2903 Knappett Rd
$489,000
Shawnigan
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About this home
Half acre lot 5 minute walk to the lake and a free house ! Situated on a private, treed 0.50-acre corner lot just a 5-minute walk to popular Mason's Beach, this 2-level home offers an excellent opportunity to build a new home , investors, or anyone looking to build equity. The main floor features approximately 450sq. ft. of living space, while the full-height 450 sq, ft, undeveloped walkout basement provides excellent storage, workshop space, or future living potential. Metal roof, 100-amp electrical service, private well, and septic system . Bring your renovation ideas and transform this home into your own Shawnigan Lake retreat or demolish and build new. Enjoy the best of island living with beaches, parks, trails, and village amenities just minutes away. (id:65179)
Property details
From the listing's public record.
Lot size
0.50 acres
Year built
1996
Taxes
$1,530/yr
Zoning
Residential
Appliances
Heating
Parking
Lot
Style
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 10, 2026
Listed $489,000
Active11 days on marketMLS 1042840
How this listing compares
Based on 85 sales in ShawniganMedian sold
$945,000
Avg days on market
51 days
Avg sale-to-list
97.4%
Avg $/sqft
$456
Price per square foot
Above area average
Current market in Shawnigan
Active (same type)
35
Pending
12
All active listings
60
Months of supply
4.9
Balanced market — 4.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$492,000
Homes in Malahat & Area sell at 110.3% of assessed value on average.
Based on 244 recent sales.
Local price trend
How Shawnigan has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales1780 Elford Rd
$730,000
3 bd · 3 ba · 3,121 sqft · $234/sqft · 17 days on market
Sold Jul 14, 2026 · 93% of list
1475 Tharratt Rd
$875,000
4 bd · 3 ba · 3,162 sqft · $277/sqft · 42 days on market
Sold Jul 10, 2026 · 97.2% of list
2723 Gibson Pl
$610,000
2 bd · 1 ba · 1,632 sqft · $374/sqft · 16 days on market
Sold Jul 7, 2026 · 99.3% of list
2161 Mckean Rd
$807,500
3 bd · 2 ba · 2,084 sqft · $387/sqft · 19 days on market
Sold Jul 2, 2026 · 101% of list
2787 Gregory Rd
$800,000
4 bd · 3 ba · 2,325 sqft · $344/sqft · 18 days on market
Sold Jun 30, 2026 · 96.5% of list
1490 Finlayson View Pl
$1,499,000
4 bd · 4 ba · 4,275 sqft · $351/sqft · 48 days on market
Sold Jun 30, 2026 · 98.3% of list
1116 Fitzgerald Rd
$780,000
3 bd · 3 ba · 2,287 sqft · $341/sqft · 39 days on market
Sold Jun 29, 2026 · 98.9% of list
2132 Dandelion Lane
$770,000
3 bd · 2 ba · 1,408 sqft · $547/sqft · 29 days on market
Sold Jun 29, 2026 · 96.9% of list
1141 Trailhead Lane
$980,000
4 bd · 3 ba · 3,298 sqft · $297/sqft · 142 days on market
Sold Jun 22, 2026 · 99.5% of list
1038 Skylar Cir
$715,000
3 bd · 3 ba · 1,744 sqft · $410/sqft · 29 days on market
Sold Jun 18, 2026 · 95.5% of list
1885 Verlon Rd
$1,160,000
5 bd · 2 ba · 2,821 sqft · $411/sqft · 11 days on market
Sold Jun 15, 2026 · 96.7% of list
2371 Renfrew Rd
$1,370,000
4 bd · 3 ba · 4,003 sqft · $342/sqft · 70 days on market
Sold Jun 11, 2026 · 97.9% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$489,000 − $97,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$107,080
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Pemberton Holmes Ltd.