Incredible family property of 7+ acres on desirable Lanes Rd in Cowichan Bay, just a few hundred metres from the ocean. This unique estate features a stunning ravine, rock walls, mature trees, vegetable & flower gardens, plunge pool and ocean glimpses from the upper level. Originally built in 1965, the 3,000 sq. ft. home offers 3 bedrooms upstairs with new hardwood floors and 1 bath, plus a stylish in-law suite and a stunning walk-out lower level with 2 bedrooms and 2 new bathrooms. Recently completed perimeter drains provide peace of mind. A huge 1886 sq ft powered workshop with wood stove offers abundant space for hobbies, storage or business needs. R2 zoning provides exciting subdivision potential. With 2 driveways and a history of being the source of several Lanes Rd homes, this is a truly rare offering. First time on the market—book your showing today!