Address
4625-4608 Lanes Rd Cowichan Bay, BC
Price
$ 2,980,000
Property Attributes
  • ML#862797
  • TypeSingle Family
  • CityCowichan Bay
  • NeighbourhoodCowichan Bay
  • Postal CodeV0R 1L0
  • Style
  • Price$ 2,980,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6.24 Acres
Listing Provided Courtesy Of:
Sotheby's International Realty Canada (Vic2)
Property Description

Development opportunity or your grand estate! Rare and spectacular oceanfront in Cherry Point, Vancouver Island! Approx. 40K gross annual rental income from 6 units to help offset costs while planning your next step. Value is mostly in land. Two separate titles of 6.24 acres combined (from BC Assessment) and 318 feet of unique ocean front. One lot offers 4.99 acres zoned C4 Tourist Commercial and the other one has R2 zoning. There are 4 small cabins and 2 homes currently being used as month to month rentals. The main residence (known as Wilcuma Lodge) is in need of extensive updating. This 6,962 sq. ft. Maclure designed home features 10 foot ceilings, wood flooring and endless ocean vistas. These two lots allow for a terraced development that will have brilliant water views from every angle. Extraordinary property located moments away from the seaside village of Cowichan Bay, close to shopping, schools. restaurants, marina and golf courses. No heritage designation. GST applies. Next door, Cherry Point Marina also for sale. (id:7434)

General Features

Building Type Commercial Mix
Features Acreage, Other, Marine Oriented
More Information Link https://www.realtor.ca/real-estate/22715429/4625-4608-lanes-rd-cowichan-bay-cowichan-bay
Neighbourhood Cowichan Bay
Property Type Other
Zoning Description C4 & R2
Zoningtype Unknown

Interior Features

Building Fireplace Present False

Exterior Features

Parking Space Total 9
Viewtype Mountain view, Ocean view
Water Front Type Waterfront on ocean

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


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Property vs Postal Code Average in V0R 1L0

Price
AVG $2.98M
$2.98M