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.
Data was last updated July 21, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$986,900
Min list price:
$69,900
Max list price:
$8,995,000
Avg days on market:
60
Min days on market:
3
Max days on market:
338
Avg price per sq.ft.:
$512.09
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.