Property Type: Land / LotOwnership: Freehold

110 Parsons Road

Mara, BC V0E2K0

$2,200,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
98.48 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$116.33

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view
Waterfront
Waterfront on river

Listing Information

MLS®
10397887
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

A rare opportunity to own 98.48 acres of licensed, irrigated farmland with approximately 1/2 mile of Shuswap River frontage at the south end of Mara Lake. This exceptional property combines productive agricultural land with a beautiful park like setting and easy access to the river’s sandy shoreline. Expansive open fields are currently planted in alfalfa and grass, offering excellent agricultural potential while providing plenty of space for recreation, privacy and enjoying the surrounding natural beauty. A significant water resource is provided by an artesian well producing approximately 200 GPM, equipped with a 50 HP submersible pump and buried irrigation mainline. Hydro service is available, and elevations have been surveyed to identify potential building sites, creating an excellent opportunity to explore your vision for a future home. With the Shuswap River at your doorstep, stunning mountain views and the recreational amenities of Mara Lake nearby, this property offers a unique combination of agriculture, riverfront living and recreational appeal. Whether you’re looking to expand your agricultural operation, create a private country retreat or secure a substantial piece of riverfront acreage, this is a property worth exploring. Riverfront acreage of this size and quality, offered at a fraction of the cost of comparable lakefront property, is a rare find. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Grindrod ElementaryElementary10.6 km
Ranchero Elementary JuniorElementary/Middle12.0 km
South CanoeElementary/Middle12.4 km
North Canoe ElementaryElementary13.8 km
Mountain View Christian(Independent)Elementary/Middle13.9 km
South Broadview ElementaryElementary14.5 km
King's Christian School(Independent)K-1214.6 km
Shuswap Middle SchoolMiddle14.8 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: 20.0% ($440,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,760,000.00
Periodic payment — Principal & Interest (monthly)$11,354.92
Additional monthly expenses (strata, tax, utilities, etc.)$9.69
Total monthly cost$11,364.62
Interest paid over 5-yr term$504,421.06
Balance at end of term$1,583,125.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$440,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,533.78

Cash Needed at Closing

Minimum down payment$440,000
Estimated BC PTT$44,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,500

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.

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