592 Bear Valley Road Lumby, British Columbia V0E 2G1

$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:25164)

Business

Business Type	Retail and Wholesale
Business Sub Type	Appliance

Property Details

MLS® Number	10343005
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

Constructed Date	2010
Type	Other
Utility Water	Cistern, Creek/stream, Licensed, See Remarks, Private Utility, Dug Well, Well

Parking

Additional Parking
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/28182174/592-bear-valley-road-lumby-lumby-valley