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SL 1 – 4275 Island Highway
Campbell River · Vacant Land
Listed by PG Direct Realty Ltd. · MLS® 1032464
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Sign inAbout this home
Visit REALTOR® website for additional information.Dreaming of Your Own Oceanfront Fresh Air Experience? Welcome to 10 gorgeous acres of oceanfront bliss! This stunning property offers breathtaking ocean views and is perfectly located between Courtenay and Campbell River. Here you can enjoy all that mother nature has to offer. This executive property features numerous excellent building sites, making it ideal for creating your dream home. A tested water well is capable in excess of 20 gallons per minute of good quality water, ensuring ample supply for all your needs. The land is nicely treed with a mix of large second growth fir, alder, maple, poplar, and willow, adding to its natural charm. This property is currently zoned RRC-1; two single family dwellings with secondary suites can be built as well as accessory buildings up to 20,000 square feet in total. This zoning allows for 5 acre lots. Additionally, there is potential for creating a man-made pond, enhancing the already picturesque landscape. A short, level driveway provides easy access, and all essential services, including gas, hydro, high-speed internet, and telephone, are available at the property line. This is your chance to own a piece of paradise where you can enjoy oceanfront living and pursue your passions. The main road is a bare land strata. Vendor financing may be available. Lot is fee simple title with the common road being a bare land strata.
Home facts
- Property type
- Vacant Land
- Area
- Campbell River South
- Listed
- April 17, 2026
- PID
- 032-873-476
- Common interest
- Condo/Strata
Highlights
- Ocean view
- Mountain view
- Waterfront
Features and inclusions
- Lot
- Acreage, Level lot, Private setting, Wooded area, Other
- Community
- Family Oriented
Rooms and building
- Water
- Zoning
- Rural 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
- $5,209
- Property tax
- $317/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,676
Purchase snapshot
- List price
- $1,099,000
- Down payment
- $219,800 (20%)
- Estimated mortgage
- $879,200
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $7,001
- At 6.3701 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,036 a month
- Gross yield
- 1.1%
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 · 58%
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.