Located in the beautiful seaside town of Mill Bay is 5.2 acres with an old 2 bedroom 1 bathroom log home that is being sold "as is where is" $156,000 below BC Tax Assessmnent. Property features a long driveway off Benko with a turnaround drive at the back and single carport on the side. Inside you find a living room with cozy wood - stove and ample size kitchen with laundry hookups. There are 3 good-sized bedrooms with a 3 piece washroom. There is interior access, and exterior drive access, to the 371 square foot basement that has plenty of work benches and storage shelves. Ideal for shop and/or garage for all the tinkering and projects you could imagine. The zoning allows for an attached or detached suite and some of the uses include B & B acomodation, farm gate sales, home based business, and unlicensed and group daycare. Subdivision potential exists to be confirmed by CVRD. This home and property is ideally located close to the Mill Bay Center Mall and Schools.