Property Type: Detached HouseOwnership: Freehold

187 Gibson Road

Lumby, BC V0E2G1

$1,150,000

4 bed3.5 bath10 parking2,496 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
80 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,025

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Laminate, Carpeted

Exterior & Lot

View
Mountain view

Parking

Total spaces
10

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'0'' x 12'0''
3pc BathroomSecond level7'4'' x 7'10''
BedroomSecond level10'0'' x 12'9''
3pc Ensuite bathSecond level5'7'' x 12'2''
Primary BedroomSecond level12'2'' x 14'4''
Laundry roomMain level6'11'' x 12'8''
BedroomMain level12'2'' x 14'9''
2pc BathroomMain level4'10'' x 4'11''
FoyerMain level5'1'' x 5'5''
SunroomMain level13'8'' x 12'2''
Living roomMain level14'6'' x 16'10''
Dining roomMain level13'6'' x 14'7''
KitchenMain level10'11'' x 12'8''

Listing Information

MLS®
10391083
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

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

Description

Escape to your own private 80-acre retreat at the end of a quiet no-through road. This beautifully treed property features a 4-bedroom, 2.5-bath home across three spacious levels, offering the perfect setting for families, hobby farmers, outdoor enthusiasts, or anyone dreaming of a peaceful country lifestyle. Relax on the covered back porch overlooking the meadow and enjoy the sounds of nature. The main floor offers an open-concept kitchen, dining and living area with vaulted ceilings and a cozy wood stove, creating a warm gathering place year-round. A bright sunroom or home office provides the perfect spot to unwind or work from home while taking in the surrounding views. Also on the main level are a bedroom with walk-in closet, laundry and a convenient 2-piece bath. Upstairs you'll find the generous primary suite with a 3-piece ensuite featuring a soaker tub and large picture window overlooking your private landscape. Two additional spacious bedrooms and a full bathroom complete the upper floor, which overlooks the bright living space below. The unfinished basement is a blank canvas, ready for your ideas whether it's a workshop, recreation room or additional living space. Water is supplied by a reliable drilled well recently tested at 3.5 GPM, and the public road is maintained year-round by AIM. Enjoy the peace and privacy of country living while being only 10 minutes from Lumby, with schools, shopping, medical services, recreation and everyday amenities close at hand. A rare opportunity to create the rural lifestyle you've been dreaming of. (id:63159)

Values & Trends

This listing

$461/sqft

Building average

No other active listings in this building

Lumby Valley average

$474/sqft

46 active listing(s)

Parking: 10 stall(s) includedStorage 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: 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

2,063

(2021 Census)

+12.5% since 2016

Density: 347.9/km²

Dwellings: 861

Median household income: $77,000

After-tax: $70,500

Immigrant population: 9.2%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 60
  • United States of America1.2% · 25
  • Netherlands0.5% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Crossroads Learning CentreSecondary6.2 km
Charles Bloom SecondaryK-126.2 km
J W Inglis ElementaryElementary6.5 km
Okanagan Waldorf School(Independent)Elementary11.0 km
Lavington ElementaryElementary16.1 km
Cherryville ElementaryElementary18.9 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: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (strata, tax, utilities, etc.)$293.75
Total monthly cost$6,229.28
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.03

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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