592 Bear Valley Road

Hospitality For Sale in Lumby, British Columbia

$4,999,900
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:4069)
Address
592 Bear Valley Road
List Price
$4,999,900
Property Type
Hospitality
Type of Dwelling
Other
Area
British Columbia
Sub-Area
Lumby
Lot Size
400 Sq. Ft.
Year Built
2010
MLS® Number
10343005
Listing Brokerage
Real Broker B.C. Ltd
Postal Code
V0E2G1
Site Influences
View
Features
Private setting, Treed

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2 PERCENT REALTY INTERIOR INC

Kamloops BC V3V 0B6

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Office: 250-488-6417

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