Rare walk-on waterfront opportunity on beautiful Cowichan Lake! Exceptional 0.65-acre west-facing building lot is located on quiet peninsula surrounded by prestigious homes & offers panoramic lake views, breathtaking sunsets, & crystal-clear waterfront. Cleared & ready for your custom home, property features hydro, CVRD municipal water, approved septic plan, & Development Permit application already in process. Gently sloping lot leads to level beach w/ gradual deep water, providing ideal conditions for swimming, boating, paddleboarding, & private dock. Mature evergreens provide privacy while preserving spectacular lake views. Minutes to Youbou's parks, coffee shop, artisan boutique, & only 15 minutes to Lake Cowichan for shopping & services. Newly completed luxury waterfront home next door (MLS 1040954) also available, creating outstanding opportunity for multi-generational waterfront estate. Plus GST. No Foreign Buyer Ban applies (Buyer to verify all info & data).