1466 Mahon Road, Shawnigan Lake, BC | For Sale by Owner
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1466 Mahon Road, Shawnigan Lake, BC V0R 2W3

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Overview

Single-Family

Property Type

4

Bedrooms

2

Bathrooms

1,924

Home SQ.Footage

1993

Year Built

Description

Discover Your Dream Lakeview Retreat!

Welcome to a unique opportunity to own a beautifully updated two-story lakeview home on the coveted southwest side of Shawnigan Lake. Just one street back (80 metres) from the shoreline, this property offers the perfect blend of modern living and serene natural surroundings.

This exceptional property includes two lots: a 0.254-acre parcel featuring the main residence and a 0.127-acre undeveloped lot with boundless potential for future development.

 

Property Highlights

  • Breathtaking Views: Wake up to stunning east-facing lake views backdropped by the west slopes of Mount Wood and bask in the morning sun
  • Outdoor Living: Enjoy the outdoors year-round with a spacious 580 sq. ft. covered second-floor deck and a 370 sq. ft. covered first-floor patio, ideal for entertaining or unwinding.
  • Prime Location: With lake access at both ends of the street, you’re only a one-minute walk (less than 100 meters) from two public beach accesses.

 

Main House Features

First-Floor Suite (660 sq. ft.)

  • 1 bedroom, 3-piece bathroom.
  • Open-plan living, dining, and kitchen area with a cozy wood stove.
  • Climate control via baseboard heating and a modern heat pump with air conditioning.
  • Easy access to the 370 sq. ft. covered patio.

Second-Floor Suite (1264 sq. ft.)

  • A proven short-term holiday rental with 3 bedrooms and a 4-piece bathroom.
  • Open-plan living and dining with vaulted ceilings, full kitchen, and wood stove insert.
  • Patio doors open onto the expansive 580 sq. ft. covered deck.
  • Suite can be sold furnished.

Units are connected and can be combined into one residence.


Additional Features

  • Modern Updates: Metal roof (2021), heat pump with A/C (2022), sub-drive well system (2022), septic pump (2021), and a deep 429-ft well, ensures peace of mind.
  • On-Site Structures: Includes a garden shed, woodshed, kayak/canoe cover, well-house, and a shed with a lean-to.
  • Gardener’s Paradise: Terraced property with a fully fenced garden featuring mature apple, pear, and chestnut trees, a grapevine, and a forested perimeter of cedar and Douglas fir for privacy.


Lifestyle & Investment Appeal

This property offers limitless opportunities:

  • For Families: A spacious home with room to grow, play, and connect with nature.
  • For Investors: Proven short-term rental success and development potential on the secondary lot.
  • Nature Lovers: Your tranquil lakeside escape, with year-round activities like kayaking, hiking, and cozy evenings by the wood stove.

 

Location

Nestled in the heart of the Shawnigan Lake area, this property is conveniently located:

  • Just 35 minutes from downtown Victoria or Duncan and 1 hour to Nanaimo.
  • A 10-minute drive to Shawnigan Lake Village, featuring a charming bakery, coffee shop, grocery store, and post office.
  • Surrounded by local vineyards, breweries, and cideries—perfect for weekend outings.
  • On the local elementary and secondary school bus route.
  • Local area backs onto an endless network of hiking/biking and ATV trails.

 

Don’t miss your chance to own this lakeview gem and embrace the unparalleled lifestyle it offers.

Address1466 Mahon Road
Zip/Postal CodeV0R 2W3
CityShawnigan Lake
County—
State/countyBC

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Details

Updated on October 29, 2026 at 3:45 pm
Property ID:SYH-01008
Year Built:1993
Price:$1,495,000
Property Type:Single-Family
Square Footage of Home:1,924
Property Status:For Sale By Owner
Bedrooms:4
Full Bathrooms (with Bath or Shower):2
Annual Property Tax ($):4,712

Features

Interior Features

Spacious Bedrooms
High Ceilings
Central Heating
Central Air Conditioning
Fireplace
Ceiling Fans

Kitchen Features

Cabinetry
Under-cabinet lighting
Entertainment and Seating
Open concept kitchen with bar seating
Appliances
Gas or electric range/oven
Dishwasher

Outdoor Features

Brick Construction
Fenced Yard
Outdoor Lighting
Fruit Trees or Vegetable Garden
Patio or Deck
Garden Area
Pet-friendly Features (e.g., Pet Door, Fenced Yard)
Septic Tank
Inground Sprinklers
Landscaped Yard

Schools Nearby

Within 10 km ·
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Mortgage Calculator

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$7,646.62

Monthly

Down Payment
$299,000.00
Loan Amount
$1,196,000.00
Monthly Principal & Interest
$7,170.62
Monthly Property Tax
$392.67
Annual Home Insurance
$83.33
Monthly HOA Fees
$0.00
Monthly Mortgage Payment
$7,646.62
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Mortgage Insurance is typically required if your down payment is less than 20 percent of the property value. Mortgage insurance also is typically required on FHA and USDA loans. Definition by Consumer Financial Protection Bureau.