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4625-4608 Lanes Rd Cowichan Bay ( British Columbia, CA - V0R 1L0) Built

$2,980,000

Sotheby's International Realty Canada

Constantin Popa Constantin Popa 877 530 3933 (Office) 250 709 1077 (Cell) Request More Info

  • Type: Commercial
  • Style: Mixed Use, Commercial Sale
  • Garage: "Total Parking: 9"
  • Lot Size: 6.24 acres
  • Taxes: $14,378.00 (2020)
  • MLS ® #: 862797

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.

Highlights

  • Restrictions: ALR: No
  • Parking on Site: Yes, Parking Total : 9
  • Lot Features: Entry Location: Main Level
  • Lot Features: Property Access: Road: Paved
  • Lot Features: Acreage, Easy Access, Marina Nearby, Rural Setting, Shopping Nearby, Walk on Waterfront, Waterfront Features: Ocean
  • Sewer/Water Systems: Sewer: Septic System
  • Sewer/Water Systems: Water: Well: Drilled
  • View: Mountain(s), Ocean
Brokered and Advertised by : Sotheby's International Realty Canada (Vic2)
P2#1341573451
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Information is deemed to be correct but not guaranteed.

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