This property is in the Bell McKinnon Local Area Plan and is proposed to be developed into a multi-family site. The property is situated on a spacious 0.92-acre lot and offers breathtaking views of the lake and mountains. While deciding how to develop the property you can enjoy the meticulously designed 3,288 sqft. home boasting 5 bedrooms, a den & 3 bathrooms. The lower floor is separated from the upper floor and offers a complete second kitchen. A great suite for income! The vaulted ceilings adorned with wooden beams add a touch of sophistication to the atmosphere. The property features coved ceilings, solid oak floors, and ample natural light that pours through large windows, creating a cozy and inviting ambiance. The kitchen features a large island, quartz countertops, and stainless-steel appliances. The expansive wrap-around deck offers panoramic views and a great spot to relax. Step outside to discover a year-round fishpond, mature landscaping, and ample space for your RV. The 20 x 20 detached workshop, boasting high ceilings, is a versatile space for your hobbies and projects. The property is conveniently located near Cowichan Commons, wineries, and schools, with easy highway access to Nanaimo and Victoria. This exceptional property offers a tranquil and accessible lifestyle, making it the perfect opportunity to own your dream home.