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West Coast Home + Cottage & Ancillary Buildings With Revenue Opportunities Situated In A Secluded Acreage On Thetis Island…

Location Map

$845,000. (CAD)

444 Lakeview Road, Thetis Island

3 Bedrooms

4 Bathrooms

2474 Sq Ft

Lot size: 4.45 Acres (1.80 ha) + common

Year built: 2014

MLS® Number: 392121 VREB <> 441065 VIREB

This secluded and tranquil property situated on Thetis Island Chart Thetis Island is within an exclusive Freehold/Strata development (Strata fee for 2019 $384.00) known as Meadow Valley Properties ( being 206 acres (83.4 hectares) based on environmental planning with 20 lots and 72 acres (29.14 hectares) of common property having 5 kilometers (3.11 miles) of trails. There is easy access through the common property (see Meadow Valley Properties link pages 3 &4 above) via Cufra Trail Lane to Cufra Inlet at the head of the inlet – a sheltered lagoon which is at the north east corner of North Cove (49°01’N., 123°42’W). The inlet (tidal) is great for kayaking, canoeing and small craft – easy launching and storage. See plan and chart.

Property: This sunny 4.45 acre (1.80 hectares) Strata Plan Showig Lot 9  property mostly in vineyard with balance cleared and treed area on the east and north sides (fir, arbutus, cedar, alder, maple) plus a number of fruit trees on the southwest side. The fully fenced and gated property with a circular driveway has a gentle slope from north to south and was designed as an eco-friendly vineyard (Pinot Gris and Pinot Noir grapes – Vines were planted in different years: 2006, 2007 and 2010).  This Thetis Island property setting is considered to have ideal conditions for a vineyard.  The area, sub-region being part of a larger and growing coastal wine region.  The  owners are currently a sub-grower for a larger grower on Vancouver Island which produces annual revenue. See Wine Business article Feb 18-2019: and BC Wine Strategy Report

The owners have chosen not to renew their wine manufacturing licences however, Buyers could apply for a wine manufacturing licence and establish a winery and continue to be a grower. There are other revenue possibilities such as renting the charming self-contained cottage. ancillary buildings, bed and breakfast, other naturally sustainable farm operation.  There is abundant potable and irrigation water and very usable terrain. Having farm status can result in lower property taxes ($3,093. 2020). Use your ideas and vision with what you could do with this tranquil and desirable property.

Residence: This well sited and well planned custom built two story west coast style inviting home with three bedrooms and four bathrooms has 2474 finished square feet (230 square metres) 444 Lakeview Rd.-Main House.  Plus a lower level (walk out) full height unfinished framed and insulated area of 1326 square feet (123.2 square metres) – many uses.  Some features being: A variety of select woods v-joins style finishes, beamed and high ceilings, wood and tiled floors, French doors, easy access to decks/veranda and patio, large picture windows, wood burning fireplace, well planned open kitchen with stainless appliances and eating counter, board and batten exterior siding, metal roof.  Some furnishings could be purchased separately.

Main floor: (1479 square feet / 137.4 square metres): Spacious entrance area, open kitchen-living and dining room, two piece bathroom, laundry, enclosed porch/sun room, master bedroom with en-suite four piece bathroom, All main rooms have access to surrounding decks of 739 square feet (69 square metres) and the garden patio overlooking the property.

Upstairs: The upstairs being 995 square feet (92.4 square metres) has two bedrooms both with four piece en-suite bathrooms and each having a deck off.  Family/office area with vaulted ceiling and in front of which it is open to below.

Lower Level: This level of 1326 square feet (123.2 square metres) is unfinished with roughed in framing and an average height of 7.6 feet (2.32 metres). Direct access to outside and windowed the area has potential for any uses.

The home is sited to take advantage of the sun and the outstanding property views. Designed to bring the outside in the home conveys a warm and comfortable feeling!

Guest Cottage: This charming self-contained two bedroom cottage of 672 square feet (62.43 square metres) known as “Jasmin Cottage” is sited away from the main residence. See floor plan 444 Lakeview Rd. Cottage . Note: Suitable for tourism rental, family or staff. A peaceful and beautiful sanctuary!

Ancillary Buildings: Studio/office of 576 square feet (54 square metres), Other – a substantial five level building of 1996 square feet (185.4 square metres) – was and could still be used (see photos) for wine production. 444 Lakeview Rd. Ancillary. Plus storage/utility building and greenhouse. The buildings have many uses i.e. winery (requires re-licensing), artist studio, artisan studio, office space, workshop, storage, farm animals. If you do not wish to use these buildings then there is a revenue possibility for renting/leasing.

Zoning: R2 (rural residential) two dwellings (one seasonal guest cottage), home business, ancillary buildings, agriculture uses permitted. Zoning falls under the Islands Trust. Currently the property claims Farm Status which results in lower taxes.

Services:   Domestic Water – Drilled wells: well #one @ 2 gpm +/- plus storage (1500 liters/330 gals) and well #two shared with neighbour (#442) is not connected or in use by sellers. Irrigation Water – Lake water with licence / Sewer – Septic holding tank on the property with effluent pumped to cmmunity system on strata common property (managed by strata) / Hydro – Two 200 amp service / Internet – Satellite / Telephone two Telus land lines / Television – Satellite

Location: The property is situated at the North end of Thetis Island being about a 10 minute drive (4 kilometres / 2.5 miles) north from the Ferry Terminal at Preedy Harbour (48°49’W.,123°40’N). Directions Map

Area: The general area of Thetis Island is known as the ‘banana belt’ of the Gulf Islands of British Columbia and is noted for warm swimming, excellent fishing, shellfish, molluscs, boating, kayaking, canoeing, diving and a having a great variety of marine life, bird life and wild life – such as soaring bald eagles, hawks, gulls, ducks, blue Herons, variety of shore birds. Otters and Seals are quite common plus pod of Orcas (killer whales) can be seen in the general area of the island in Stuart Channel (Latitude 49°01’N., 58′ N, Longitude 123°42′ W) being about 3 miles (4.8 kilometers) north east of Chemainus, Vancouver Island – Chart Thetis Island.  The peaceful and picturesque Island of about 10.5 square kilometers (4.1 square miles) has a population of approximately 400 permanent residence with the number increasing seasonally as part time. Easily accessed by frequent B.C. Ferry service (aprox. 20 minute trip) from Chemainus (population about 4000) on Vancouver Island or by Airplane (float) service from Vancouver and Victoria, boat (private or water taxi). Located approximately 35 miles (56 kilometers) from Vancouver and 46 miles (74 kilometers) from Victoria.  The island is mainly forested, with some farms and about 10 miles (16 kilometers) of public roads.  There is a pub/restaurant, post office, small store all located at Thetis Island Marina; community center (currently being improved/updated); tennis court; volunteer fire department (recently upgraded); small elementary school. There are two protected marinas in Telegraph Harbour and a Public dock in Preedy Harbour. Plus there is moorage at Chemainus and a large marina at Ladysmith on Vancouver Island.  Both Chemainus and Ladysmith offer many amenities and City of Duncan to the south and City of Nanaimo to the north are both a short easy drive away.

You will be impressed with this unique property which has many revenue opportunities/possibilities!

Being offered at $845,000. Canadian. ($611,400. U.S. March 12, 2020). Viewing by qualification..

Note: The B.C. speculation tax does not apply – Buyer should confirm pertinent information and should do their own due diligence.