$ 5.490.000

592 Bear Valley Road, Lumby

  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 3617 square feet
  • MLS®: 10320733
  • Type: Residential
  • Added: 39 days ago
  • Updated: 39 days ago
  • Last Checked: 5 hours ago
Discover an unparalleled opportunity with this expansive 400-acre property, a true gem offering 4 separate titles & 4 distinctive homes. Nestled amidst pristine nature, this estate includes a serene lake, a pole barn & a spacious 1300 sq ft Quonset shop. Enjoy the advantages of gravity-fed water & secure water rights to the creek, enhancing both convenience and sustainability. The property's timber value adds an extra layer of investment potential. Each of the cozy cabins is equipped with cutting-lithium ion batteries & a state-of-the-art solar system. The cabins feature a one-bedroom layout on the main floor & a charming loft, perfect for small families or couples seeking a retreat. The chalet boasts 3 spacious bedrooms, providing ample space for larger groups or families. Currently, the property includes a lucrative cattle lease generating $10,500 annually. The chalet is a popular rental, fetching $375/night during the summer and $295/night in the off-season. The cabins rent for $275/night, with a consistent revenue stream from April to October, grossing approximately $70,000. This property is primed for winter business expansion, presenting a significant opportunity to increase annual income. Zoning permit the addition of four more cabins, allowing for future development and increased rental capacity. This property is ripe with potential, whether you aim to expand the existing business, develop new ventures, or simply enjoy a private, secluded paradise. (id:1945)
powered by
Ratehub.ca

Property Details

  • Structure Type: Other

Exterior & Lot Features

  • View: Lake view, Mountain view, Valley view
  • Lot Features: Private setting, Treed
  • Water Source: Cistern, Dug Well, Private Utility, Well, Creek/Stream, Licensed, See Remarks
  • Lot Size Units: acres
  • Parking Total: 3
  • Parking Features: Detached Garage, RV, See Remarks
  • Lot Size Dimensions: 400

Location & Community

  • Common Interest: Freehold
  • Community Features: Rural Setting

Business & Leasing Information

  • Business Type: Retail and Wholesale

Utilities & Systems

  • Sewer: Septic tank

Tax & Legal Information

  • Zoning: Unknown
  • Parcel Number: 013-586-548
  • Tax Annual Amount: 4687.15
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
2
Min Price
$1,049,900
Max Price
$5,490,000
Avg Price
$3,269,950
Days on Market
85 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Echo Lake Provincial Park
Park
North Okanagan D
5.7 km
Goldpanner campground and chalets
Campground
423 Hwy 6
15.6 km
Zelaney Farms
Grocery or supermarket
5481 Petworth Rd
22.4 km
Mabel Lake Provincial Park
Park
Lumby
24.5 km
Silver Star Mountain Resort
Lodging
123 Shortt Street
25.2 km
Silver Star Provincial Park
Park
Vernon
29.2 km

Demographic Information

Neighbourhood Education
Bachelor's degree 25
University / Above bachelor level 10
Certificate of Qualification 30
College 70
University degree at bachelor level or above 30
Neighbourhood Marital Status Stat
Married 175
Widowed 15
Divorced 30
Separated 15
Never married 70
Living common law 50
Married or living common law 225
Not married and not living common law 135
Neighbourhood Construction Date
1961 to 1980 70
1981 to 1990 15
1991 to 2000 40
2006 to 2010 25
1960 or before 10
More Details?
Chrysta Cleverley
  • Chrysta Cleverley
  • Coldwell Banker Executives Realty
  • 250-309-1296

Nearby Cities Listings Avg. price
Armstrong 87 $988.454
Vernon 838 $931.760
Kelowna 1594 $1.189.735
Salmon Arm 311 $799.670
Lillooet 52 $584.388
West Kelowna 457 $1.007.946
Popular Cities Listings Avg. price
Penticton 622 $824.489
Kamloops 869 $719.831
Osoyoos 431 $783.138
Mission 350 $1.342.693
Chilliwack 719 $1.057.950
Maple Ridge 767 $1.455.724