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400 Fernhill Rd
GI Mayne Island Mayne Island V0N 2J0

$2,498,000
Commercial Sale built: 1901

Main Photo: 400 Fernhill Rd in Mayne Island: GI Mayne Island Other for sale (Gulf Islands)  : MLS®# 997979
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
997979
Year Built:
1901
Springwater Lodge is an exquisite historical waterfront property nestled in the heart of Miners Bay on Mayne Island. Spanning 1.77 acres, this estate features a historic lodge with a restaurant and bar, complemented by two recently upgraded detached duplex cabins on the waterfront. Positioned mere steps from the Government dock accomodating float planes and boats, the property holds significant potential, allowing for the development of up to 26 accommodation units. Offering breathtaking views on this remarkable island, this opportuity is must-see.
Property Type:
Commercial Sale
Type:
Other
Commercial Type:
Building, Business, Land
Year built:
1901 (Age: 124)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
GI Mayne Island, Gulf Islands
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.77 acre(s)
Taxes:
Building Features:
Basement, Fire Alarm, Fire Sprinklers, Kitchen/Staff Room, Parking, Public Restroom(s), Shopping Nearby
Construction:
Wood
Electricity:
Yes
Number of Storeys:
3
Ceiling Heights:
Floor finish:
Laminate, Tile
Total Building Area:
2,000 sq. ft.
Commercial Area:
Water supply:
Well: Drilled
Sewer:
Septic System
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Balcony/Patio, Sign: Allowed
Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Vacant
Utilities:
Cable Available, Electricity Available, Electricity Connected, Garbage, Natural Gas Available, Natural Gas Connected, Recycling
Lot Site Features:
Acreage, Central Location, Marina Nearby, Private, Shopping Nearby
Parking Features:
On Site
Business Name:
Spring Water Lodge
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
May 01, 2025
Original Price:
2498000.0
  • Photo 1: 400 Fernhill Rd in Mayne Island: GI Mayne Island Other for sale (Gulf Islands)  : MLS®# 997979
    Photo 1 of 1
Listed by RE/MAX WESTCOAST
Data was last updated July 31, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,390,000
Min list price:
$165,000
Max list price:
$19,800,000
Avg days on market:
254
Min days on market:
54
Max days on market:
879
These statistics are generated based on the current listing's property type and located in Gulf Islands. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.