2720 Salmon River Road
Salmon Arm, BC V1E3H8
$1,499,000
Property Details
Property & Lot
- Sub-type
- Other
- Stories
- 2
- Lot size
- 160 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $1,724
Interior
- Heating
- See remarks
- Fireplace
- None
Parking
- Total spaces
- 4 — covered indicated
- Features
- Detached Garage, Carport, RV, Oversize
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Full bathroom | Basement | 7'7'' x 7'7'' |
| Bedroom | Basement | 14'8'' x 10'6'' |
| Bedroom | Basement | 15'1'' x 10'6'' |
| Full bathroom | Main level | 8'9'' x 9'7'' |
| Bedroom | Main level | 11'2'' x 12'11'' |
| Primary Bedroom | Main level | 11'5'' x 13'9'' |
| Dining room | Main level | 8' x 15'1'' |
| Living room | Main level | 19'6'' x 14'6'' |
| Kitchen | Main level | 11'3'' x 15'1'' |
Listing Information
- MLS®
- 10379517
- Listed
- March 16, 2026
- Time on market
- On the market for 168 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Shuswap · Data source: CREA DDF.
Description
This productive 160-acre farm in the fertile Salmon Valley offers an excellent opportunity for agricultural or mixed-use operations. With a balanced mix of alfalfa fields, fenced pasture, and natural forest, the property is well suited for livestock, hay production, or a variety of farming ventures. The land is perimeter fenced with some cross-fencing already in place, providing a setup for managing animals and grazing rotation. A range of functional outbuildings support day-to-day farm operations, including a Quonset-style workshop, detached shop/garage, and a barn with hay and equipment storage plus a box stall. Additional features include a wired and insulated cold room ready for a compressor, a storage/craft room, and a traditional root cellar—ideal for farm storage and food preservation. The well-maintained 4-bedroom, 2-bathroom farmhouse offers comfortable living with a spacious living room and a modern kitchen updated in 2015. After a day’s work, the large covered deck provides a perfect place to relax while enjoying peaceful views of the surrounding valley. Major exterior updates between 2007–2010 include the roof, siding, windows, and deck, ensuring the home is move-in ready. With ample space, established infrastructure, and versatile land use potential, this property is well suited for farmers, ranchers, or anyone looking to create a productive rural lifestyle. (id:63159)
Values & Trends
This listing
$861/sqft
Building average
—
No other active listings in this building
Salmon Vly / Falkland average
$631/sqft
6 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
13°C
—
Humidity 91%
Wind S 2 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 |
|---|---|---|
| Silver Creek Elementary Secondary | Elementary/Middle | 9.0 km |
| Highland Park Elementary | Elementary | 12.8 km |
| Pleasant Valley Secondary | Secondary | 13.0 km |
| Len Wood Middle School | Middle | 13.0 km |
| Armstrong Elementary | Elementary | 13.2 km |
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 13.6 km |
| Falkland Elementary Junior School | Elementary/Middle | 14.4 km |
| M.V. Beattie Elementary | Elementary | 15.7 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: Okanagan-Shuswap (SD83)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 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.