Earn $350K+/Year from This Oceanfront Income Property - Denman Island Live in luxury while earning $350,000+ annually from a turnkey wellness retreat. Set on 2 spectacular acres with 200 feet of pristine oceanfront, this rare estate combines an exceptional private residence with a thriving, income-producing spa resort. The main home is architect-designed with 3 bedrooms, 3 bathrooms, soaring 25-ft vaulted ceilings, panoramic ocean views, skylights, and a chef's kitchen with high-end finishes. Elegantly updated, it offers a peaceful West Coast lifestyle with value far beyond its role in the business. A separate 2,200 sq ft guest building houses three fully equipped, private-entry suites - each featuring its own kitchen, fireplace, in-floor heating, ocean views, deck, hot tub, and cold plunge pool - perfect for spa guests or long-stay visitors. Resort-style amenities include a romantic beachfront sauna, medical-grade infrared sauna, massage and wellness studio, caretaker's cottage, EV charging station, and beautifully landscaped grounds. The Nordic spa retreat has earned recognition in BC hospitality awards and draws returning guests year-round. With strong revenue growth over several years, projected income now exceeds $350,000 with net income exceeding $250,000 - generating over a 10% return based solely on the business operation, not including the substantial value of the principal residence. An extraordinary opportunity to own a prestigious oceanfront estate that offers lifestyle, revenue, and long-term value - and pays for itself (id:4069)
Address
1901 East Rd
List Price
$2,500,000
Property Type
Business
Area
British Columbia
Sub-Area
Denman Island
Lot Size
1.93 Sq. Ft.
Year Built
1990
MLS® Number
1007012
Listing Brokerage
Saba Realty Ltd.
Postal Code
V0R1T0
Zoning
R2
Site Influences
Waterfront, View
Features
Acreage, Park setting, Private setting, Partially cleared, Other
