Homes Under 500K in Mill Bay BC | Updated Listings & Insights

Finding homes under $500k in Mill Bay, Vancouver Island requires expert local knowledge and access to current market inventory. The Shanon Kelley Realty Group helps with buying and selling of affordable Mill Bay real estate, helping buyers discover hidden gems in this sought-after waterfront community. With benchmark prices for single-family homes reaching $776,500, properties under $500k represent exceptional value opportunities including condos, townhomes, and starter homes. Our team understands Mill Bay’s unique market dynamics, from waterfront properties near Mill Bay Marina to family-friendly neighbourhoods within walking distance of local amenities. We provide comprehensive MLS search tools, detailed property information, and personalized guidance to help you secure the perfect home within your budget. Whether you’re a first-time buyer, investor, or looking for a vacation retreat, Mill Bay offers diverse housing options under $500k. Our local expertise ensures you won’t miss opportunities in this competitive market where inventory remains low and buyer demand stays strong. Let us help you navigate Mill Bay’s real estate landscape and find your ideal home under $500k.