Lakeview Retreat with Development Potential on Shawnigan’s Southwest Shore
Just 80m from the lake, this updated two-story home sits on a 0.254-acre lot with an adjoining 0.127-acre undeveloped parcel—ideal for future build, resale, or privacy. Enjoy panoramic lake and mountain views from a 580 sq. ft. covered deck and a 370 sq. ft. patio. The main home offers 3 beds, 1 bath, vaulted ceilings, and a wood stove insert upstairs; plus a separate 1-bed, 1-bath suite below with its own entry and heat pump. Proven short-term rental history and option to purchase furnished. Modern upgrades include a metal roof (2021), heat pump (2022), deep well, and new septic pump. The fully fenced terraced garden features mature fruit trees and multiple outbuildings. Two public lake accesses are just a 1-min walk away. 35 mins to Victoria or Duncan. A rare opportunity for families, investors, or anyone seeking a lakeside lifestyle with long-term value. Perfect for families, investors, or nature lovers.
Address
1466 Mahon Rd
List Price
$1,050,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
West Coast
Area
Malahat & Area
Sub-Area
ML Shawnigan
Bedrooms
4
Bathrooms
2
Floor Area
1,924 Sq. Ft.
Lot Size
16553 Sq. Ft.
Lot Size (Acres)
0.38 Ac.
Year Built
1993
MLS® Number
1008082
Listing Brokerage
One Percent Realty Ltd.
Basement Area
None
Postal Code
V0R 2W3
Tax Amount
$4,148.00
Tax Year
2025
Features
Baseboard, Blinds, Ceiling Fan(s), Dining/Living Combo, Dishwasher, Dryer, Furnished, Heat Pump, Laminate, Oven/Range Electric, Refrigerator, Screens, Skylight(s), Storage, Vaulted Ceiling(s), Wood
Amenities
Awning(s), Balcony, Balcony/Deck, Balcony/Patio, Family-Oriented Neighbourhood, Fenced, Fencing: Full, Garden, In Wooded Area, Landscaped, Lighting, Low Maintenance Yard, Quiet Area, Recreation Nearby, Rectangular Lot, Rural Setting, Storage Shed