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 January 20, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$855,000
Min list price:
$325,000
Max list price:
$4,400,000
Avg days on market:
97
Min days on market:
3
Max days on market:
324
Avg price per sq.ft.:
$498.1
These statistics are generated based on the current listing's property type
and located in
ML Shawnigan. Average values are
derived using median calculations.