Property Type: Detached HouseOwnership: Freehold

285 Kault Hill Road

Salmon Arm, BC V1E3A4

$1,150,000

4 bed2 bath2 parking2,079 sqftBuilt 1997
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
3.04 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,836.41

Interior

Heating
Forced air
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Carport

Room Dimensions

RoomLevelDimensions
StorageMain level16'3'' x 7'10''
OfficeMain level7'5'' x 7'5''
BedroomMain level11'3'' x 12'1''
GymMain level9'9'' x 11'7''
Laundry roomMain level9'7'' x 8'11''
Mud roomMain level10'2'' x 13'5''
Full bathroomMain level7'10'' x 6'2''
Full bathroomMain level8'8'' x 7'10''
BedroomMain level11'4'' x 11'
BedroomMain level12'6'' x 9'9''
Primary BedroomMain level13'10'' x 13'3''
Dining roomMain level15'6'' x 13'4''
KitchenMain level10'7'' x 11'7''
Living roomMain level19'3'' x 13'

Listing Information

MLS®
10383275
Listed
April 14, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Perched on 3 acres in the sought-after Kault Hill area, Lakeview Haskap offers a rare blend of stunning scenery, income potential, and lifestyle opportunity. A rare acre property, offering breathtaking views of Shuswap Lake, Bastion Mountain & the picturesque Tappen/Notch Hill Valley. This one-of-a-kind acreage blends lifestyle, income potential, and future opportunity in a truly scenic setting. Established in 2018, the property features approximately 1,000 Boreal haskap plants, including Blizzard, Beast, and Beauty varieties, thoughtfully planted for staggered harvesting. The farm follows sustainable, pesticide-free practices with landscape fabric and underground drip irrigation designed to support long-term soil health and efficient production. The home offers convenient single-level living with 4 beds plus a den, ideal for families or those seeking space to work from home. An impressive 1,200 sq. ft. attached garage and workshop includes drive-thru access, a 10x10 cold storage/freezer room, and an oversized carport—perfect for RVs, trailers, or additional equipment. A newer septic system (2023) adds confidence for years to come. This property truly stands out for its flexibility. Zoning allows for a second residence, creating options for extended family living, rental income, or a caretaker home. Whether you’re dreaming of a hobby farm, agri-tourism venture, or simply a private retreat with room to grow, the potential here is exceptional. Outdoor enthusiasts will appreciate direct access to Fly Hills, offering year-round recreation right from your doorstep. Lakeview Haskap has established strong local connections, supplying businesses such as DeMille’s Farm Market and Gourmet Greens in Kamloops, with additional collaboration alongside producers like Tutor Farms. With a loyal customer base and consistently sold-out harvests, this is a turn-key opportunity to step into and expand a thriving agri-business. (id:63159)

Values & Trends

This listing

$553/sqft

Building average

No other active listings in this building

Tappen / Sunnybrae average

$645/sqft

14 active listing(s)

Parking: 2 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

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

SchoolTypeDistance
Carlin Elementary MiddleElementary/Middle6.6 km
Shuswap SDA(Independent)Elementary/Middle6.9 km
Salmon Arm West ElementaryElementary7.9 km
North Canoe ElementaryElementary8.1 km
J.L. Jackson SecondarySecondary8.3 km
Salmon Arm SecondarySecondary8.3 km
Bastion ElementaryElementary8.3 km
Salmon Arm StorefrontSecondary8.4 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: 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.)$257.03
Total monthly cost$6,192.56
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.

Request more information