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British Columbia

Malcolm Island Real Estate

3 homes for sale • Median $599,000

3Active Listings
$599,000Median Price
30Avg Days on Market
1Detached1Leasehold

Explore Malcolm Island

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Prices, trends, DOM
Cost of Living
Housing, rent & expenses

Homes for Sale in Malcolm Island

3 properties available

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101 Mitchell Bay Road

$949,000

101 Mitchell Bay Road

Malcolm Island, British Columbia

2bed2bath1,708sqft
480 & 500 1st Street

$599,000

480 & 500 1st Street

Malcolm Island, British Columbia

LT 15 Mitchell Bay Road

$435,000

LT 15 Mitchell Bay Road

Malcolm Island, British Columbia

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About Malcolm Island Real Estate

Malcolm Island, located off the northeastern coast of Vancouver Island, is a hidden gem in British Columbia's archipelago. With a rich history tied to Indigenous culture and early settler communities, this island exhibits a unique blend of natural beauty and maritime heritage. Originally inhabited by the Kwakwaka'wakw people, the island's name pays homage to the Scottish heritage of early settlers. Today, Malcolm Island is known for its charming rural character, where residents enjoy a slower pace of life surrounded by stunning landscapes and ocean views. The island's economy has traditionally been reliant on fishing, forestry, and tourism, with a growing focus on sustainable practices that honor the local ecology.

The community is anchored by the small village of Sointula, a name derived from the Finnish word for 'place of harmony.' This vibrant community is characterized by its artistic spirit, with many local artisans and craftspeople calling Malcolm Island home. Visitors and residents alike can explore the island's unique history at the Sointula Museum, which showcases the settlement's Finnish roots. The island’s coastal scenery, diverse wildlife, and outdoor recreational opportunities make it a haven for nature enthusiasts, while its quiet charm appeals to those looking to escape the hustle and bustle of city life.

Malcolm Island also boasts an array of local events and festivals that celebrate its rich cultural heritage, such as the Sointula Arts Festival, which draws artists and visitors from near and far. With only one active listing currently on the market at a median price of $435,000, the real estate landscape here is competitive but offers an attractive entry point for those seeking a unique lifestyle in a picturesque setting.

1 active listings with a median price of $435,000.

Lifestyle & Community

Living on Malcolm Island offers a tranquil lifestyle deeply connected to nature. Residents enjoy a close-knit community where neighbors know each other and share a common appreciation for the island's natural beauty. The local culture is vibrant, with art galleries, workshops, and community events fostering a sense of belonging. The island’s beaches, forests, and trails create an outdoor paradise, ideal for hiking, kayaking, and wildlife watching. Regular community events, such as seasonal markets and cultural festivals, provide opportunities for socializing and celebrating the island's unique heritage.

Local Amenities

  • Sointula Village Market
  • Sointula Museum
  • Sointula Community Centre
  • Malcolm Island Marina
  • Local art galleries
  • Public parks and beaches
  • Community gardens
  • Cafés and restaurants featuring local cuisine
  • Library and educational resources
  • Fishing and boating facilities
  • Access to hiking trails
  • Wildlife viewing opportunities

Points of Interest

  • Sointula Museum
  • Malcolm Island Marina
  • Broughton Archipelago Provincial Park
  • Cranberry Marsh
  • Sointula Arts Festival
  • Local beaches including Rose Bay
  • Scenic hiking trails
  • Wildlife viewing spots
  • Historical sites related to Finnish settlement
  • Fishing and boating excursions

Market Overview

The current real estate market on Malcolm Island is characterized by a limited supply of listings, with only one active property available at a median listing price of $435,000. This reflects a trend of increased interest in rural and coastal living, particularly among buyers seeking a peaceful retreat from urban centers. The island's unique charm and community-oriented lifestyle make it an attractive option for those looking for a primary residence or a vacation home. Buyers should be prepared for competitive conditions as demand for properties in this picturesque locale continues to rise.

Investment Outlook

Malcolm Island presents a compelling investment opportunity, particularly for those interested in the burgeoning tourism sector. With its stunning natural landscapes and unique cultural offerings, the island is increasingly becoming a destination for visitors seeking outdoor adventures and relaxation. The rental market is also gaining traction, with potential for vacation rentals catering to tourists. With ongoing interest in sustainable tourism and eco-friendly developments, investors may find opportunities to develop properties that align with these trends, ensuring a promising future on the island.

Ideal For

Malcolm Island is ideal for first-time buyers, retirees, and those seeking a second home or vacation property. The community's tranquil environment and artistic vibe attract individuals looking for a slower pace of life. Investors interested in rental properties will also find opportunities here, given the island's growing tourism sector.

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Detached Homes(1)Detached Homes Under $500KDetached Homes Under $750KDetached Homes Under $1M
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Nearby Cities

Alert Bay

Frequently Asked Questions About Malcolm Island

There are currently 3 active residential listings in Malcolm Island. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.

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Oakwyn Realty Ltd.

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