000 Near Highway 97A
Spallumcheen, BC V0E3B7
$400,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 40 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,561
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
- Waterfront
- Waterfront on creek
Listing Information
- MLS®
- 10384344
- Listed
- April 28, 2026
- Time on market
- On the market for 125 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.
Description
Rare opportunity to secure 80 acres in the Southeast Sector of Spallumcheen. Offered as two 40-acre parcels at $15,000 per acre and just 15 minutes north of Vernon. Zoned Large Holdings, the land supports single-family residential, bed and breakfast, agricultural, and resource-based uses. Spallumcheen is ready for this land to be developed, giving future owners a clear and supported path to advance their project. Timber value on the property gives buyers a practical way to offset acquisition costs while planning their vision. The water license comes with the property. Whether you are a developer ready to enter one of BC’s most in-demand markets, an investor expanding a portfolio, or a buyer looking to create a private Okanagan retreat that feels worlds away but sits minutes from everything Vernon has to offer, this is your canvas. (id:63159)
Location Insights
Weather
Nearest station: Vernon
16°C
—
Humidity 68%
Wind ESE 16 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,307
(2021 Census)
+3.9% since 2016
Density: 20.8/km²
Dwellings: 2,099
Median household income: $84,000
After-tax: $76,500
Immigrant population: 7.6%
Top countries of origin (% of total population)
- United States of America1.3% · 70
- Germany1.2% · 65
- United Kingdom1.1% · 60
- Netherlands1% · 55
- South Africa, Republic of0.4% · 20
- Russian Federation0.2% · 10
- Philippines0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 6.0 km |
| Pleasant Valley Secondary | Secondary | 6.3 km |
| Len Wood Middle School | Middle | 6.6 km |
| Armstrong Elementary | Elementary | 6.7 km |
| Highland Park Elementary | Elementary | 7.6 km |
| Vernon Christian School(Independent) | K-12 | 8.5 km |
| B X Elementary | Elementary | 10.3 km |
| Pleasant Valley Christian Academy(Independent) | Elementary/Middle | 12.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.