$5,490,000 FOR SALE

Commercial/Retail

592 Bear Valley Road
Lumby, BC V0E 2G1 | Lumby Valley

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:47423)

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Listed By Coldwell Banker Executives Realty
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10320733
Last Updated Oct 08, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Appliance
Neighbourhood Lumby Valley
Price History
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Detailed Information
Community Features Rural Setting
Features Private setting, Treed
Listing Contract Date 2024-07-30
Municipal ID 013-586-548
Ownership Type Freehold
# of Parking Spaces 3
Property Type Hospitality
Transaction Type For sale
Views Lake view, Mountain view, Valley view
Zoning Unknown
Business
Business Type Retail and Wholesale
Business Subtype Appliance
Building
Type Other
Utility Water Cistern, Creek/Stream, Licensed, See Remarks, Private Utility, Dug Well, Well
Parking Spaces
Name Spaces
See Remarks
Detached Garage3
RV
Land
Total Size 400 acres
Access Type Highway access
Acreage Yes
Fence Type Fence
Landscape Features Wooded area
Sewer Septic tank
Size of Irregular Land 400

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