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4625-4608 Lanes Rd.

$2,980,000

Single Family Detached located in Duncan - Du Cowichan Bay, V0R 1N2

6962 sqft, 6 Beds, 6 Baths
MLS #862696 Listed by Constantin PopaSotheby's International Realty Canada (Vic2)
  • Listed On: January 8, 2021
  • Built in: 1900
  • Type: Residential
  • Exterior Features: Garden,
  • Cooling: None,
  • Heating: Other,
  • Fireplaces: 2
  • Flooring: Array
  • Basement: Full,
  • Foundation Details: Concrete Perimeter,
  • Lot Size: 6.24 acres
  • Total Parking: 9
  • Parking Features: Additional Parking, Guest, Open, RV Access/Parking,
  • Features: Marina Nearby, Private, Walk on Waterfront,
  • View: Array
  • Zoning: C4 & R2

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.

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