4625-4608 Lanes Rd, Cowichan Bay

$2,980,000

6 Beds
6 Baths
8,432 Sqft
6.24 Acres
0 Garage

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 (known as 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. (id:6289)

Essential Information
Listing #862696
Price$2,980,000
Bedrooms6
Bathrooms6.00
Square Footage8,432
Acres6.24
Year Built1900
TypeSingle Family
Sub-TypeFreehold
Community Information
Address4625-4608 Lanes Rd
SubdivisionCowichan Bay
CityCowichan Bay
ProvinceBritish Columbia
Postal CodeV0R1N2
Amenities
Parking Spaces9
ViewOcean view
Is WaterfrontYes
WaterfrontWaterfront on ocean
Features

Private setting, Other, Marine Oriented

Interior
HeatingOther
CoolingNone
FireplaceYes
# of Fireplaces2
Additional Information
ZoningCommercial
Office

Sotheby's International Realty Canada (Vic2)

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