Bulman Rd

Saltspring Island | British Columbia

Lake Cottage

Simple Pleasures

View Photos Watch Film 360° VTour Open House

Randee Wilson

Presented At

$1,495,000

Bedrooms

Bathrooms

Living

2,900

SQFT

185 Bulman Rd, Saltspring Island, British Columbia, Canada. - Photo 1

185 Bulman Rd, Saltspring Island, British Columbia, Canada. - Photo 2

185 Bulman Rd, Saltspring Island, British Columbia, Canada. - Photo 3

185 Bulman Rd, Saltspring Island, British Columbia, Canada. - Photo 4

185 Bulman Rd, Saltspring Island, British Columbia, Canada. - Photo 5

185

Bulman Rd

Saltspring Island | British Columbia

185 Bulman Rd, Saltspring Island, British Columbia, Canada. , Saltspring Island , British Columbia

5.84 Acres on Salt Spring Island

On a sweet 5.84 acre property in Salt Spring’s pastoral south end is this unique compound, comprising a contemporary, light-filled main home, converted barn, and guest cottage, all having had considerable recent upgrades and improvements. The main 4 bedroom, 2 bathroom house can only be described as having a true west coast aesthetic, with warm wood finishes (beams, ceilings, windows/doors), light-filled open spaces, handsome dark hardwood floors, an atrium/sunroom running the full length of the house, and soaring vaulted ceilings. Central in the main living space, a custom Bulthaup modular kitchen includes a 6 burner Wolf range, high end appliances, and stainless steel countertops. Bathrooms are spacious and modern. The property features an orchard of hazelnut, walnut, apple, pear, quince, and cherry trees, and a sizeable greenhouse. Guest cottage and barn enjoy a separate driveway entrance affording privacy to all.

Property

3D Street View Tour

Property Location

185 Bulman Rd, Saltspring Island, British Columbia, Canada., Saltspring Island British Columbia

Local Weather & Climate

Saltspring Island, British Columbia

Current Conditions Updated recently

44 °F

Broken clouds

Feels Like 39°F

Humidity 62%

Wind 8 mph

Visibility 6.2 mi

Sunrise 2:26 PM

Sunset 2:18 AM

5-Day Forecast

Sun 15 Mar

Clouds

High 44°

Low 44°

Mon 16 Mar

Rain

High 44°

Low 37°

Tue 17 Mar

Rain

High 48°

Low 45°

Wed 18 Mar

Rain

High 48°

Low 47°

Thu 19 Mar

Rain

High 50°

Low 47°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Saltspring Island?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,495,000

185 Bulman Rd, Saltspring Island, British Columbia, Canada.

Saltspring Island, British Columbia

4 Beds

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Market Opinion

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Our perspective on current market conditions in Saltspring Island. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $149,500,000 20% down ($29,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$12,847/day

Your home may appreciate while you sleep

$90,173/week $390,748/mo $4,688,973/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$82.3M

+$116.7M

$116.7M Potential Equity

vs $82.3M lost to rent over 10 years

$29.9M Down Payment Growth

3.9x

10yr

$116.7M

8.1x

20yr

$241.6M

12.6x

30yr

$377.6M

Wealth Comparison

×899

Equivalent to 899 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $377.6M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $176.1M +18%

Market $203.6M +36%

Optimistic $234.9M +57%

$116.7M est. equity

20 Years

Conservative $207.3M +39%

Market $277.3M +85%

Optimistic $369.2M +147%

$241.6M est. equity

30 Years

Conservative $244.2M +63%

Market $377.6M +153%

Optimistic $580.2M +288%

$377.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 185 Bulman Rd, Saltspring Island, British Columbia, Canada have?

This house at 185 Bulman Rd, Saltspring Island, British Columbia, Canada features 4 bedrooms with 2,900 square feet of living space.

What is the size of 185 Bulman Rd, Saltspring Island, British Columbia, Canada?

This property offers 2,900 square feet of living space.

What is the listing price for 185 Bulman Rd, Saltspring Island, British Columbia, Canada?

This property is listed at $149,500,000, which equals $51552 per square foot.

Is now a good time to buy a home in Saltspring Island?

Based on current market indicators, Saltspring Island shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 185 Bulman Rd, Saltspring Island, British Columbia, Canada?

This is a house located in Saltspring Island, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: