5898 Race Point Rd, Campbell River, British Columbia, Canada. - Hero Image
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5898
Race Point Rd
Campbell River | British Columbia

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Erik Clevering
Erik Clevering
Presented At
$1,207,184
Bedrooms
3
Bathrooms
3
Living
2,507
SQFT
Fireplace
Office
High Ceiling
Stone Countertops
Washer Dryer
Kitchen island
Laundry Room
Basement
Gas Stovetop
Terrace
Garage
Parking
Garden
Balcony
Fire Pit
Water View
Waterfront
Ocean View
Oceanfront
Mountain View
Modern
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5898 Race Point Rd, Campbell River, British Columbia, Canada. , Campbell River , British Columbia

Luxury living custom-built contemporary home w/ocean views!

Outstanding ocean views of Seymour Narrows captivate from this beautifully designed, custom built contemporary home—offering luxury living in a serene, natural setting. This quiet, highbank oceanfront property features breathtaking, everchanging marine vistas from an open concept kitchen and living room that flow seamlessly onto a spacious outdoor deck. A handcrafted circular fir staircase invites you to the upper floor, where the primary bedroom boasts a private balcony, two walk-in closets, and a grand ensuite with soaker tub and steam shower. The upstairs also features a second bedroom and 3-piece bathroom. On the main floor, a second primary bedroom includes a 4-piece cheater ensuite and access to a lovely patio, perfect for guests or as an office. The walk out basement, two car garage with workshop area, and ample driveway parking for vehicles and an RV add function to form. Race Point is private, prestigious, and just 15 minutes north of downtown Campbell River and its amenities.

Gallery

3D Street View Tour

Map showing 5898 Race Point Rd, Campbell River, British Columbia, Canada.

Property Location

5898 Race Point Rd, Campbell River, British Columbia, Canada., Campbell River British Columbia

Local Weather & Climate

Campbell River, British Columbia

Current Conditions Updated recently
28 °F
Broken clouds
Feels Like 28°F
Humidity 86%
Wind 2 mph
Visibility 6.2 mi
Sunrise 3:26 PM
Sunset 1:44 AM
5-Day Forecast
Thu 19 Feb
Clouds
High 35°
Low 17°
Fri 20 Feb
Clouds
High 35°
Low 22°
Sat 21 Feb
Snow
High 39°
Low 31°
Sun 22 Feb
Snow
High 35°
Low 33°
Mon 23 Feb
Rain
High 37°
Low 35°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Campbell River?

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

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
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.

Market Opinion

Our perspective on current market conditions in Campbell River. 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.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $120,718,400 20% down ($24,143,680)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$10,373
$10,373/day
Your home may appreciate while you sleep
$72,813/week $315,521/mo $3,786,256/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
RENT 💸 -$66.4M
vs
OWN 📈 +$94.2M
$94.2M Potential Equity
vs $66.4M lost to rent over 10 years
$24.1M Down Payment Growth
3.9x
10yr
$94.2M
8.1x
20yr
$195.1M
12.6x
30yr
$304.9M
Wealth Comparison
×726
Equivalent to 726 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $304.9M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $142.2M +18%
Market $164.4M +36%
Optimistic $189.7M +57%
$94.2M est. equity
20 Years
Conservative $167.4M +39%
Market $223.9M +85%
Optimistic $298.1M +147%
$195.1M est. equity
30 Years
Conservative $197.2M +63%
Market $304.9M +153%
Optimistic $468.5M +288%
$304.9M est. equity

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

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

Frequently Asked Questions

Common questions about this property

This house at 5898 Race Point Rd, Campbell River, British Columbia, Canada features 3 bedrooms with 2,507 square feet of living space.
This property offers 2,507 square feet of living space.
This property is listed at $120,718,400, which equals $48153 per square foot.
Based on current market indicators, Campbell River shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Campbell River, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Erik Clevering

Erik Clevering

Engel & Völkers Courtenay

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