2240 97B Highway SE
Salmon Arm, BC V1E1X6
$1,699,000
Property Details
Property & Lot
- Sub-type
- Other
- Stories
- 2
- Lot size
- 47 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $4,655
Interior
- Basement
- Full
- Heating
- Stove, Forced air, See remarks, Wood
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Mixed Flooring
Exterior & Lot
- Exterior features
- Vinyl siding
- Waterfront
- Waterfront on creek
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Attached Garage, RV, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 12' x 10' |
| Utility room | Main level | 13'7'' x 15'8'' |
| Other | Basement | 12' x 10'1'' |
| Storage | Basement | 12' x 18'4'' |
| Recreation room | Basement | 16'8'' x 28'3'' |
| Media | Basement | 23'3'' x 16'3'' |
| Full bathroom | Basement | 8'6'' x 8'1'' |
| Bedroom | Basement | 12'9'' x 12'8'' |
| Family room | Main level | 16'2'' x 14'6'' |
| Laundry room | Main level | 7'6'' x 8' |
| Foyer | Main level | 6'1'' x 13'1'' |
| Full bathroom | Main level | 9'3'' x 11'11'' |
| Bedroom | Main level | 11'10'' x 13'10'' |
| Bedroom | Main level | 9'9'' x 10'4'' |
| Full ensuite bathroom | Main level | 4'8'' x 6'6'' |
| Primary Bedroom | Main level | 16' x 11'9'' |
| Dining room | Main level | 8'6'' x 14'6'' |
| Living room | Main level | 13'3'' x 16'6'' |
| Dining room | Main level | 11'2'' x 13'3'' |
| Pantry | Main level | 2'6'' x 5' |
| Kitchen | Main level | 9'10'' x 14'6'' |
Listing Information
- MLS®
- 10383198
- Listed
- April 13, 2026
- Time on market
- On the market for 140 days
- Data last synced
- August 28, 2026
Listing provided by: B.C. Farm & Ranch Realty Corp. · Data source: CREA DDF.
Description
47 acres with Large rancher, beautiful mountain view overlooking hayfields & pasture and Canoe Creek, 2200 square feet on main floor, full partially finished walkout basement. 4 beds up 1 down/ 3 bath. Main, living room, dining area, family room, kitchen, laundry, 2 gas fireplaces, a woodstove in the basement to keep it cozy warm in the winter. Lots of storage closets. New custom oak cabinets, solid plywood boxes by Mi-Tec Custom Cabinetry. All new kitchen appliances. Opportunity to suite the basement, plumbed in. Build a secondary dwelling. Good producing well at 30 gpm. Large attached double garage. Shop to work in and space for all your toys under cover. Go farming and raise your own grassfed beef or cow/calf pairs, sell hay, you have it here or have it customed hayed and leave the work to someone else while keeping your farm status and getting a break on your taxes. Owner has lived here for over 26 years and raised the family here. Great property for the family, room for kids to bring their dirt bikes, sleds, etc., or there is access at rear of property by way of 20 Avenue to ride mountain bikes or hiking on the South Canoe Trails or have your own horse with riding trails, riding arenas close by. The school bus stops right at the driveway. Conveniently located on Highway 97B, (Increase in traffic while building of the Bruhn Bridge) only 7 minutes to downtown. Wildlife are seen regularly on the property, deer, moose, coyotes and bear. Lots of Opportunities for a family. (id:63159)
Values & Trends
This listing
$689/sqft
Building average
—
No other active listings in this building
SE Salmon Arm average
$304/sqft
12 active listing(s)
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
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.
Population
19,432
(2021 Census)
+9.7% since 2016
Density: 125.2/km²
Dwellings: 8,517
Median household income: $75,000
After-tax: $68,000
Immigrant population: 10.2%
Top countries of origin (% of total population)
- United Kingdom2.4% · 460
- United States of America1.1% · 210
- Germany0.9% · 170
- Netherlands0.7% · 145
- Philippines0.7% · 140
- Poland0.3% · 55
- China0.3% · 55
- India0.3% · 50
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| South Canoe | Elementary/Middle | 932 m |
| Shuswap Middle School | Middle | 2.8 km |
| King's Christian School(Independent) | K-12 | 3.1 km |
| South Broadview Elementary | Elementary | 3.1 km |
| Hillcrest Elementary | Elementary | 3.1 km |
| Ranchero Elementary Junior | Elementary/Middle | 3.7 km |
| Bastion Elementary | Elementary | 4.0 km |
| Salmon Arm Secondary | Secondary | 4.1 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($339,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.