Situated in the charming lakeside community of Youbou on the north shore of Cowichan Lake, this property offers an exceptional opportunity for a major renovation with breathtaking lake views. Built circa 1948, the home features three bedrooms and a full bathroom on the upper level, along with living, dining, and family areas—all ready for your vision and personal touch. The fully unfinished basement provides abundant space to design and create to suit your needs. Enjoy the natural beauty and recreational lifestyle of the area, with Arbutus Park, Bald Mountain Park, and Price Park nearby, as well as the Youbou Community Hall, local shops and eateries, and easy access to Lake Cowichan. This is a court-ordered sale. The accepted offer is $360,000, and the court date is set for January 7, 2026 at 9:45 a.m. at the Nanaimo Courthouse. Instructions for preparing a competing offer can be obtained from the listing agent.