Property Type: Detached HouseOwnership: Freehold

2940 Loon Lake Road

Cache Creek, BC V0K1H1

$789,000

4 bed2 bath2 parking2,292 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.06 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,597

Interior

Basement
Full
Heating
Electric, Hot Water
Fireplace
Yes (2)
Fireplace type
Free Standing Metal, Pellet, Stove
Flooring
Mixed Flooring

Exterior & Lot

Exterior features
Wood siding
View
Lake view, Mountain view, View of water

Building

Roof
Metal, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV, See Remarks, Additional Parking

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level
BedroomMain level11' x 7'11''
FoyerMain level6'6'' x 4'8''
Utility roomLower level6'6'' x 7'6''
Games roomLower level19' x 10'7''
Primary BedroomLower level10'3'' x 19'3''
Recreation roomLower level19'7'' x 14'2''
OtherLower level9'4'' x 9'
Laundry roomMain level8'1'' x 14'9''
4pc BathroomMain level
BedroomMain level11' x 7'11''
BedroomMain level7'10'' x 10'4''
Living roomMain level14' x 24'
Dining roomMain level10' x 11'4''
KitchenMain level19'4'' x 13'

Listing Information

MLS®
10389276
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Set on a beautifully landscaped acre with over 150 feet of waterfront on sought-after Loon Lake, this impressive lakefront property offers stunning views, privacy, and year-round recreation. The updated Pan-Abode style log home features a rancher design with full sunshine basement and nearly 2,300 sq ft of finished living space with 4 bedrooms and 2 full baths. A huge, covered deck overlooks the lake and creates the perfect setting for relaxing or entertaining. Comfort and efficiency combine with hot water heating, a high-end wood stove upstairs and pellet stove down plus a backup generator. The property is exceptionally well equipped for hobbyists, storage, or home-based projects with a 24x24 detached workshop/garage with 200 amp service, plus a 400 sq ft workshop, and multiple outbuildings including greenhouses, sheds, wood storage, and canopy structures. The lower waterfront area features a lakeside BBQ patio, boat house, and 2 private docks for enjoying everything lake life has to offer. Irrigated garden beds and additional upper property across the road provide excellent space for RV parking, boat storage, or future ideas. Located only minutes from Crown land, endless quad trails, and some of the region's best trout fishing, Loon Lake is a premier destination for outdoor enthusiasts. A rare opportunity to enjoy the perfect blend of waterfront living, recreation, and functionality. (id:63159)

Values & Trends

This listing

$344/sqft

Building average

No other active listings in this building

Loon Lake average

$460/sqft

2 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

19°C

Humidity 49%

Wind SSE 2 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

969

(2021 Census)

+0.6% since 2016

Density: 93.2/km²

Dwellings: 522

Median household income: $55,200

After-tax: $52,000

Immigrant population: 12.3%

Top countries of origin (% of total population)

  • United States of America3.6% · 35
  • Philippines2.6% · 25
  • Netherlands1.5% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Gold Trail (SD74)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$631,200.00
Periodic payment — Principal & Interest (monthly)$4,072.29
Additional monthly expenses (strata, tax, utilities, etc.)$414.75
Total monthly cost$4,487.04
Interest paid over 5-yr term$180,903.73
Balance at end of term$567,766.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,652.66

Cash Needed at Closing

Minimum down payment$53,900
Estimated BC PTT$13,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,180

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.

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