Property Type: Land / LotOwnership: Freehold

1720 Blind Bay Road Unit# Lot 1, 2, 3, 4, 5

Sorrento, BC V0E1H1

$1,698,800

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Property Details

Property & Lot

Sub-type
Other
Lot size
34.54 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10395927
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

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

Description

Aggressively Priced!! Below Assessed Value!! • 5 View Lots • Registered Boat Buoys • Exceptional Development Potential! A rare opportunity to acquire one of Blind Bay's premier semi-lakeshore development properties. This offering includes a rural residential lot, subdividable with panoramic views of Shuswap Lake, the surrounding mountains, and valley. Water is available at the lot line, and the upper portion of semi lakeshore lots has passed perc testing for septic. The seller has subdivision plans, sanitary servicing documentation, and development information available. Across the highway, the balance of the property is currently zoned for 2 estate-sized lots. The District is open to alternative development concepts, including residential, mixed-use, commercial, retirement community, or manufactured home park, subject to approvals. Development of the upper section would require a traffic study and access easements. Build your dream lakeside home, develop and sell individual lots, or create a community. Located in the heart of Blind Bay on Shuswap Lake, enjoy year-round boating, fishing, golf, hiking, snowmobiling, and outdoor recreation. Properties offering lake views, registered boat buoys, flexible development potential, and pricing below assessed value are exceptionally rare. Develop, invest, or build your legacy property in one of the Shuswap's most desirable locations. Information deemed to be correct; however, Buyer or Buyer's agent should verify all information. (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
Sorrento ElementaryElementary3.0 km
North Shuswap ElementaryElementary/Middle9.1 km
Carlin Elementary MiddleElementary/Middle10.4 km
Haldane ElementaryElementary19.3 km
Chase Elementary-SecondaryElementary19.4 km
Shuswap SDA(Independent)Elementary/Middle20.1 km
North Canoe ElementaryElementary20.7 km
Salmon Arm West ElementaryElementary22.0 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,359,040.00
Periodic payment — Principal & Interest (monthly)$8,768.06
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$8,768.06
Interest paid over 5-yr term$389,504.77
Balance at end of term$1,222,460.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,760
Stress test qualifying rate8.09%
Payment you must qualify for$10,450.54

Cash Needed at Closing

Minimum down payment$339,760
Estimated BC PTT$31,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,236

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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