Lot 5 Decca Rd
$1,299,000
Shawnigan
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About this home
Have you always dreamed of building your summer getaway or retirement home on beautiful Shawnigan Lake? This rare lakefront lot offers approximately 55 feet of frontage in a protected cove, with over 10,000 sq. ft. of sunny, gently sloping land. Located just north of the Shawnigan Lake Resort, this lovely property enjoys a peaceful, quiet setting and excellent east-facing exposure, perfect for welcoming the morning sun and enjoying outdoor activities throughout the day. There is plenty of room to create your ideal lakeside retreat, with easy access to the water and all the recreation Shawnigan Lake has to offer. Fully fenced with gates, dock for you boat, septic system in place. Just minutes from Mason’s Landing and Shawnigan Lake Village, where you’ll find local shops, services and amenities. A wonderful opportunity to build and enjoy your own piece of Shawnigan Lake! (id:65179)
Property details
From the listing's public record.
Lot size
10,237 square feet
Taxes
$7,280/yr
Zoning
Other
View
Waterfront
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $1,299,000
Active2 days on marketMLS 1049271
How this listing compares
Based on 11 sales in Malahat & AreaMedian sold
$950,000
Avg days on market
91 days
Avg sale-to-list
92.4%
Avg $/sqft
—
Current market in Malahat & Area
Active (same type)
19
Pending
0
All active listings
135
Months of supply
20.7
Buyer's market — 20.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,088,000
Homes in Malahat & Area sell at 431.4% of assessed value on average.
Based on 11 recent sales.
Recent nearby sales
4 sales2871 Whiskey Point Rd
$1,850,000
— · — · — · 25 days on market
Sold Aug 11, 2026 · 109% of list
1894 Lakewood Rd
$825,000
— · — · — · 64 days on market
Sold May 6, 2026 · 68.8% of list
0 Trans Canada Hwy
$1,300,000
— · — · — · 44 days on market
Sold Apr 15, 2026 · 92.9% of list
Lot 11 Thain Rd
$950,000
— · — · — · 285 days on market
Sold Apr 15, 2026 · 86.4% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,299,000 − $259,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$285,280
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?
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Listed by Royal LePage Coast Capital - Oak Bay