Lakeview Retreat with Development Potential on Shawnigan’s Southwest Shore
Just 80m from the lake, this updated two-story home sits on a 0.254-acre lot with an adjoining 0.127-acre undeveloped parcel—ideal for future build, resale, or privacy. Enjoy panoramic lake and mountain views from a 580 sq. ft. covered deck and a 370 sq. ft. patio. The main home offers 3 beds, 1 bath, vaulted ceilings, and a wood stove insert upstairs; plus a separate 1-bed, 1-bath suite below with its own entry and heat pump. Proven short-term rental history and option to purchase furnished. Modern upgrades include a metal roof (2021), heat pump (2022), deep well, and new septic pump. The fully fenced terraced garden features mature fruit trees and multiple outbuildings. Two public lake accesses are just a 1-min walk away. 35 mins to Victoria or Duncan. A rare opportunity for families, investors, or anyone seeking a lakeside lifestyle with long-term value. Perfect for families, investors, or nature lovers.
Data was last updated July 22, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
87
Avg list price:
$999,900
Min list price:
$69,900
Max list price:
$8,995,000
Avg days on market:
62
Min days on market:
1
Max days on market:
340
Avg price per sq.ft.:
$529.48
These statistics are generated based on the current listing's property type
and located in
ML Shawnigan. Average values are
derived using median calculations. This data is not produced by the MLS® system.