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592 Bear Valley Road Lumby, British Columbia V0E 2G1

Acreage Wooded Area

$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 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:59116)

Business

BusinessType Retail and Wholesale
BusinessSubType Appliance

Property Details

MLS® Number 10320733
Property Type Hospitality
Neigbourhood Lumby Valley
CommunityFeatures Rural Setting
Features Private Setting, Treed
ParkingSpaceTotal 3
ViewType Lake View, Mountain View, Valley View

Building

Type Other
UtilityWater Cistern, Creek/stream, Licensed, See Remarks, Private Utility, Dug Well, Well

Parking

See Remarks
Detached Garage 3
RV

Land

AccessType Highway Access
Acreage Yes
FenceType Fence
LandscapeFeatures Wooded Area
Sewer Septic Tank
SizeIrregular 400
SizeTotal 400 Ac|100+ Acres
SizeTotalText 400 Ac|100+ Acres
ZoningType Unknown

https://www.realtor.ca/real-estate/27233761/592-bear-valley-road-lumby-lumby-valley

Interested?

Contact us for more information


Chrysta Cleverley
Personal Real Estate Corporation


Coldwell Banker Executives Realty
3405 27 St
Vernon, British Columbia V1T 4W8

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