11 77 Nelson Rd
$515,000
Lake Cowichan
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About this home
Welcome to Penny Lane, a charming 2020 built home on the shores of the Cowichan River in historic Lake Cowichan. This bright and modern 2-bedroom, 2-bathroom home offers open concept living with a functional layout. The main level features a cute kitchen and living area, one bedroom with Murphy bed, and a powder room. Step outside to your private, fully fenced patio with a covered roof, perfect for year-round enjoyment. Upstairs you'll find the primary bedroom, full bathroom, and convenient laundry. Large windows throughout fill the home with natural light. Recent updates include new appliances, a ductless heat pump, and refreshed front landscaping. Enjoy access to the strata's shared riverfront dock, ideal for swimming, tubing and watching all the happenings on the river. Located within walking distance to town and with easy access to the Cowichan Valley Trail, this home is perfect as a full-time residence, weekend getaway, or investment property. (id:65179)
Property details
From the listing's public record.
Lot size
1,149 square feet
Year built
2020
Taxes
$3,637/yr
Strata / HOA
$300/month
Zoning
Residential
Waterfront
Heating
Cooling
Parking
Lot
Community
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jun 24, 2026
Listed $515,000
Active5 days on marketMLS 1041406Aug 15, 2024
$450,000
Sold6 days on marketMLS 967109May 3, 2024
Listed $470,000
Cancelled39 days on marketMLS 962663Mar 27, 2023
Listed $519,000
Expired186 days on marketMLS 927449May 30, 2022
Listed $549,900
Cancelled31 days on marketMLS 904758
How this listing compares
Based on 106 sales in DuncanMedian sold
$315,000
Avg days on market
64 days
Avg sale-to-list
96.2%
Avg $/sqft
$368
Price per square foot
Above area average
Current market in Duncan
Active (same type)
102
Pending
11
All active listings
609
Months of supply
11.5
Buyer's market — 11.5 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$458,000
Homes in Duncan sell at 99.6% of assessed value on average.
Based on 103 recent sales.
Local price trend
How Lake Cowichan has moved over the last decade.
Local price index (normalized) · 107 months
Recent nearby sales
12 sales7-8150 Arthur St
$365,000
2 bd · 1 ba · 916 sqft · $398/sqft · 54 days on market
Sold Jun 18, 2026 · 91.3% of list
209-2524 Lewis St
$246,000
2 bd · 1 ba · 749 sqft · $328/sqft · 32 days on market
Sold Jun 17, 2026 · 95.4% of list
4-3271 Cowichan Lake Rd
$260,000
2 bd · 1 ba · 698 sqft · $372/sqft · 23 days on market
Sold Jun 16, 2026 · 94.5% of list
404-177 Kenneth St
$420,000
1 bd · 2 ba · 1,024 sqft · $410/sqft · 56 days on market
Sold Jun 11, 2026 · 95.7% of list
43-100 Gifford Rd
$475,000
2 bd · 2 ba · 1,297 sqft · $366/sqft · 33 days on market
Sold Jun 11, 2026 · 95.8% of list
407-9942 Daniel St
$225,000
1 bd · 1 ba · 670 sqft · $336/sqft · 197 days on market
Sold Jun 5, 2026 · 90% of list
404-9958 Daniel St
$500,000
2 bd · 2 ba · 1,250 sqft · $400/sqft · 51 days on market
Sold Jun 5, 2026 · 97.1% of list
207-1670 Botwood Lane
$679,900
2 bd · 2 ba · 1,270 sqft · $535/sqft · 113 days on market
Sold Jun 2, 2026 · 100% of list
506-15 Canada Ave
$470,000
2 bd · 2 ba · 1,277 sqft · $368/sqft · 82 days on market
Sold Jun 2, 2026 · 95.1% of list
306-650 Dobson Rd
$425,000
2 bd · 2 ba · 1,084 sqft · $392/sqft · 71 days on market
Sold May 29, 2026 · 95.5% of list
2-1587 Joan Ave
$190,000
2 bd · 1 ba · 862 sqft · $220/sqft · 77 days on market
Sold May 28, 2026 · 95.5% of list
226-3215 Cowichan Lake Rd
$304,000
2 bd · 2 ba · 839 sqft · $362/sqft · 33 days on market
Sold May 28, 2026 · 95% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by RE/MAX Island Properties (DU)