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Investment signal

$14,500,000

1257 Cherry Point Rd

Save this home

Beds

10

Baths

15

Sqft

Year

1995

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cowichan Bay. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Discover your private paradise in the heart of Cowichan Bay, one of Vancouver Island’s most celebrated seaside communities. Comprised of 3 parcels of land, set on 82 acres, this prestigious waterfront estate offers an unmatched blend of coastal grandeur, sophisticated comfort, and resort-style amenities. Behind its private entry, manicured lawns, mature trees, and winding drive introduce an extraordinary collection of residences and leisure spaces that create a legacy property of rare distinction. The main residence, with over 9,600 sq ft, welcomes with a vaulted marble entry, sunken living room, formal dining, and a gourmet kitchen with granite counters, Gaggenau appliances, and twin Sub-Zero refrigerators. Six upper-level bedrooms include two lavish primary suites, each with private ensuite, while a 4,129 sq ft lower level offers a guest suite with full kitchen, games lounge, fitness studio with steam, and abundant storage. A triple garage completes the residence. The estate further features a 2,833 sq ft guest house with soaring ceilings, custom spiral staircase, and expansive covered patio; two charming cottages; and a 4,245 sq ft secondary residence—ideal for extended family or rental income. Resort-style amenities include a heated pool, pool house, hot tub, and a tennis court. For the hobbyist or collector, the grounds also provide a 1,300 sq ft workshop, 825 sq ft storage building, and a 5,000+ sq ft barn. Meticulously maintained with recent upgrades including a renewed well, modern water systems, hot water heating, and new roofing, this estate is as practical as it is breathtaking. Steps from the shops, bakeries, and marinas —and surrounded by opportunities for sailing, kayaking, and whale watching—this sanctuary represents the pinnacle of coastal luxury. Notably, this property is situated outside the BC Speculation Tax area. Rarely does a property of this scale and provenance become available: a once-in-a-lifetime offering on Vancouver Island. (id:65958)

Subtype
Single Family
Structure
House
Community
Cowichan Bay
Common interest
Freehold
Living area
15,239 square feet
Lot size
82 acres
Lot dimensions
82
Parking
20 total
Fireplace
5
On market
Feb 6, 2026
Status changed
Apr 27, 2026
Annual tax
$35,854
Zoning
Agricultural
Photos
90
MLS#
1025359
Area
COWICHAN_BAY

Features and systems

Appliances

WasherRefrigeratorHot TubRange - ElectricDishwasherRangeDryerMicrowaveOven - Built-InSee remarks

Heating

OilOther

Cooling

See Remarks

Lot

AcreagePrivate settingWooded areaSee remarksOther

View

Mountain viewOcean view

Waterfront

Waterfront on ocean
Negative cash flow ~$14,751/mo at these assumptions

Cash on cash

-6.10%

Cap rate

3.64%

GRM

16.7

Break-even rent

$88,028

Financing

Down payment$2,900,000
Loan amount$11,600,000
Mortgage$58,775/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$6,646
Insurance$80
Maintenance$12,083
CapEx reserve$6,042
Vacancy loss$3,625

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $58,775/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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