07/29/2012 11:03 EDT | Updated 07/29/2012 11:04 EDT

House Of The Week: Pym Island Estate A Boater's Paradise In A Hippie Haven

Li Read

It may just be that we in Canada are getting used to outrageously high real estate prices, but this five-acre private island estate seems like an absolute steal at $5.6 million.

It’s in the southern part of British Columbia’s Gulf Islands, the archipelago that separates Vancouver Island from the mainland and is famously known as a hippie haven, from Vietnam War era, when American draft dodgers settled the area. Admittedly, an odd place for a bourgeois palace, but a world-famous place to go boating.

Besides four bedrooms, four baths, a stunning dining room and indoor pool, the property features four separate cottages that realtor Li Read describes as “high-end rustic.”

Records of the home’s origins have apparently been lost (those lazy hippies!), but Read believes the house was built in the 1970s by a concert pianist who spent his time travelling the world.

The place is obviously more of a weekend retreat than a suburban commuter home, but Read says the property isn’t as isolated as you might think -- the house comes with two boats, and it’s even connected to the province’s electrical grid.

Photo gallery Pym Island Oceanfront Estate See Gallery