Scarlet Ibis Pub Price Drop in Remote Holberg

0:00It's March 27th. Welcome in. This is Vancouver News Today, where local news meets AI. I'm Corey with the story. Housing prices across British Columbia stay sky high, but that's not the case everywhere. Take the scarlet Ivo's pub in the tiny village of Holberg. It hit the market last year for $889,000, but just weeks ago, the price dropped $100,000 to $789,000. It exits at the northwestern tip of Vancouver Island, with only about 15 full-time residents. It's far from any highway or big town, tucked near San Jose Bay in Cape Scott Park. The spot draws hikers and tourists, exploring the island's wild north end. It's a waterfront pub, complete with owner living space and adventure cabins for visitors. The business opened back in the 1970s. A group of friends snapped it up in 2020 when it was struggling, and they added those cabins to boost appeal. Even with its unique charm as a gateway to stunning natural areas, the scarlet Ivo's remains on the market, waiting for the right buyer in this remote corner.