OPEN HOUSE 1-3. Rare 5-acre Shawnigan Lake estate – a modern, charming country home offering luxury, privacy, revenue, and West Coast living. Set in a tranquil valley surrounded by mountain peaks, this multi-generational property features two private residences totaling over 6,700 square feet – ideal for extended family, investment, or venue use. The primary residence (4,082 square feet) features 10-foot ceilings, a grand cathedral-style entry, and a newly redesigned primary suite with a spa-inspired ensuite and serene retreat. A bright, self-contained in-law studio includes full laundry and a private deck, while the main level offers spacious living, dining and family rooms, a den, mudroom, five bedrooms and four bathrooms, vaulted ceilings, a stone fireplace, a chef’s kitchen with stone countertops and stainless steel appliances, and designer lighting throughout. A newly built 2,644 square foot carriage home expands flexibility, designed with four two-bedroom, one-bathroom suites, each with separate entry, in-suite laundry, private deck, and parking — currently generating $7,200 per month. Total income potential between the main home, suite, and carriage house is approximately $14,000 per month. Recent updates include a new septic system, dual UV water filtration, a new cistern, upgraded electrical, refreshed decking and fencing, new exterior paint, vegetable gardens, a pond, and enhanced landscaping. With 9-foot ceilings, exceptional privacy, and proven rental income, this is the perfect multi-generational or lifestyle estate. Close to Shawnigan Lake School, Brentwood College, lake access, oceanfront, marinas, and hiking trails. Only 15 minutes to Langford and Greater Victoria, and under 10 minutes to Mill Bay. Incredible revenue potential in one of Vancouver Island’s most desirable communities. A perfect place to call home. Contact Zoi Livia 250-588-4259 for more information or to arrange a viewing.
Address
319 Stebbings Rd
List Price
$2,545,000
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
1023906
Listing Brokerage
Keller Williams Ocean Realty VanCentral
Basement Area
Crawl Space
Postal Code
V8H 2J1
Tax Amount
$11,617.54
Tax Year
2025
Features
Bay Window(s), Built-In Range, Cathedral Entry, Ceiling Fan(s), Closet Organizer, Dining Room, Dishwasher, Dryer, Eating Area, Electric, Electric Garage Door Opener, F/S/W/D, Forced Air, French Doors, Hardwood, Heat Pump, Insulated Windows, Microwave, Mixed, Propane, Propane Tank, Radiant Floor, Range Hood, Refrigerator, Screens, Skylight(s), Soaker Tub, Storage, Tile, Vaulted Ceiling(s), Vinyl Frames, Washer
Amenities
Accessible Entrance, Acreage, Balcony, Balcony/Deck, Balcony/Patio, Cleared, Easy Access, Fencing: Full, Garden, Guest Accommodations, Landscaped, Level, Low Maintenance Yard, No Step Entrance, Primary Bedroom on Main, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure, Water Feature