Sitting on 0.98 acres, this property offers flexibility, opportunity, and a great Shawnigan Lake location. Built in 2004, the detached garage now features a brand new, beautifully finished suite above bright, spacious, and thoughtfully designed with no detail overlooked. The options here are endless: rent the suite in the winter and enjoy Shawnigan Lake in the summer, live upstairs while you build your dream home on the property, or purchase together with neighbouring 1501 Shawnigan Mill Bay Road MLS# 1009297 (also owned by the same seller) to create a combined 2+ acre package. With both properties, the possibilities for multi-generational living, income potential, or a custom lifestyle property are unmatched. Additional highlights include municipal water, a 200-amp electrical panel, and a location just minutes to the village and beach A rare chance to secure a versatile property in one of Vancouver Island’s most desirable areas.