490 Rainbow Rd | $790,000 | MLS® 1033701
Mike Pearce* Agent Photo
Mike
Pearce*
P. (778) 433-8885
 Phone Mike
ENGEL & VOLKERS VANCOUVER ISLAND
735 Humboldt St
 Victoria, BC
 Canada V8W 1B1
MLS® 1033701

Details

%
Years (35 year max)
Years



Address 490 Rainbow Rd
AreaGulf Islands
Sub AreaSalt Spring
State/ProvinceBritish Columbia
CountryCanada
Price$790,000
Property TypeSingle Family
Bedrooms1
Bathrooms2
Floor Space1257 Square Feet
Lot Size110206.80 Square Feet
WaterfrontNo
Year Built1971
Taxes $2,669
Tax Year2025
MLS® #1033701

Level, sun-drenched 2.53-acre property offering a rare blend of privacy, productivity, and proximity to town. The property features a charming cottage and separate studio—ideal for guests, creative space, or extended family. Multiple fenced garden areas with raised beds invite a self-sufficient lifestyle, complemented by established fruit trees including plum, fig, and mature grape vines. A peaceful forested backdrop with a year-round creek provides a licensed water source, enhanced by a new pump, pump house, water treatment system, and updated lines (2023). Gently usable land with excellent sun exposure in a quiet setting just minutes to Ganges. An exceptional opportunity to enjoy the Salt Spring Island lifestyle.

Listed by EXP REALTY

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About

Mike* has been in the top 1% of all Realtors in Greater Victoria from 2011 to 2016 in total number of condos and townhouses sold. He is also in the Victoria Real Estate Board’s MLS Awards’ Club as a multiple Gold Award winner, and in 2015, Mike was awarded the prestigious MLS Special Gold Award for his high standard of excellence throughout his career. 

Being born and raised in Victoria has given Mike a vast knowledge base to educate his clients on the historical market growth and on today’s current demographics. Mike’s experience in and knowledge of depreciation reports, strata bylaws, regulations, strata plans and fees, engineer’s reports, and remediation and special assessments comes from his extensive portfolio of business and in-depth studies of hundreds of strata buildings in the city. 

Mike and his family have a big love for the island and the outdoors, and, when Mike isn’t working, you can find them on the slopes, golfing, camping, or exploring the many amazing hiking trails. Mike is also a past professional golfer with over 60 wins worldwide and is a proud member of the Gorge Vale Golf Club and sponsor of the Island Professional Golf Tour. 

*Mike Pearce Personal Real Estate Corp.