Property Type: Land / LotOwnership: Freehold

1600 South Sheppard Road

Nelson, BC V1L2J1

$1,950,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
22.24 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$8,899.89

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view

Listing Information

MLS®
10380447
Listed
March 25, 2026
Time on market
On the market for 159 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

BEST NELSON DEVELOPMENT PROPERTY OPPORTUNITY IN A GENERATION. This rare 22.24-acre offering sits above the Rail Trail, capturing breathtaking panoramic views of the city, Kootenay Lake, and surrounding mountains—arguably some of the finest in the West Kootenays. UNZONED and located across the street from city limits (no city taxes), this property presents exceptional flexibility and potential. With a licensed water source, surface creeks and natural springs, and expansive usable terrain, it’s ideally suited for a subdivision development, multi-generational estate, or your ultimate dream home. Imagine building a legacy property where privacy, sun exposure, and world-class views come together—just minutes from Nelson’s vibrant downtown. Opportunities like this are incredibly rare. Build your vision and own a piece of one of BC’s most sought-after landscapes. (id:63159)

Location Insights

Weather

13°C

Humidity 80%

Wind ESE 4 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

11,106

(2021 Census)

+5.1% since 2016

Density: 930.9/km²

Dwellings: 5,314

Median household income: $72,500

After-tax: $65,500

Immigrant population: 15.1%

Top countries of origin (% of total population)

  • United States of America3.5% · 390
  • United Kingdom3.3% · 365
  • Philippines0.8% · 85
  • Germany0.6% · 65
  • Italy0.6% · 65
  • India0.5% · 55
  • Netherlands0.4% · 40
  • South Africa, Republic of0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
South Nelson ElementaryElementary602 m
Trafalgar Middle SchoolMiddle625 m
St Joseph School(Independent)Elementary/Middle923 m
WildflowerElementary/Middle1.1 km
ReachSecondary1.1 km
Hume Elementary SchoolElementary1.7 km
Rosemont Elementary SchoolElementary1.7 km
L V Rogers SecondarySecondary1.8 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: Kootenay Lake (SD8)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$741.66
Total monthly cost$10,806.25
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

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.

Request more information