We just found your DREAM HOME! 5-bed, 4-bath modern country home plus a fully permitted 4-suite carriage home on 5 private acres in Shawnigan Lake — a rare Vancouver Island estate offering luxury family living, multi-generational flexibility & strong rental income on a single title. The 4,082 sqft main residence features 10-ft & vaulted ceilings, wide-plank floors & a chef's kitchen w/ stone counters, stainless appliances, large island & walk-in pantry. Main floor opens to a stone fireplace great room, formal dining, family room, den, mudroom, full bath & laundry — built for entertaining & everyday family living. Spa-inspired primary ensuite, generous secondary bedrooms & a self-contained in-law suite easily connected to the main home. The new 2,644 sqft carriage home delivers 4 identical 2-bed/1-bath suites, each w/ private entry, deck, full kitchen, in-suite laundry, dedicated parking, on-demand hot water & forest outlooks — currently generating $7,200/mo, w/ total property revenue potential of $14,000/mo. Major upgrades include 2 heat pumps, 2 furnaces, new septic, dual UV water system, new cistern, electrical upgrade, refreshed decks, fencing, landscaping, vegetable garden, pond & 2-car garage plus ample parking. Surrounded by mountain peaks & old-growth forest, minutes to Shawnigan Lake, hiking trails, ocean access & Mill Bay village, w/ quick highway access to Victoria, Langford & Duncan. Close to Shawnigan Lake School & Brentwood College, and an easy commute to BC Ferries & Victoria International Airport. A peaceful West Coast lifestyle property on Southern Vancouver Island offering privacy, proven cash flow, modern comfort & room to grow — ideal for multi-generational families, investors or buyers seeking a turnkey country estate w/ revenue in the heart of Shawnigan Lake. TOO MUCH TO MENTION HERE. PLEASE SEE OUR BROCHURE or call to book your private viewing 250-588-4259
Address
319 Stebbings Rd
List Price
$2,499,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Contemporary
Transaction Type
Sale
Area
Malahat & Area
Sub-Area
ML Shawnigan
Bedrooms
14
Bathrooms
8
Floor Area
6,742 Sq. Ft.
Lot Size
217800 Sq. Ft.
Lot Size (Acres)
5 Ac.
Year Built
2007
MLS® Number
1037133
Listing Brokerage
Oakwyn Realty Ltd.
Basement Area
Crawl Space
Postal Code
V8H 2J1
Tax Amount
$11,618.00
Tax Year
2025
Features
Bay Window(s), Blinds, Built-In Range, Cathedral Entry, Ceiling Fan(s), Closet Organizer, Dining Room, Dishwasher, Dryer, Eating Area, Electric, Electric Garage Door Opener, Forced Air, French Doors, Hardwood, Heat Pump, Insulated Windows, Microwave, Other, Oven/Range Electric, Oven/Range Gas, Propane, Propane Tank, Radiant Floor, Range Hood, Refrigerator, Screens, Skylight(s), Soaker Tub, Storage, Tile, Vaulted Ceiling(s), Vinyl Frames, Washer, Water Filters, Window Coverings
Amenities
Accessible Entrance, Acreage, Balcony, Balcony/Deck, Balcony/Patio, Cleared, Easy Access, Fencing: Full, Garden, Guest Accommodations, In Wooded Area, Landscaped, Level, Low Maintenance Yard, No Step Entrance, Primary Bedroom on Main, Private, Quiet Area, Recreation Nearby, Rural Setting, Serviced, Shopping Nearby, Southern Exposure, Water Feature, Wheelchair Friendly
