Exciting opportunity! This 40-acre Shawnigan Lake property offers endless potential. Located at the end of a cul-de-sac in an industrial area, just 1 min to the Trans-Canada Hwy & 10 mins to Langford, it features 2 dwellings w/ separate addresses: a main house & a manufactured home (rented, sep. power). Generates over $10K/month in rent! Zoned F1 Forestry, it includes approx. 20 acres of flat land & 20 acres of treed, varied terrain w/ multiple wells, a 145' drilled well (20 US GPM), excellent septic, & several building sites, some w/ water views. Not in the ALR, it’s ideal for rezoning to Light Industrial surrounding properties are L1. Enjoy trails for ATVs, 4x4s, hiking, or access to crown land & natural trails heading up-Island. Unlimited timber, rocks, & possible pit or dump site options. A private retreat or lucrative investment w/ long-term growth as Shawnigan expands. Wildlife abounds, making this property perfect for adventurous living, industrial development, or holding.
Address
687-689 Shawnigan Lake Rd
List Price
$3,750,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Malahat & Area
Sub-Area
ML Shawnigan
Bedrooms
3
Bathrooms
3
Floor Area
2,496 Sq. Ft.
Lot Size
1742400 Sq. Ft.
Lot Size (Acres)
40 Ac.
Year Built
2005
MLS® Number
984882
Listing Brokerage
Sotheby's International Realty Canada
Basement Area
None
Postal Code
V0R 2L0
Tax Amount
$7,767.97
Tax Year
2023
Features
Baseboard, Breakfast Nook, Carpet, Ceiling Fan(s), Dining Room, Dishwasher, Eating Area, Electric, F/S/W/D, French Doors, Hardwood, Jetted Tub, Screens, Tile
Amenities
Ground Level Main Floor