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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 & 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:58444)

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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Chrysta Cleverley
Personal Real Estate Corporation


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

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