- Active
1597 Starbuck Lane
Gabriola Island · Single Family
- Beds
- 9
- Baths
- 8
- Sqft
- 6,998
- Built
- 1997
Listed by REMAX Professionals (NA) · MLS® 1043084
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Sign inAbout this home
Embrace the romance of West Coast living with this magnificent 5-acre Gabriola Island estate, where a dream lifestyle meets a highly lucrative income stream. Purpose-built from the ground up to operate as a premier boutique Bed & Breakfast, this exceptionally maintained property allows you to seamlessly blend the joy of island hospitality with an impressive financial return, generating over $72,000 per year in gross revenue. Situated just across the street from the ocean, you can be walking on the beach in less than five minutes, breathing in the salty air before returning to your own 100% private sanctuary. The heart of the estate is a stunning, custom-built 6,000-square-foot residence that boasts a warm, majestic ''lodge'' aesthetic. With its soaring high ceilings, rich wood accents, and an elegant, extra-wide staircase, the architectural design creates an inviting atmosphere that feels wonderfully cozy for two, yet effortlessly accommodates grand entertaining for up to thirty guests. The thoughtful layout prioritizes total privacy, dedicating the main floor to the owner's spacious living quarters. Upstairs, the dedicated B&B zone features three massive bedrooms—each complete with its own private ensuite bathroom and dedicated deck—alongside a communal guest living room and a convenient kitchenette. Step outside onto more than 3,000 square feet of expansive decking to overlook a breathtaking landscape of manicured lawns, vibrant gardens, and an enchanting, large pond. Adding to the property is a detached cottage featuring a full basement, providing the perfect retreat for visiting family or additional creative space. The estate is supported by an exceptional well producing at 6 gpm. To step into this rare island paradise, contact your Realtor. All measurements are approximate and should be verified if important.
Home facts
- Bedrooms
- 9
- Bathrooms
- 8 full
- Interior
- 6,998 sq ft
- Year built
- 1997
- Parking
- 12
- Property type
- Single Family
- Fireplaces
- 7
- Area
- Gabriola Island
- Style
- Cottage
- Listed
- July 17, 2026
- Structure
- House
- PID
- 000-105-171
- Common interest
- Freehold
Highlights
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Hot Tub, Dishwasher, Dryer
- Heating
- Heat Pump, Baseboard heaters, Electric, Wood
- Cooling
- Air Conditioned
- Parking
- Open, RV
- Lot
- Acreage, Private setting, Irregular lot size, Other
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $7,560
- Property tax
- $467/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,177
Purchase snapshot
- List price
- $1,595,000
- Down payment
- $319,000 (20%)
- Estimated mortgage
- $1,276,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
For investors
As a rental
- Estimated rent
- $1,080 a month
- Gross yield
- 0.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.