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Photo 1: 592 Bear Valley Road Lumby Valley: Okanagan Shuswap Real Estate Listing: MLS®# 10320733
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Status:
Active
Prop. Type:
Hospitality
MLS® Num:
10320733
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:2493)
Property Type:
Hospitality
Common Interest:
Freehold
Transaction Type:
For sale
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$4,687.15 / -
Community:
Lumby Valley
Community Features:
Rural Setting
View:
Lake view, Mountain view, Valley view
Major Business Type:
Retail and Wholesale
Minor Business Type:
Appliance
Structure Type:
Other
Half Bathrooms:
0
Fireplace:
No
Water:
Cistern, Dug Well, Private Utility, Well, Creek/Stream, Licensed, See Remarks
Sewer:
Septic tank
Road Access:
Highway access
Fence Type:
Fence
Landscape Features:
Wooded area
Acreage:
Yes
Lot Size:
400 acre(s)
Lot Size:
400 ac|100+ acres
Lot Details:
400
Lot Features:
Private setting, Treed
Parking:
Detached Garage, RV, See Remarks
Total Parking Spaces:
3
  • Photo 1: 592 Bear Valley Road Lumby Valley: Okanagan Shuswap Real Estate Listing: MLS®# 10320733
    Welcome to your private lake
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    Main home
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    Chalet
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    2 Cabins
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Data was last updated November 25, 2024 at 03:45 PM (UTC)
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