939 Khenipsen Road
Cowichan Bay · V9L5L3
$8,265/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Cowichan Bay · V9L5L3
$8,265/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
RARE! Hank Schubart designed home set on 23 pristine, private acres above Cowichan Bay, offering sweeping ocean, valley, and mountain views from nearly every room. Deep overhangs float above walls of glass, & low rooflines trace the land's contours, as if the house grew from the hillside. Inside, exposed fir beams and rusticated stone fireplaces anchor sun-filled living spaces, while terracotta tile and reclaimed hardwood carry warmth throughout. The kitchen, bathrooms, and decks have been updated over the years, blending comfort with the home's original character. Skylights wash the great room in light, and the kitchen opens onto expansive decks for entertaining. Upstairs, the primary suite sits beneath vaulted wood ceilings with its own own valley & ocean views. A log bunkhouse on stilts & a log workshop extend the setting into the forest. Henry ''Hank'' Schubart (1916–1998) was an American-Canadian architect whose life reads like an origin story for West Coast design. Inspired as a teenager by Frank Lloyd Wright's autobiography, Schubart wrote to Wright and was accepted into his Taliesin fellowship, tuition waived. He later co-founded a San Francisco firm before moving his family to Salt Spring Island in the late 1960s, drawn by a commission and a wish to raise his sons away from the Vietnam War draft. Over the next three decades, he became the island's beloved community architect, designing over 230 homes known as ''Hank's Houses.'' His style took Wright's Prairie horizontals and reimagined them for the coast, substituting the flat prairie line for the line of the sea. He was renowned for his gift of siting, nestling each home into its landscape so it felt native to the forest, with exposed cedar, expansive glass, and rusticated stone as his signature. A genuine Schubart house rarely comes to market, let alone outside Salt Spring Island. To find one intact on 23 acres above Cowichan Bay is exceptional — not a house built in his style, but one of his own.
3
Beds
1,986 ft²
Floor area
1980
Year built
Single Family
Type
Cowichan Bay
Area
Listed
August 7, 2026
Nearby & Commute
1h 31m
walk to Country Grocer
33 min
bike to nearest SkyTrain station
1h 51m
walk to nearest SkyTrain station
2h 44m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 60%
| Detached | 68 | 60.2% |
| Townhouse | 15 | 13.3% |
| Land | 12 | 10.6% |
| Duplex | 8 | 7.1% |
| Other | 4 | 3.5% |
| Other | 6 | 5.3% |
| Under $5,000 | 120 | 0.9% |
| $5,000 to $9,999 | 60 | 0.4% |
| $10,000 to $14,999 | 90 | 0.7% |
| $15,000 to $19,999 | 250 | 1.8% |
| $20,000 to $24,999 | 615 | 4.5% |
| $25,000 to $29,999 | 445 | 3.2% |
| $30,000 to $34,999 | 475 | 3.5% |
| $35,000 to $39,999 | 585 | 4.3% |
| $40,000 to $44,999 | 620 | 4.5% |
| $45,000 to $49,999 | 545 | 4.0% |
| $50,000 to $59,999 | 1,120 | 8.2% |
| $60,000 to $69,999 | 1,045 | 7.6% |
| $70,000 to $79,999 | 1,035 | 7.5% |
| $80,000 to $89,999 | 900 | 6.6% |
| $90,000 to $99,999 | 800 | 5.8% |
| $100,000 to $124,999 | 1,645 | 12.0% |
| $125,000 to $149,999 | 1,205 | 8.8% |
| $150,000 to $199,999 | 1,290 | 9.4% |
| $200,000 and over | 890 | 6.5% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$8,265
Principal and interest
Calculated estimate
$7,632
Property tax
Calculated estimate
$483/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,650,000
Down payment
Calculated estimate
$330,000 (20%)
Estimated mortgage
Calculated estimate
$1,320,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$8,265
/mo
Rate
%
Amortization
Principal and interest
$7,632
Property tax (est.)
$483
P&I
Tax
Down payment
$330,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $330,000 down (20%) on $1,650,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.