Waterfront views without the price of waterfront! Welcome to the peaceful, friendly seaside community of Union Bay. This spacious, solidly built rancher with fully finished walk out basement sits on a private half acre, on a quiet no thru road, on the bank right across from the ocean. Enjoy unobstructed, panoramic views of Baynes Sound, the Georgia Strait, Denman Island and the Mainland mountains from almost every room of the house. Wake up to spectacular sunrises from the comfort of your bed, and enjoy the sealions and orcas on their way by. This property is truly in a prime location. Main level features a large bright, open kitchen with an eating nook & lots of counterspace. The dining room has plenty of space for a very large table, great for entertaining and family get togethers. French doors from the dining room to a deck with amazing views. The living room has a cozy woodstove & more great views. The primary bedroom is on the main level and includes a private ensuite with soaker tub and plenty of closet space. The large studio/den on the main level has its own entrance from the side deck, with the main bathroom close by. This could easily be a 'legal' bedroom by the addition of a closet. The fully finished basement has another 2 bedrooms, full bathroom, laundry area, rec room area, large family room with newer woodstove and patio doors to the scenic ocean side of the property. There's a whole lot of space here for whatever you need. The heat pump is an added bonus, providing efficient heating and cooling, although the main floor woodstove is able to heat the entire house nicely in winter if you prefer cozy wood heat. There's a large woodshed on the property, as well as an additional garden shed (which can be moved). Just a 2 minute drive to the local grocery/liquor store, auto repair shop, community hall, post office & boat launch, and less than a 15 minute scenic drive to major shopping in Courtenay. Contact your realtor to book a viewing today!