Welcome to your own Cowichan Lake retreat in beautiful Youbou. This exceptional waterfront property offers a rare combination of modern upgrades, flexible living arrangements and an unbeatable lakeside lifestyle. Situated on a sought-after stretch of shoreline with a private beach and impressive dock system, the property features a substantially renovated main residence and a separate legal non-conforming 2-bedroom guest house. The main home underwent an extensive renovation in 2020 including new plumbing, 200-amp electrical service with permits, metal roof, gutters, heat pump, kitchen, appliances, bathrooms, flooring, drywall, skylights, insulation, hot water tank, covered lakeside deck and RV hookup. Large windows capture beautiful views of Cowichan Lake and the surrounding mountains while the open-concept living space flows seamlessly to outdoor entertaining areas. The detached guest house was rebuilt to the studs in 2018 and offers excellent flexibility for extended family, visitors or supplemental income opportunities. Improvements include new plumbing, electrical, kitchen, bathroom, flooring, drywall, windows, roof, gutters, appliances and hot water tank, with a heat pump and additional insulation added in 2022. Outdoor living is where this property truly shines, with a covered deck overlooking the lake, hot tub, expansive entertaining space, private beach and dock rebuilt in 2019. The septic system was installed in 2015 and has been regularly maintained. Whether you're looking for a full-time waterfront residence, multi-generational living opportunity or a recreational escape, this move-in-ready property delivers an exceptional Cowichan Lake lifestyle