
5018 Spence Rd
$1,379,000
Courtenay South
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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
Waterfront
Appliances
Heating
Lot
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 9, 2026
Listed $1,379,000
Active81 days on marketMLS 1031394Mar 2, 1992
$237,000
Sold122 days on marketMLS 23381
How this listing compares
Based on 39 sales in Courtenay SouthMedian sold
$1,220,000
Avg days on market
59 days
Avg sale-to-list
97.5%
Avg $/sqft
$484
Price per square foot
Above area average
Current market in Courtenay South
Active (same type)
16
Pending
6
All active listings
32
Months of supply
4.9
Balanced market — 4.9 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.
Local price index (normalized) · 119 months
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