508 Pratt Rd, Gibsons BC - Land for Sale - MLS# R2974244

$1,290,000
Est. Mortgage $5,707/mo
0 sqft
35.2% price reduction
$1,290,000
$1,990,000
Est. $5,707/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 508 Pratt Road

35.2% price reduction

Exceptional 9.75 Acres of ALR Land.. Unlock the potential of this sunny, level 9.75-acre agricultural reserve in Gibsons, with 8% of the property allocated for commercial use—an ideal opportunity for a mixed farm business. Just a short walk from local amenities, shopping centre , next to cider manufacture, this location is perfect for various business ventures. The property permits one primary residence and an auxiliary dwelling, with specific restrictions on a second dwelling. Accessed via Mahan Road, the flat and cleared lot is ready for development. It features a dilapidated 60 x 24 mobile home (exempt from the manufactured home act) and a large barn, offering both challenges and opportunities.

Exterior Features

Structures Land Only

Building Details

Price $1,290,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Septic Tank, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Available, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 9.75
Lot Size Depth Feet
Lot Size Frontage 330
MLS® # R2974244
Area Sunshine Coast
Neighbourhood Gibsons & Area
City Gibsons
Postal Code V0N 1V4
Gross Taxes $3,678.75
Zoning AG

Property Timeline

Status Date Price
R2974244 / Active 03-05-2025 $1,290,000

Listed by: Sutton Group-West Coast Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Chatelech Secondary School
19.07 km
Elementary
École du Pacifique
18.77 km
Elementary
École du Pacifique
18.77 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mulgrave School
Above Average
24.97 km
9.7/10
Elementary, Secondary
Mulgrave School
Above Average
24.97 km
9.7/10

Closest Transit

Bus Stop
Pratt at Fircrest (NB)
0.36 km
Skytrain
Skytrain @ Burrard Stn
32.37 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
17.6%
No Certificate/Degree
Above Average
17.1%
Owner Occupied
Below Average
56.1%
Employment Rate
Below Average
49.1%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 508 Pratt Road

Mortgage Calculator for 508 Pratt Road

/month
Principal & Interest
Property Taxes $307
Maintenance fee 0
Financing 80% of the $1,290,000 asking price over 30 years at 4% results in approximately $5,234/month in total estimated carrying costs, $307 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $4,024/month in rental income, leaving a -$1,374/month cashflow at current carrying costs. Investors targeting break-even would need roughly 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Gibsons & Area, Gibsons

Beds Home Types Square Feet Lot Size Year Built
This Home $1,290,000
Gibsons Loading...
Gibsons & Area Loading...

Based on 28 comparable active properties in Gibsons & Area, the average asking price is $652,706. This listing is priced 97.6% above the neighbourhood average. This property is flagged as a Hot Deal (35.2% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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