This is an extraordinary opportunity to acquire a private 48-acre legacy property, set on a one of a kind peninsula w/ over 5,000 ft. of Quennell Lake shoreline on Vancouver Island. This remarkable property delivers the feeling of your own private island, with a rare blend of accessibility & seclusion. Wildlife and birds flourish here providing incredible viewing opportunities. This is one of Canada’s top bass fishing lakes, also home to an abundance of trout. Water recreation is almost unlimited. The lake setting provides an exceptional backdrop for family gatherings, & unforgettable time spent outdoors. Uniquely positioned within the Nanaimo aerodrome, you can fly your seaplane almost directly to your door, approximately 20 minutes from Vancouver, while still enjoying convenient drive-in access as well as close proximity to the Nanaimo airport, the ferry & amenities. The spacious & bright 3,600 sq ft main residence features 3 beds & 3 baths. It is thoughtfully positioned to capture sweeping lake & landscape views & incredible sunsets through the plentiful picture windows and from the covered deck, providing year-round enjoyment. The downstairs area has suite and Airbnb potential. A separate 972 sq ft 2-bed, 2-bath cottage offers ideal accommodations for guests, extended family, a caretaker or additional income. There is also a workshop. For the discerning equestrian, the property is exceptionally well appointed with a 110’ x 72’ covered riding arena, five-stall barn, w/ a heated tack room w/hot & cold water, hay loft, multiple paddocks & plenty of pasture areas providing freedom & forage. Farm status is in place, with a history of cattle & hay production. The estate includes a separately titled 5-acre parcel with potential to subdivide further. The property has split zoning allowing for a wide variety of uses & events; such as a home based business, farming, agritourism, hosting events & more. Buyers must conduct their own due diligence. GST applicable.