2692 Highway 5A
Princeton, BC V0X1W0
$1,988,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 177 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,011.69
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, View of water
Listing Information
- MLS®
- 10394422
- Listed
- July 14, 2026
- Time on market
- On the market for 48 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Sussex · Data source: CREA DDF.
Description
Rare 177-Acre Waterfront Estate with 12-Home Potential! Discover a massive acreage bordering the northern shores of Round Lake, just minutes from Princeton at 2692 Highway 5A. Spanning roughly 177 pristine acres, this legacy property offers ultimate privacy, stunning waterfront views, and incredible development potential. The unique dual RDOS zoning (LH2 & AG3) officially permits up to 12 total dwellings, while un-subdivided (6 on the Large Holdings land and 6 on the Agricultural land), making it an ideal canvas for a massive family compound or multi-family retreat. Additionally, a significant 97-acre (39.25 ha) portion sits completely outside the ALR (Non-ALR). With an 8-hectare minimum lot size required in the LH2 zone, this section is a prime candidate for a future multi-lot subdivision. Best of all, this parcel is 100% build-ready, allowing you to skip the costly delays of developing raw land. Power, water, and septic are already fully installed on-site alongside a cleared, level building pad waiting for your immediate construction plans. Enjoy direct boundary frontage on Round Lake, where a standard 30-metre environmental watercourse setback ensures your private waterfront oasis remains beautifully preserved for generations to come. Whether you want to build a custom lake-view estate, an elite hobby ranch, or a high-upside investment, this property delivers total freedom without compromise. Don't miss this rare BC wilderness opportunity! (id:63159)
Location Insights
Weather
13°C
Partly Cloudy
Humidity 69%
Wind N calm km/h
Tonight
7°
Tuesday
26°
Tuesday night
12°
Wednesday
22°
Wednesday night
10°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
2,894
(2021 Census)
+2.3% since 2016
Density: 48.8/km²
Dwellings: 1,521
Median household income: $64,500
After-tax: $60,000
Immigrant population: 8.5%
Top countries of origin (% of total population)
- United Kingdom1.9% · 55
- United States of America1% · 30
- Germany0.9% · 25
- Philippines0.9% · 25
- Croatia0.3% · 10
- India0.3% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Princeton Secondary | Secondary | 23.5 km |
| Princeton Alternate School | Secondary | 24.0 km |
| John Allison Elementary | Elementary | 24.2 km |
| Vermilion Forks Elementary | Elementary | 24.7 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: Nicola-Similkameen (SD58)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($397,600) — 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.