Shawnigan Lake Homes under $400,000

Shawnigan Lake Homes under $400,000

Welcome to Shawnigan Lake, a hidden gem nestled in the heart of British Columbia’s Malahat & Area. This picturesque community is renowned for its stunning natural beauty, offering residents a tranquil escape surrounded by lush forests, sparkling waters, and breathtaking mountain views. Shawnigan Lake is not just a place to live; it’s a lifestyle that embraces outdoor adventures, from kayaking on the lake to hiking the scenic trails that wind through the region.

For those seeking affordable housing options, Shawnigan Lake offers a variety of charming homes under $400,000. This makes it an ideal destination for first-time homebuyers, families, or anyone looking to enjoy the serenity of lakeside living without breaking the bank. Imagine waking up to the gentle sounds of nature and having the opportunity to enjoy a morning stroll by the water or a weekend barbecue with friends and family.

The community is vibrant and welcoming, with local shops, cafes, and markets that reflect the warmth of small-town living. Residents can take part in numerous community events and activities throughout the year, fostering a strong sense of belonging. With easy access to larger urban centers like Victoria, Shawnigan Lake combines the best of both worlds—peaceful living with the conveniences of city life just a short drive away.

Whether you’re looking to invest in a cozy cottage or a family home, Shawnigan Lake offers a diverse selection of properties that cater to a range of lifestyles and budgets. Come discover the charm of Shawnigan Lake, where your dream home awaits!

Newest Shawnigan Lake Homes under $400,000

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
$229,900
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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