Salt Spring Island Real Estate

Salt Spring Island real estate, Li Read, provides updates about market conditions and local happenings in and around the island of Salt Spring, Ganges, Pender Island, Saturna and James Island.

Luxury Yacht Charters | Pacific Northwest

Luxury Yacht Charters along the Pacific Northwest

Taconite Classic yacht

Taconite is a legend known up and down the coast as a home to modern nobility and film stars.

On board you will be treated like royalty with no expense spared.

Luxury real estate isn’t the only plentiful life’s pleasure on Salt Spring Island. There are scores of yacht charters but none have the luxury, the amenities and character of the classic yacht Taconite.

Pacific Northwest Yacht Charters are an adventure into the pristine splendor of the British Columbia coastline and the Alaska Panhandle. A yacht charter aboard the classic Taconite will be a family dream vacation they will remember for the rest of your lives.

About Taconite Classic Yacht

… she is (and has)

  • 125 feet of classic beauty
  • adorned with fine craftsmanship reminiscent of a bygone era of yacht building.
  • constructed of teak on cypress ribs, with teak decking.
  • fit to accommodate ten guests in five staterooms—including a large master suite with a head and shower en suite. Two of the guest staterooms include a head en suite, one with a shower
  • lounge with viewing windows with luxurious seating for relaxing
  • a dining room, with fine linens and wood high-backed chairs, is adorned with a intricate patterned rug and beautiful brass portholes
  • a formal dining room able to accommodate 10 guests
  • beautiful teak decks perfect for sun tanning, outdoor activities or a casual dining experience.

    Luxury Yacht Charters | Pacific Northwest

    Luxury Yacht Charters | Pacific Northwest

  • fit to accommodate ten guests in five staterooms—including a large master suite with a head and shower en suite. Two of the guest staterooms include a head en suite, one with a shower
  • lounge with viewing windows with luxurious seating for relaxing
  • a dining room, with fine linens and wood high-backed chairs, is adorned with a intricate patterned rug and beautiful brass portholes
  • a formal dining room able to accommodate 10 guests
  • beautiful teak decks perfect for sun tanning, outdoor activities or a casual dining experience.

Taconite Luxury Yacht | History

The classic 125 foot Taconite yacht was launched in 1930.

She is one of the oldest & largest and best preserved teak-hulled motor yachts, built on the West Coast in the early decades of the last century.

Commissioned by William E. Boeing, the founder of Boeing Aircraft, as a private pleasure yacht which served his family for the next 47 years. Taconite was launched in 1930.

The interior is reminiscient of a thirties luxury hotel, comprising of four staterooms, all with en-suites.

Every vacation adventure aboard the classic yacht Taconite is supported by a fully experienced crew of 5. Handpicked by Capt. Levett the number one priority on Taconite is guest safety, exemplary service and customer satisfaction. From Chef to deck hand the congenial and amiable members of Capt. Levett’s staff guarantee you will be pampered like royalty from the moment you step aboard. Every effort is made to ensure your stay on Taconite is a memorable, once in lifetime vacation experience.

Click here for full details and slide presentation of Taconite.

Salt Spring Island Canada Vacation Rentals, Retreats, Cottages & Rentals

Best Vacations in Canada?

…of course, Salt Spring Island would be the first destination of travel or weekend getaway…

Vacations on Salt Spring Island are almost as remarkable as the luxury real estate on the Gulf Islands. Certainly, market conditions (as you can read monthly) make vacationing and buying a second (or third) home in and around Saltspring a viable economic alternative.

It’s no secret that vacations can (and do) re-energize your spirit, but they are also good for the market…if you’re looking for a Northwestern Canadian adventure, here are a few getaways…

    Salt Spring Island Real Estate vacation

  • Frog Hollow Guest Cottage
  • Relax, Unwind, Rejuvenate! – located 10 minutes from town on 5 country acres, with pastures, large pond, and a 45-jet hot tub. Guests are provided with croquet, a Bocce set, and a variation on Frisbee golf to use on the grounds.

  • Salt Spring Island Spa Resort
  • Salt Spring Island Real Estate vacation

    …the perfect relaxing spa getaway from Vancouver, Seattle and Victoria! Our Spa therapists and estheticians offer a variety of treatments to soothe, relax and revitalize our guests’ tired bodies. See our online Spa Menu to book an appointment prior to your arrival.

    Salt Spring Island Real Estate vacation

  • Sky Valley Inn Bed & Breakfast
  • Sky Valley Salt Spring Island Bed and Breakfast is the island’s only luxury French country retreat on eleven acres of natural beauty. Sky Valley Inn has been rated as one of the top Salt Spring Island bed and breakfasts.

  • Salt Spring Island Real Estate vacationWetherly Inn
  • Situated in 30 acres of meadows, forest and gardens, Wetherly Inn offers an elegant, adult-oriented retreat in the heart of Saltspring Island and is the perfect choice for the discerning traveler looking to enjoy a truly relaxing and memorable vacation.

Ganges, freedom & the water-carriage

Ganges, British Columbia is an unincorporated community on Salt Spring Island in the province of British Columbia, Canada… and … you most likely will need a water-carriage (or a floatplane) to get there.

Ganges, British Colombia

Ganges, British Colombia

… of course, any city during the era of Mercantilism was considered prime real estate… as is still the case today… one doesn’t have to dig too far into The Wealth of Nations to find this out… but perhaps a lesser known fact about the harbor is…

In 1858, blacks from California were invited by British Columbia Governor James Douglas to take up land in the new colony. In the United States, many blacks were denied rights such as citizenship rights, suffrage rights, and the right to homestead land, and they saw British Columbia as a place of freedom. Upon welcoming black settlers to Saltspring Island, James Douglas distributed land to the new settlers, allowed new black citizens the right to vote, and allowed black male citizens to become part of the local militia.

of course… Adam Smith, summed up the reason coastal real estate and properties scattered about the Salt Spring Island vicinity are so sought after…

As by means of water-carriage a more extensive market is opened to every sort of industry than what land-carriage alone can afford it, so it is upon the sea-coast, and along the banks of navigable rivers, that industry of every kind naturally begins to subdivide and improve itself, and it is frequently not till a long time after that those improvements extend themselves to the inland parts of the country. A broad-wheeled waggon, attended by two men, and drawn by eight horses, in about six weeks time carries and brings back between London and Edinburgh near four ton weight of goods. In about the same time a ship navigated by six or eight men, and sailing between the ports of London and Leith, frequently carries and brings back two hundred ton weight of goods. Six or eight men, therefore, by the help of water-carriage, can carry and bring back in the same time the same quantity of goods between London and Edinburgh, as fifty broad-wheeled waggons, attended by a hundred men, and drawn by four hundred horses.*49 Upon two hundred tons of goods, therefore, carried by the cheapest land-carriage from London to Edinburgh, there must be charged the maintenance of a hundred men for three weeks, and both the maintenance, and, what is nearly equal to the maintenance, the wear and tear of four hundred horses as well as of fifty great waggons. Whereas, upon the same quantity of goods carried by water, there is to be charged only the maintenance of six or eight men, and the wear and tear of a ship of two hundred tons burthen, together with the value of the superior risk, or the difference of the insurance between land and water-carriage. Were there no other communication between those two places, therefore, but by land-carriage, as no goods could be transported from the one to the other, except such whose price was very considerable in proportion to their weight, they could carry on but a small part of that commerce which at present subsists*50 between them, and consequently could give but a small part of that encouragement which they at present mutually afford to each other’s industry. There could be little or no commerce of any kind between the distant parts of the world. What goods could bear the expence of land-carriage between London and Calcutta?*51 Or if there were*52 any so precious as to be able to support this expence, with what safety could they be transported through the territories of so many barbarous nations? Those two cities, however, at present carry on a very considerable commerce with each other,*53 and by mutually affording a market, give a good deal of encouragement to each other’s industry.

Since such, therefore, are the advantages of water-carriage, it is natural that the first improvements of art and industry should be made where this conveniency opens the whole world for a market to the produce of every sort of labour, and that they should always be much later in extending themselves into the inland parts of the country. The inland parts of the country can for a long time have no other market for the greater part of their goods, but the country which lies round about them, and separates them from the sea-coast, and the great navigable rivers. The extent of their market, therefore, must for a long time be in proportion to the riches and populousness of that country, and consequently their improvement must always be posterior to the improvement of that country. In our North American colonies the plantations have constantly followed either the sea-coast or the banks of the navigable rivers, and have scarce any where extended themselves to any considerable distance from both.

The nations that, according to the best authenticated history, appear to have been first civilized, were those that dwelt round the coast of the Mediterranean sea. That sea, by far the greatest inlet that is known in the world, having no tides, nor consequently any waves except such as are caused by the wind only,*54 was, by the smoothness of its surface, as well as by the multitude of its islands, and the proximity of its neighbouring shores, extremely favourable to the infant navigation of the world; when, from their ignorance of the compass, men were afraid to quit the view of the coast, and from the imperfection of the art of ship-building, to abandon themselves to the boisterous waves of the ocean. To pass beyond the pillars of Hercules, that is, to sail out of the Streights of Gibraltar, was, in the antient world, long considered as a most wonderful and dangerous exploit of navigation. It was late before even the Phenicians and Carthaginians, the most skilful navigators and ship-builders of those old times, attempted it, and they were for a long time the only nations that did attempt it.

Of all the countries on the coast of the Mediterranean sea, Egypt seems to have been the first in which either agriculture or manufactures were cultivated and improved to any considerable degree. Upper Egypt extends itself nowhere above a few miles from the Nile and in Lower Egypt that great river breaks itself into many different canals,*55 which, with the assistance of a little art, seem to have afforded a communication by water-carriage, not only between all the great towns, but between all the considerable villages, and even to many farm-houses in the country; nearly in the same manner as the Rhine and the Maese do in Holland at present. The extent and easiness of this inland navigation was probably one of the principal causes of the early improvement of Egypt.

Guess that’s a good explanation as to why these properties maintain their status as some of the world’s most sought after luxury real estate….

Any Way The Wind Blows & Salt Spring Island Sailing

This is a shot of the annual Round Salt Spring Sailing Race, as the fleet goes around Southey Point, from Stuart Channel, to head down Trincomali Channel and back to Ganges Village (the start of the race).

In the background, one is looking at Kuyper and Thetis Islands, and beyond them lie Valdes and Gabriola Islands.

Salt Spring Island Sailing

Round Salt Spring Sailing Race

You can see why this area is renowned as some of the best protected boating waters in the world!

This race takes place every Victoria Day weekend…this is the holiday around the third weekend in May, across Canada, and is the signal for Canadians to open up their summer cottages and be ready for the “season”.

The following weekend is the U.S. Memorial Day Weekend holiday, and Victoria, the capital city of B.C., tucked into the most southerly part of Vancouver Island, hosts the Swiftsure Race. Sailboats from Washington State, and even farther south, plus B.C. coast boaters, take part in this race. The Round Salt Spring race the previous weekend is often seen as the “shakedown” sail before the demanding and challenging Swiftsure (in Juan da Fuca Strait).

In wintry moments, it’s always nice to ponder scenes from late Spring moments…gives one heart! Summer is a-coming, right?

By the way, the local Sailing Club has races year round…Wednesday evenings in the summer season, and Sundays in the “off season” (is that a nice way of saying Winter?).

Market Analysis | December 2010 | Gulf Islands

December, 2010 | Gulf Islands | Real Estate Market Analysis

Ah…end of year “market thoughts” time….

My “thoughts” are not meant to be a stats report or a hard market analysis.

That kind of statistical analysis can be found elsewhere, such as with mls statistics or other such “numbers reporting” venues.

My thoughts are exactly that…impressions, and based on 20 + years in the real estate business, all on Salt Spring Island and on the Southern Gulf Islands, and on Southern Vancouver Island.

My impressions/thoughts, then:

Salt Spring and the Southern Gulf Islands have evolved into secondary home/discretionary marketplaces, perhaps since 1999. No one “has to” purchase on a Gulf Island; it’s always by choice. Thus, regardless of market trend in play, at any given moment, it takes time to sell an Island property. It often takes 2 and probably 3 visits, before a buyer will “act”.

The internet erased time and geography. Between 2000 and 2006, a low Canadian Dollar against the U.S. Dollar and the Euro, also made us very attractive to an investor/buyer from afar.

The first visit is usually the “discovery time” of the specific island itself. The second visit, the buyer has “chosen for” that particular island, and is now looking seriously at specific properties. If they don’t see what they “imagine“, they will come back a third time, and might even end up buying vacant land/building.

The first visit is usually the “discovery time” of the specific island itself. The second visit, the buyer has “chosen for” that particular island, and is now looking seriously at specific properties. If they don’t see what they “imagine“, they will come back a third time, and might even end up buying vacant land/building.

Since the buyers are not “local“, in the main, there are significant time lags between visits. It can take one to three years to sell a property, on any Gulf Island, and this kind of time pause is also a marker of all discretionary areas, and globally so.

Time lags, then, are involved in every sale, no matter the market trend. This is the marker of all discretionary marketplaces, and in such a marketplace the buyer is always in charge of the process.

The impact of the internet revolution has changed forever the way all business is conducted, and this is the case in sales oriented businesses, especially.

I think real estate was late to the table of change. The car industry and the stock market side of investing were totally changed by the internet’s delivery, to consumers, of easy access to information, and their shift happened five or so years before real estate noted this. The real estate industry thought it was still business as usual, for some substantial timeframe.

Now, the shift from a company or agent-centric business model, to a consumer-centric style, has profoundly affected real estate marketing choices, too.

Now, the shift from a company or agent-centric business model, to a consumer-centric style, has profoundly affected real estate marketing choices, too.

Approximately 98 percent of property searching apparently now begins on the internet, and a good 14 months before a buyer is ready to “act”. All pertinent information can be found, on regions of interest to a buyer, via the internet, and so the role of a real estate agent has profoundly changed.

The way of introducing oneself as an agent, and of marketing listings, has made an internet presence totally necessary. Specialty print media might still have a place, marginally, but less and less so…print apparently only delivers one percent of buyers, today.

If there was a transition period in marketing between 2000 and 2009, which allowed a blend of responses, it is now over. Print media no longer delivers the buyer. To use it as one’s premier means of trying to attract a buyer means that one’s efforts are doomed. The buyer isn’t “there”.

The post-internet world is now with us. What does this mean?

Technology, created to meet the demands of the wired wireless world continues to expand

…traditional emails and websites are already being transplanted by social media options.

It’s important to have a website, but the template model that has been the norm since 1999 era is seen as the box in the basement or the attic…one can go rummage around in it for deeper information, but it isn’t the “initial attractor” that it once was. Same with emails.

Twitter is not a fad, nor is texting. They are “immediacy” formats, in my opinion.

In our time famine world (no time/always time/only now time), we are always looking for shortcuts to essential information. That’s how I see Twitter.

And Facebook? Ah…that is interesting.

The “real” 21st Century, which has created the global village foreseen by Marshall McLuhan, way back in the 1970s, is also busy deleting our 20th Century idea that there was a separation between our personal and our “corporate” worlds.

Facebook, I think, is about that erasure of separation…think about those three words: “social“, “media“, “marketing“. They really do mean something, and the shift is profound for all those hybrid BG (before google) beings still out there. The AG (after google) beings know nothing else, and swim gracefully in the new global data sea.

What else did McLuhan forecast? Oh, yes…”the medium is the message” was his mantra. The technology created to answer the shift of the internet world has changed us as a species, I believe.

Twitter, Facebook, YouTube, and their kin are early responders to the shift moment of the post-internet world. More apps and options will be spawning daily to fill the craving for information.

The separation between the creator of information and the consumer of same is also continuing to blur and to mesh. Concepts such as “privacy”, “time”, “personal”, “expert” are undergoing change, too. Exciting times, indeed!

Will we end up with virtual real estate offices, and a paperless transaction process, with all information totally available on mobile devices? Yes, I think so.

In change lies opportunity!

And what of our local island market? In Fall 2009, I did project that it would take until Fall 2010 to see uptick in activity, in our secondary home marketplace.

This has indeed been the case. The activity seen in Vancouver and in Victoria, primary residence/city marketplaces, in 2009 and first half of 2010, has now arrived in rural areas. Properties listed between one and four years are now selling.

The difference? The “reluctant buyer” is starting to become active! Why? Perhaps in recognition of significant price reductions coupled with historically low interest rates? Or, might also be fear of inflation and currency instability that is driving buyers back to secondary home/discretionary purchases, in order to preserve capital? Wish we could find that lost crystal ball!

Neighbourhoods on Salt Spring Island

Salt Spring Island’s real estate and the Gulf Island’s appeal comes not only from our rich culture and natural beauty, but from the real estate of the Island’s neighbourhoods.

A sense of “community” abounds on Salt Spring Island and the neighbourhoods are no exception. In fact, quite the opposite.

Brinkworthy Place is a “planned adult community on Salt Spring Island”

Channel Ridge … in their own words:

Set Yourself to Island Time

Channel Ridge

Channel Ridge | Salt Spring Island

…Welcome to a new adventure in living. Welcome to Channel Ridge. So near yet so very different. So familiar yet still so exotic. It’s everything you’ve been looking for. Inviting. Warm. Intimate. Totally Salt Spring. Totally Gulf Island. Yet built entirely for 21st century tastes. Prepare to be fulfilled.

Magic Lake Estates
Residential development on Pender Island featuring both Lakefront and Oceanfront properties.

Maracaibo Estates