592 Bear Valley Road Lumby, British Columbia V0E 2G1
$5,490,000
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:46227)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Appliance |
Property Details
| MLS® Number | 10320733 |
| Property Type | Hospitality |
| Neigbourhood | Lumby Valley |
| Community Features | Rural Setting |
| Features | Private Setting, Treed |
| Parking Space Total | 3 |
| View Type | Lake View, Mountain View, Valley View |
Building
| Type | Other |
| Utility Water | Cistern, Creek/stream, Licensed, See Remarks, Private Utility, Dug Well, Well |
Parking
| See Remarks | |
| Detached Garage | 3 |
| R V |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Fence Type | Fence |
| Landscape Features | Wooded Area |
| Sewer | Septic Tank |
| Size Irregular | 400 |
| Size Total | 400 Ac|100+ Acres |
| Size Total Text | 400 Ac|100+ Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27233761/592-bear-valley-road-lumby-lumby-valley
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October 09 2024 12:12:05
Okanagan-Mainline Real Estate Board
Coldwell Banker Executives Realty