Shawnigan Lake Homes under $400,000

Shawnigan Lake Homes under $400,000

Welcome to Shawnigan Lake, a picturesque gem nestled in the heart of British Columbia’s Malahat & Area. This charming community is renowned for its stunning natural beauty, offering a serene escape from the hustle and bustle of city life. With its crystal-clear waters and lush, forested surroundings, Shawnigan Lake is a haven for outdoor enthusiasts and families alike. Residents enjoy a plethora of recreational activities, including swimming, kayaking, hiking, and biking, all while being surrounded by breathtaking landscapes.

One of the most appealing aspects of Shawnigan Lake is the opportunity to find beautiful homes at an affordable price. In this idyllic community, you can discover a variety of charming properties available for under $400,000. Whether you’re a first-time homebuyer or looking for a cozy retreat, these homes offer a fantastic opportunity to invest in a peaceful lifestyle without breaking the bank.

Imagine waking up to the serene sounds of nature, with the lake just a stone's throw away. Many of the homes in this price range feature stunning views, spacious yards, and easy access to local amenities. The tight-knit community fosters a welcoming atmosphere, making it easy to connect with neighbors and enjoy community events throughout the year.

Shawnigan Lake is not just a place to live; it’s a lifestyle choice. With its affordable housing options and abundant recreational opportunities, this charming community is waiting for you to call it home. Embrace the tranquility and beauty of Shawnigan Lake—your dream home is just around the corner!

Newest Shawnigan Lake Homes under $400,000

2785 Wallbank Rd Unit ##32, Shawnigan Lake
$329,900
3 Beds ⋅ 2 Baths ⋅ 1051930 MLS ⋅ Shawnigan Lake Mhp BLDG.
Extensively Rebuilt 3-Bedroom Home in Family & Pet-Friendly Shawnigan Lake Community. This inviting 3-bedroom, 1½-bath mobile home has been extensively rebuilt and renovated, offering modern comfort in a peaceful setting. Exterior upgrades include a new roof, Hardie plank siding, vinyl windows, new gutters, and a partially covered deck—perfect for relaxing or entertaining. The home also features a large yard backing onto forested green space, providing privacy and a tranquil outlook. Inside, the home has been professionally drywalled and features a new kitchen with quartz countertops, updated bathrooms, new flooring and stylish fixtures throughout. Located in a welcoming, family- and pet-friendly park, the home is just two blocks from Shawnigan Lake and walking trails. Shawnigan Village boasts restaurants, a bakery/coffee shop, convenience store and gas station. A wonderful opportunity to enjoy a fully updated home with a yard, forest backdrop, and easy access to the lakes and trails.

2785 Wallbank Rd Unit ##32, Shawnigan Lake

Courtesy of RE/MAX Island Properties (DU)

2785 Wallbank Rd Unit ##70, Shawnigan Lake
$369,000
3 Beds ⋅ 2 Baths ⋅ 1051202 MLS ⋅ Shawnigan Lake Mhp BLDG.
Thoughtfully rebuilt and professionally renovated from top to bottom by Knightway, this exceptional 3-bedroom, 2-bathroom home feels fresh, bright and beautifully finished. The stunning kitchen features quartz countertops, white and navy cabinetry and new appliances, flowing into a vaulted living space filled with natural light from oversized windows and skylights. A spacious laundry room with cabinetry, storage and folding counter adds a touch of everyday luxury. The primary suite offers a 3pc ensuite with a generous vanity and walk-in shower. Extensive improvements include new roof, siding, fencing, windows, skylights, soffits, gutters, hot water tank, updated plumbing and electrical, 100-amp panel and a 3-head heat pump. Outside, enjoy a charming, private-feeling yard, mature tree, concrete patio and shed. Nestled in a forested, pet-friendly park close to Shawnigan "Lake", village amenities and recreation, with easy access to Duncan and Victoria. Turn the key, unpack and enjoy!

2785 Wallbank Rd Unit ##70, Shawnigan Lake

Courtesy of Royal LePage Nanaimo Realty LD

2785 Wallbank Rd Unit ##26, Shawnigan Lake
$149,900
1 Beds ⋅ 1 Baths ⋅ 1050754 MLS ⋅ Shawnigan Lake Mhp BLDG.
Enjoy the relaxed Shawnigan Lake lifestyle in this manufactured home, ideally situated in a quiet, well-managed community just a short walk from Shawnigan Lake Village. Enjoy easy access to local coffee shops, bakeries, stores and everyday conveniences, with Mill Bay Shopping Centre only 8 minutes away for additional amenities. The home offers a great opportunity for a new owner to bring their own style and personal touches to create a space that feels their own. Outside, a large covered carport and separate storage shed provide plenty of practical space. Shawnigan Lake public access is within walking distance, while the surrounding area offers endless opportunities for hiking, biking, boating and outdoor recreation. A great option for those looking to enjoy a peaceful community setting with the conveniences of the Village close by.

2785 Wallbank Rd Unit ##26, Shawnigan Lake

Courtesy of Pemberton Holmes Ltd.

2970 Glen Eagles Rd Unit ##24, Shawnigan Lake
$299,900
1 Beds ⋅ 2 Baths ⋅ 1046475 MLS
A rare chance to slow down and own a Shawnigan Lake escape for a fraction of lakefront prices. This fully furnished 1-bedroom cabin PLUS a spacious sleeping loft—sits in a gated, family-oriented community along the Koksilah River. Just steps from a peaceful swimming spot and the Cowichan Trail leading to the iconic Kinsol Trestle. Inside, a custom kitchen with gas stove, heated bathroom floor, and a wood stove blend modern comfort with rustic charm. Outside, linger over dinners on your large private deck with custom roughed in BBQ station and overhead string lighting. Surrounded by year-round hiking, biking, wineries, and lake days, this is a quintessential getaway cottage. Occupancy is permitted up to 26 weeks per year; Co-op share sale, traditional mortgages are not available for this property- contact your Realtor to arrange a showing.

2970 Glen Eagles Rd Unit ##24, Shawnigan Lake

Courtesy of Macdonald Realty Victoria

2785 Wallbank Rd Unit ##59, Shawnigan Lake
$205,000
3 Beds ⋅ 2 Baths ⋅ 1044972 MLS ⋅ Shawnigan Lake Mhp BLDG.
Nestled in a peaceful setting just minutes from the heart of Shawnigan Lake Village, this spacious 3 bedroom, 2 bathroom manufactured home offers nearly 1,000 sq ft of functional, low-maintenance island living. This home has an intuitive layout complete with a larger primary bedroom, two other versatile bedrooms, and a mudroom off the laundry room perfect for storage or as an additional flex space. Outside, the most beautiful aspect of this home is the large 295 sq ft. deck great for entertaining and enjoying hot summer nights, or simply unwinding outdoors. The current owner has done attractive landscaping and recent updates include a New Hot Water Tank (2025), New Furnace Filter (2025), New Deck (2025) Updated Retaining Wall (2025) and Drainage improvements at the front of the home. Located just short walking distance from Cafes, Shops, Parks and public lake access, this home is convenient with quick access to the highway making commuting to Victoria a breeze!

2785 Wallbank Rd Unit ##59, Shawnigan Lake

Courtesy of RE/MAX Island Properties (DU)

2785 Wallbank Rd Unit ##66, Shawnigan Lake
$220,000
2 Beds ⋅ 1 Baths ⋅ 1033091 MLS ⋅ Shawnigan Lake Mhp BLDG.
NEW PRICE Welcome to this beautifully updated and move-in ready home in the heart of Shawnigan Lake, offering the perfect blend of comfort, charm & lifestyle. You will be impressed w the bright, open-concept living space filled w natural light, flowing seamlessly into the updated kitchen featuring plenty of cabinetry, large counter space & a built-in wine rack—perfect for everyday living & entertaining. This thoughtfully renovated home offers two spacious bedrooms & updated bathroom, along w fresh paint, upgraded plumbing & numerous improvements throughout including windows, soffits, skirting & blinds. A durable metal roof adds long-term peace of mind. Step outside to the expansive nearly 450 sq/ft covered deck—an incredible extension of your living space, ideal for hosting, relaxing or enjoying the peaceful surroundings year-round. Set in a quiet, wellkept community just steps to Shawnigan Lake, the village, shops & transit, this is an exceptional opportunity to enjoy lakeside living.

2785 Wallbank Rd Unit ##66, Shawnigan Lake

Courtesy of RE/MAX Camosun

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