Homes Under 500K in Sproat Lake | Lake Access & Scenic Views

Homes under $500k at Sproat Lake offer exceptional value for buyers seeking waterfront living on Vancouver Island. The Shanon Kelley Realty Group helps with buying and selling of affordable Sproat Lake properties, featuring lakefront homes, cabins, and recreational properties starting under $500,000. This pristine 25km lake destination provides year-round outdoor activities including swimming, fishing, hiking, and boating, all surrounded by mountain ranges and old growth forests. Current Sproat Lake real estate inventory includes mobile homes from $140,000, cozy lakefront cabins, and family homes with spectacular water views. Properties under $500k typically feature 1-3 bedrooms, private lake access, and peaceful settings perfect for permanent residence or vacation retreats. With Vancouver Island’s real estate market showing steady growth and benchmark prices reaching $776,500 for single-family homes, Sproat Lake represents an affordable entry point into lakefront living. The area’s residential character, combined with recreational amenities and natural beauty, makes these under $500k properties ideal for first-time buyers, retirees, or investors seeking vacation rental opportunities in one of British Columbia’s most scenic lake communities.