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:20009)

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

Contact Us

Contact us for more information

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Chrysta Cleverley
Personal Real Estate Corporation

(250) 309-1296

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

(250) 549-2103
(250) 549-2106
thebchomes.com/