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 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
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Contact us for more information
Chrysta Cleverley
Personal Real Estate Corporation
3405 27 St
Vernon, British Columbia V1T 4W8