
378 Rainbow Rd
$1,775,000
Salt Spring
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About this home
Rare, and like no other property on Salt Spring Island, is where you will discover dreams come true of owning approx. 20 acres of sun soaked farmable land & walking distance to Ganges. The land has been thoughtfully planned out & their labor of love is self-evident. Revenue producing property for tradesmen and artisans; can start operating your business in this impressive spacious covered shop with storage & parking for equipment. Newly installed greenhouses with power allow you to have vegetables all year round. Regenerative Farming practices implemented with moveable fencing to allow cattle to graze throughout numerous pastures. Fenced corral and squeeze area for various livestock. Rain Water Harvesting system intelligently designed to take advantage of the rainy seasons & the added bonus of having Okano/Aske Creek run through the property & water license. Rental pads for farming help which adds additional supplemental income. Self sufficient lifestyle starts at 378 Rainbow Road. (id:65179)
Property details
From the listing's public record.
Lot size
19.72 acres
Year built
1990
Taxes
$1,214/yr
Zoning
Agricultural
Appliances
Heating
Lot
Style
Price history
7 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 30, 2026
Listed $1,775,000
Active1 days on marketMLS 1041854May 3, 2026
Listed $1,850,000
Ddf_delisted57 days on marketMLS 1033584Feb 5, 2024
Listed $1,950,000
Expired146 days on marketMLS 952107Feb 5, 2024
Listed $1,950,000
Expired146 days on marketMLS R2847580Jun 30, 2023
Listed $1,950,000
Expired173 days on marketMLS 935668Jun 30, 2023
Listed $1,950,000
Expired173 days on marketMLS R2797585Nov 1, 2021
$1,100,000
Sold54 days on marketMLS 878587
How this listing compares
Based on 99 sales in Salt SpringMedian sold
$1,035,000
Avg days on market
84 days
Avg sale-to-list
94.7%
Avg $/sqft
$556
Price per square foot
Above area average
Current market in Salt Spring
Active (same type)
96
Pending
19
All active listings
170
Months of supply
11.6
Buyer's market — 11.6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$276,000
Homes in Gulf Islands sell at 103.8% of assessed value on average.
Based on 156 recent sales.
Local price trend
How Salt Spring has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
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Interested in this home?
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