Welcome to a truly special piece of Vancouver Island waterfront living. With 112 feet of medium-bank ocean frontage beside sought-after Ladysmith Marina, this 0.38-acre property offers stunning views, unbeatable location, and incredible potential. The 1250 sqft 2 bedroom plus loft cottage is full of rustic charm. The spacious living room is the heartbeat of the home, with wood-beam vaulted ceilings, shiplap walls, cozy woodstove and updated windows the length of the wall, bringing in natural light and water views. Meticulously cared for over the years, the bones are strong and ready for the right touches to make this an absolute dream home. Step outside and take in the beauty of the coastline - watch boats come and go from the marina, enjoy peaceful mornings by the water, and soak in the West Coast lifestyle. A huge 700 sqft garage/workshop offers options for storage or projects, with a bonus inspection pit out back for the mechanically inclined. A coastal oasis only minutes to town.