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5018 Spence Rd

$1,379,000

Courtenay South

Detached3 bd · 3 ba · 2,708 sqftBuilt 1989$509/sqft81 days on market

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About this home

Rare walk-on waterfront opportunity offering 60 ft of frontage on a beautiful east-facing shoreline. Set on a gently sloping 0.34-acre lot, this property enjoys stunning views of Baynes Sound looking out to Sandy Island and the Coastal Mountains. With direct beach access, and a beach front deck to take in the most amazing sunrises, you can launch your kayak, swim, or explore the shoreline and take full advantage of the waterfront lifestyle. Built in 1989, this two-level walkout home offers approximately 2700 sqft with a functional layout featuring three bedrooms and three bathrooms. The main level includes hardwood floors, a large partially covered deck, and plenty of windows to take in the ocean views. Much of the home retains its original character and components, presenting a terrific opportunity for someone to update and make it their own. Complete with a double garage, this is a special waterfront property and offers exceptional potential. For more information, please contact Christiaan Horsfall at 250-702-7150. (id:65179)

Property details

From the listing's public record.

Lot size

14,810 square feet

Year built

1989

Taxes

$7,100/yr

Zoning

Residential

View

Mountain viewOcean view

Waterfront

Waterfront on ocean

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airElectric

Lot

Southern exposureSlopingMarine Oriented

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 9, 2026

    Listed $1,379,000

    Active81 days on marketMLS 1031394
  2. Mar 2, 1992

    $237,000

    Sold122 days on marketMLS 23381

How this listing compares

Based on 39 sales in Courtenay South

Median sold

$1,220,000

Avg days on market

59 days

Avg sale-to-list

97.5%

Avg $/sqft

$484

Price per square foot

This home: $509/sqftArea average: $484/sqft

Above area average

Current market in Courtenay South

Active (same type)

16

Pending

6

All active listings

32

Months of supply

4.9

Balanced market4.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,297,000

Land

$725,000

Improvements

$572,000

Homes in Comox Valley sell at 106% of assessed value on average.

Based on 708 recent sales.

Local price trend

How Courtenay South has moved over the last decade.

527699Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 3671 Thomson Rd

    $860,000

    2 bd · 2 ba · 1,312 sqft · $655/sqft · 60 days on market

    Sold Jun 29, 2026 · 98.3% of list

  • 3407 Eagleview Cres

    $1,193,000

    4 bd · 3 ba · 2,882 sqft · $414/sqft · 40 days on market

    Sold Jun 23, 2026 · 99.6% of list

  • 4650 Kilmarnock Dr

    $1,255,000

    3 bd · 2 ba · 2,958 sqft · $424/sqft · 34 days on market

    Sold Jun 23, 2026 · 86.6% of list

  • 3830 Laurel Dr

    $1,220,000

    4 bd · 3 ba · 3,748 sqft · $326/sqft · 63 days on market

    Sold Jun 18, 2026 · 94.2% of list

  • 3775 Roy Creek Rd

    $1,180,000

    5 bd · 3 ba · 3,105 sqft · $380/sqft · 30 days on market

    Sold Jun 15, 2026 · 94.4% of list

  • 3815 Roy Creek Rd

    $1,315,000

    3 bd · 2 ba · 1,863 sqft · $706/sqft · 25 days on market

    Sold Jun 9, 2026 · 97.4% of list

  • 3839/3841 Ross Ave

    $2,075,000

    5 bd · 5 ba · 4,923 sqft · $421/sqft · 13 days on market

    Sold Jun 1, 2026 · 90.7% of list

  • 3767 Maple Lane

    $1,250,000

    2 bd · 3 ba · 2,629 sqft · $475/sqft · 59 days on market

    Sold May 29, 2026 · 96.2% of list

  • 3817 Laurel Dr

    $929,000

    4 bd · 2 ba · 2,303 sqft · $403/sqft · 29 days on market

    Sold May 28, 2026 · 97.8% of list

  • 3916 Ronald Ave

    $1,187,000

    4 bd · 4 ba · 2,937 sqft · $404/sqft · 17 days on market

    Sold May 15, 2026 · 95% of list

  • 4137 Gartley Point Rd

    $1,350,000

    3 bd · 3 ba · 2,273 sqft · $594/sqft · 70 days on market

    Sold Mar 31, 2026 · 97.2% of list

  • 3428 Rhys Rd

    $1,170,000

    3 bd · 2 ba · 2,018 sqft · $580/sqft · 119 days on market

    Sold Mar 30, 2026 · 99.6% of list

More on this listing

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