2860 Highway 97 North
Falkland, BC V4Y0X3
$749,900
Property Details
Property & Lot
- Sub-type
- Other
- Stories
- 2.5
- Lot size
- 5.13 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $3,893
Interior
- Basement
- Full
- Heating
- Heat Pump, Baseboard heaters
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (2)
- Fireplace type
- Wood, Conventional
- Flooring
- Carpeted, Linoleum, Vinyl
Parking
- Features
- RV
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 9'3'' x 11'6'' |
| Bedroom | Main level | 9'3'' x 9'10'' |
| Living room | Main level | 16'2'' x 18'5'' |
| Dining room | Main level | 12'0'' x 8'4'' |
| Full bathroom | Main level | 11'4'' x 5'4'' |
| Bedroom | Main level | 11'4'' x 10'4'' |
| Laundry room | Main level | 14'1'' x 7'9'' |
| Kitchen | Main level | 12' x 8'9'' |
| Family room | Lower level | 11'4'' x 12'6'' |
| Bedroom | Lower level | 8'0'' x 8'6'' |
| Storage | Lower level | 11'11'' x 5'5'' |
| Storage | Lower level | 11'11'' x 10'6'' |
| Storage | Lower level | 11'11'' x 7'1'' |
| Bedroom | Lower level | 11'4'' x 18'1'' |
| Laundry room | Lower level | 11'11'' x 15'8'' |
Listing Information
- MLS®
- 10384398
- Listed
- June 28, 2026
- Time on market
- On the market for 64 days
- Data last synced
- August 28, 2026
Listing provided by: 3 Percent Realty Inc. · Data source: CREA DDF.
Description
Escape to the beauty and possibility of country living on this picturesque 5+ acre property in the North Okanagan. Whether you’re dreaming of a hobby farm, home-based business, or simply more space to enjoy the outdoors, this property offers endless potential. The 31’ x 62’ bright red shop (with large bay doors on either end) is ready for your vehicles, equipment, workshop, or the next big project. A small barn, chicken coop, former honey processing facility with power and water, fruit trees and garden areas provide what you need to embrace a self-sufficient lifestyle. Ideally situated along Highway 97 North between Vernon and Falkland (close to Salmon River Road), the property features two highway access points and offers excellent visibility, creating opportunities for a roadside farm stand - to sell homegrown produce, flowers, or other local goods. This was formerly the home of Silver Star Apiaries a local honey processor. The home offers a solid foundation with plenty of functional living space. Move in comfortably while completing your renovations at your own pace and transform it into the country home you’ve always envisioned. From the living room you can enjoy peaceful views overlooking the neighbouring lake, adding to the property’s tranquil setting. With room to grow, work, and play, this is a rare opportunity to create the rural lifestyle you’ve been dreaming of while building lasting value. Come experience the possibilities for yourself—book your private showing today! (id:63159)
Values & Trends
This listing
$408/sqft
Building average
—
No other active listings in this building
Salmon Vly / Falkland average
$706/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
Nearest station: Salmon Arm
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 7.9 km |
| Pleasant Valley Secondary | Secondary | 10.9 km |
| Len Wood Middle School | Middle | 11.2 km |
| Armstrong Elementary | Elementary | 11.5 km |
| Highland Park Elementary | Elementary | 11.6 km |
| Falkland Elementary Junior School | Elementary/Middle | 15.0 km |
| Silver Creek Elementary Secondary | Elementary/Middle | 16.1 km |
| Vernon Christian School(Independent) | K-12 | 17.4 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)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($49,990) — 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.