For Sale48d on market
137 Forest Ridge Rd
Saltspring Island, BC, V8K1W4 • V8K • Capital Regional District
$1,549,000
$722/sqft
Down payment assistance available
3Beds
3Baths
2,145Sqft
5.1 acLot
1989Built
Property DNA
Other Views
Other
Character Style
Built 1989 · 37 years of history
Outdoor Living
Balcony/Deck
1 Fireplace
Living Room · Wood Burning Stove
Special Features
Barn(s) · Workshop
Market activity
Demand and pricing signals for this listing
72 views
People checking out this listing
5 saves
Buyers have saved this home
48 days on market
Established listing
$722/sqft
Price per square foot
About this home
Single Family · Built 1989
This property offers a classic Salt Spring Island setting. It is nestled on five private, sunny, level acres with extensive green space and a pond, surrounded by Mature trees. The well built home features a welcoming country kitchen with a Pacific Energy woodstove. The kitchen opens to the eating area and family room. The upper level offers a bright living and dining combination with a fireplace, two generous bedrooms one with an ensuite and a third room that could be used as a bedroom, den or home office. The land is fenced for horses and equestrian amenities include a large riding ring, a six stall 1430 sqft barn which could be converted to a workshop, a two stall shed, paddocks and pastures. The septic field is new, and there is an RV site. Zoning allows for a guest cottage and studio adding future potential. Ideally located on the south end of the island in a desirable area, this property offers privacy, versatility and a true rural island lifestyle.”
Standout features identified
Our analysis highlights surrounded by mature trees, welcoming country kitchen, and pacific energy woodstove as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,103/month
Principal & Interest$8,037
Property Tax$1,549
Insurance$516
Down payment20% ($309,800)
3%50%
Est. 6.75% rate · 30yr fixed · $1,239,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1989
HeatingBaseboard, Electric, Wood
CoolingNone
Parking1 Carport space
Lot5.13 Acres
Days on Zillow48 Days
Price/sqftC$722
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCharacter
ConditionContact List Licensee
Year built1989
Systems
HeatingBaseboard, Electric, Wood
CoolingNone
RoofFibreglass Shingle
ConstructionFrame Wood
Water / SewerWell: Drilled
Parking & Outdoor
ParkingCarport, RV Access/Parking
BasementCrawl Space
Fireplaces1
FencingPartial
Lot5.13 Acres
Location & Tax
NeighborhoodV8K
ZoningResidential
Annual tax$5,184
Parcel000095206
Features & details
16 categories of property features
Interior Features
Interior
Breakfast Nook
Controlled Entry
Workshop
Appliances
Dryer
Oven/Range Electric
Refrigerator
Washer
Flooring
Mixed
Heating
Baseboard
Electric
Wood
Cooling
None
Laundry
Inside
Fireplace
Living Room
Wood Burning Stove
Windows
Bay Window(s)
Blinds
Skylight(s)
Accessibility
Accessible Entrance
Exterior Features
Exterior
Water Feature
Parking
Carport
RV Access/Parking
Construction
Frame Wood
Patio & Porch
Balcony/Deck
Lot Features
Acreage
Cleared
Landscaped
Park Setting
Pasture
Private
Rural Setting
Southern Exposure
Views
Other
Other Structures
Barn(s)
Workshop
Room details
1 room detailed
Kitchen
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market48
Est. rent$4,608/mo
Price/sqft$722
On marketFeb 15, 2026
PostedFeb 15, 2026
MLS updatedApr 3, 2026
Tour days6
Views72
Favorites5
How are the schools in Saltspring Island?
2 schools rated nearby
Location
Saltspring Island, BC, V8K1W4
Price history
1 event
DateEventPrice$/sqftSource
Feb 15, 2026Listed For Sale$1,549,000$722VIVA
Listed For Sale$1,549,000
Feb 15, 2026•$722/sqft•VIVA
Nearby homes
Neighborhood details
Local context around this listing
Saltspring Island, BC • Capital Regional District
Nearby cities
Central SaanichColwoodEsquimaltLangfordNorth SaanichOak BaySaanichSidney
Nearby zip codes
V8K
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Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
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