Sellers are motivated. Priced $54,000 BELOW assessed value! Unlock the income potential of this stunning walk-on waterfront estate on Quadra Island's south end. Built by Quadrate Ventures in 2002, this quality home offers majestic mountain and ocean views, high-efficiency ICF construction, a concrete tile roof, radiant in-floor heating, heat pump, generator readiness, and two 200-amp panels. The main home features a dramatic post-and-beam great room with soaring vaulted ceilings, a wall of windows, rock fireplace, and main-level primary suite with walk-in closet and full ensuite. Enjoy a sprawling wraparound deck overlooking a private 1-acre property where whales, seals, otters, and eagles are frequent visitors. Generate passive income with two self-contained suites: a walk-out suite in the main home and a studio suite above the detached garage/workshop. Ideal for remote work, multi-generational living, retirement, or investment, all just minutes from amenities and the ferry.