$ 5,490,000
592 Bear Valley Road Lumby, BC V0E2G1
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 5,490,000
Est. payment /mo
Active
592 Bear Valley Road Lumby, BC V0E2G1
400 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Lumby Valley
MLS® Listing ID 10320733
Originating Board Association of Interior REALTORS�
Lot Size 400.000 Acres
Acres 1.7424E7
Property Description
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 & 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 on the main floor & a charming loft, perfect for small families or couples seeking a retreat. The chalet boasts 3 spacious bedrooms, providing ample room for larger groups. Currently, the property includes a lucrative cattle lease generating $10,500 annually. The chalet is a popular rental, fetching $375/night during the summer & $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 & 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. Adjoining 160 acres can be purchased too. (id:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage Yes
Garage Spaces 3.0
Garage Description 3
Fence Fence
Community Features Rural Setting
Waterfront No
View Y/N Yes
View Lake view, Mountain view, Valley view
Total Parking Spaces 3
Private Pool No
Building
Lot Description Wooded area
Sewer Septic tank
Others
Ownership Freehold
Listed by Coldwell Banker Executives Realty