Property Type: Land / LotOwnership: Freehold

167 Ravine Drive

Coldstream, BC V1B3B7

$660,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,413.35

Interior

Fireplace
None

Exterior & Lot

View
City view, Mountain view, View of water

Listing Information

MLS®
10373314
Listed
January 19, 2026
Time on market
On the market for 224 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Core Realty · Data source: CREA DDF.

Description

Welcome to an exceptional opportunity to build your executive dream home in one of Coldstream's most prestigious enclaves. Nestled within Cypress Point at Coldstream Valley Estates, this nearly 5-acre vacant parcel offers breathtaking, unobstructed views in every direction. Take in sweeping panoramas of Kalamalka Lake, the rolling Coldstream Valley, surrounding mountains, and the sparkling night lights of the City of Vernon. The elevated setting provides a perfect balance of privacy and openness, surrounded by nature while remaining just minutes from city amenities, schools, beaches, and recreation. This remarkable property offers ample space for a custom luxury residence, outdoor living areas, and private retreat-style landscaping. If you are seeking tranquility, natural beauty, and an exclusive setting close to the city, this is a rare and inspiring location to bring your vision to life. (id:63159)

Location Insights

Weather

Nearest station: Vernon

18°C

Humidity 66%

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

11,171

(2021 Census)

+4.9% since 2016

Density: 167.8/km²

Dwellings: 4,341

Median household income: $110,000

After-tax: $97,000

Immigrant population: 11.4%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 265
  • Germany1.3% · 150
  • United States of America0.8% · 90
  • India0.7% · 75
  • South Africa, Republic of0.5% · 60
  • Poland0.4% · 50
  • Netherlands0.4% · 40
  • China0.3% · 35

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Hillview ElementaryElementary2.3 km
Alternative Learning ProgramSecondary3.0 km
Coldstream ElementaryElementary3.2 km
Vernon SecondaryElementary3.4 km
Silver Star ElementaryElementary3.8 km
Kalamalka SecondaryElementary4.0 km
Kidston ElementaryElementary4.4 km
St James(Independent)Elementary4.5 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($41,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$528,000.00
Periodic payment — Principal & Interest (monthly)$3,406.48
Additional monthly expenses (strata, tax, utilities, etc.)$201.11
Total monthly cost$3,607.59
Interest paid over 5-yr term$151,326.32
Balance at end of term$474,937.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,759.89

Cash Needed at Closing

Minimum down payment$41,000
Estimated BC PTT$11,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,700

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