Waterfront - Fixer Upper - Golf Course
Address
4625-4608 Lanes Rd Cowichan Bay, BC
Price
$ 2,980,000
Property Attributes
  • MLS#862696
  • TypeSingle Family
  • CityCowichan Bay
  • AreaDuncan
  • NeighbourhoodDu Cowichan Bay
  • Postal CodeV0R 1N2
  • StyleSingle Family Detached
  • Year Built1900
  • Taxes14378
  • Price$ 2,980,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage6962
  • Lot Size6.24 Acres
Listing Provided Courtesy Of:
Sotheby's International Realty Canada (Vic2)
Property Description

Development opportunity or your private 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 (Wilcuma Lodge) is in need of extensive updating. This 6,962 sq. ft. Maclure designed home ( no heritage designation ) 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. GST applies.

General Features

Construction Materials Wood
Cooling None
Flooring Wood
Heating Other
Pets Allowed Y/N Aquariums, Birds, Caged Mammals, Cats, Dogs, Yes
Property SubType Single Family Detached
Property Type Residential
Roof Asphalt Shingle
Sewer Septic System
View Ocean
Zoning C4 & R2
Zoning Type Commercial

Interior Features

Basement Full
Basement Height Feet 7
Basement Y/N Yes
Bath 2 Piece Total 2
Bath 3 Piece Total 2
Bathrooms Count Main Level 2
Bathrooms Count Second Level 2
Bed And Breakfast Potential
Bedrooms Count Lower Level 2
Bedrooms Count Second Level 2
Bedrooms Or Dens Total 4
Building Area Unfinished 1470.00
Fireplace Yes
Fireplace Features Wood Burning
Fireplaces Total 2
Kitchens Count Main Level 1
Laundry Features Other
Levels In Unit 3
Living Area 6962.00
Living Area Lower 2270.00
Living Area Main 2451.00
Living Area Second 2241.00
Total Kitchens 1
Total Units 6

Exterior Features

Building Area Total 8432.00
Exterior Features Garden
Foundation Poured Concrete
Lot Description Marina Nearby, Private, Walk on Waterfront
Lot Size Acres 6.24
Lot Size Square Feet 271814.40
Parking Features Additional, Guest, Open, RV Access/Parking
Parking Total 9
View Yn Yes
Water Source Well: Drilled
WaterFront Features Ocean
Waterfront Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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

Property vs Postal Code Average in V0R 1N2

Price
AVG $1.53M
$2.98M
Taxes
AVG $7,840
$14,378
Visits
AVG 8
26
Year Built
AVG 1979
1900

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.