale Road
  • Neighbourhood: Magic Lake
  • City: Pender Island
  • Province/State: British Columbia
  • Postal/Zip Code: V0N 1M1
  • Country: Canada
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The Basics
  • Property Type: Recreational Property / Island / Waterfront Property
  • Ad Type: For Sale
  • Ownership: Freehold/Fee Simple
  • Listing ID: 377199
Price: $50,000
Main Features
0.448 acres
Lot Size
Annual Taxes