5055 Cowichan Lake Rd Attention Investors & Developers. Foreign Buyers Eligible. Only minutes from the New (& old) Hospitals, Town & Cowichan Lake. This is a rare opportunity. 48.8 wooded acres (approx. $40, 000. per acre) zoned F-2A. NOT in ALR. Subdividable into 3 parts with conditions. (verify with CVRD). MOTT approved access off Cowichan Lake Road. Some RAR & work with CVRD done. The possibilities here are great! Vineyard possibilities. Very Nice Property. Sunny, warm & nice, gentle south facing property. Listing agent has owned this property for ~20 years & has made the difficult decision to sell. Neighbouring lot is also for sale. (MLS 994455) Price is + GST. Address is approximate. Assessment has not changed for 2026. (id:203)