A PERFECT PACKAGE with value added! With the numerous inviting possibilities including; potential to develop this corner lot into a 6-Lot subdivision or market the standing timber or enjoy the monthly cash flow from rented home. This gorgeous 1.46 acres is positioned on the north/east edge of the Village of Lake Cowichan. Featuring a private setting with southern exposure, overlooking views of Cowichan Lake, surrounding mountain ranges and the Valley. The solid, well maintained 3 bedroom,1 bathroom home is positioned so that a second residence and/or development could occur without disruption. Next to home there is a separate single car garage with workspace & attached carport, plus fenced vegetable garden & small orchard & huge maple trees. There are meandering roads & pathways throughout this forested acreage. The gentle slope of the land allows for delightful views from all areas if selective clearing was done. City water is already in place & if a city sewer connection is required it is only feet from front property line. The property is a must to consider for today's Buyer.