Property Type: Detached HouseOwnership: Freehold

& 14506 3A Highway Unit# 14504

Gray Creek, BC V0B1S0

$749,000

2 bed1 bath1,564 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Style
Bungalow
Stories
2
Lot size
11.96 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,410.61

Interior

Heating
Baseboard heaters
Fireplace
None
Flooring
Ceramic Tile, Vinyl, Mixed Flooring

Exterior & Lot

Exterior features
Wood
View
Lake view, Mountain view, View of water
Lot features
Private setting

Building

Roof
Asphalt shingle, Unknown
Water source
Well
Sewer
Septic tank
Parcel ID (PID)
024-856-126

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Primary BedroomMain level11'3'' x 9'9''
BedroomMain level11'3'' x 8'2''
Living roomMain level10'10'' x 11'8''
Dining roomMain level14'1'' x 7'1''
KitchenMain level11'1'' x 10'10''

Listing Information

MLS®
10395790
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
September 1, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

11.96 acres of breathtaking beauty on the East Shore of Kootenay Lake, where panoramic lake and mountain views take center stage. This exceptional property offers two move-in ready homes, making it an ideal opportunity for multi-generational living, rental income, or the ultimate family retreat. Thoughtfully positioned to capture the spectacular scenery, both homes enjoy incredible views from nearly every window. The first home features a bright, open-concept studio design on the main level, along with a in-law suite that provides excellent flexibility for guests, extended family, or short or long-term rental potential. The second home offers two bedrooms on the main floor and a full walkout basement ready for your finishing ideas and future expansion. Expansive decks and walkout basements in both homes create seamless indoor-outdoor living, offering the perfect setting to relax, entertain, or simply soak in the peaceful surroundings. With full sun exposure, the property is ideal for flourishing gardens, while multiple flat benches, including a recently cleared lower plateau; provide excellent space for a workshop, additional building site, RV parking, or future development. Whether you're dreaming of a private family estate, an income-generating investment, or a peaceful Kootenay getaway, this property offers outstanding versatility in an unforgettable setting. Conveniently located just minutes from Crawford Bay, you'll enjoy easy access to artisan shops, restaurants, groceries, a school, a gym, and everyday amenities. Golf courses, sandy beaches, hiking trails, and endless outdoor recreation are all nearby, making this a rare opportunity to embrace the Kootenay lifestyle! (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

East Shore average

$566/sqft

8 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Nelson

16°C

Humidity 68%

Wind NE 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Crawford Bay Elem-SecondaryK-1210.2 km
Redfish Elementary SchoolElementary18.4 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: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$278.88
Total monthly cost$4,144.72
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

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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