$399,999
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1 Bed
1 Bath
1,115 SqFt
SOLD DATE : 05/15/2024
Key Details
Sold Price $399,999
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,115 sqft
Price per Sqft $358
MLS Listing ID 956121
Sold Date 05/15/24
Style Other
Bedrooms 1
Rental Info Some Rentals
Year Built 1994
Annual Tax Amount $814
Tax Year 2023
Lot Size 0.330 Acres
Acres 0.33
Property Description
*Co-op ownership* This cabin is walk on waterfront and is located on Lasqueti Island, in the Shumak farm properties. The cabin has stunning views of the Georgia straight on your own exclusive 150 feet of pristine oceanfront. This is not land for sale but a share for sale in a Land Holding Corporation in which you own one share in a company that owns the land. There are 33 shares in total, each Share is attached to a building lot (approximately 1/3 acre), each share owner is entitled to 10 acres of land in common area (330 acres total). This 10 acres is not intended for personal use but to satisfy the local zoning bylaw. The idea is to share the land and preserve the old farm land in its original natural state. This large common area has forest groves, rocky moss bluffs and lots of wetland habitat. The group has spent lots of time making and maintaining hiking trails around the property. There is a large portion of waterfront that is included in the common area as well.
Location
Province BC
County Islands Trust
Area Isl Lasqueti Island
Direction East
Rooms
Basement Other
Main Level Bedrooms 1
Kitchen 0
Interior
Heating Wood, Other
Cooling None
Fireplaces Number 1
Fireplaces Type Wood Stove
Fireplace 1
Laundry In Unit
Exterior
Roof Type Metal
Parking Type None
Building
Building Description Wood, Other
Faces East
Foundation Pillar/Post/Pier
Sewer Other
Water Cistern
Structure Type Wood
Others
Tax ID 030820138
Ownership Other
Pets Description Cats, Dogs
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Bought with Unrepresented Buyer Pseudo-Office