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
The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on January 25, 2021 5:00 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on January 25, 2021 5:00 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned