Property Type: Detached HouseOwnership: Freehold

3934 Cokato Road

Fernie, BC V0B1M4

$2,725,000

9 bed10.5 bath11,298 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
9.47 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,668.68

Interior

Basement
Full
Heating
Radiant heat, See remarks, Hot Water
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Concrete, Hardwood, Laminate, Slate, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Stone, Stucco
View
Mountain view, River view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
RV, Oversize, Additional Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Games roomSecond level7'11'' x 11'6''
LoftSecond level9'11'' x 16'6''
3pc Ensuite bathSecond level7'11'' x 11'5''
BedroomSecond level16'7'' x 21'0''
LoftSecond level8'5'' x 15'11''
Full ensuite bathroomSecond level7'11'' x 11'5''
BedroomSecond level14'8'' x 26'2''
Exercise roomSecond level13'0'' x 25'11''
LoftSecond level15'4'' x 16'9''
BedroomSecond level19'6'' x 20'10''
3pc Ensuite bathSecond level8'1'' x 12'3''
3pc Ensuite bathSecond level6'11'' x 10'2''
BedroomSecond level19'6'' x 20'5''
6pc Ensuite bathSecond level12'4'' x 20'7''
Primary BedroomSecond level21'0'' x 28'2''
Great roomSecond level19'2'' x 26'5''
StorageMain level24'10'' x 29'6''
Utility roomMain level8'5'' x 12'2''
Mud roomMain level20'9'' x 21'5''
2pc BathroomMain level5'5'' x 8'11''
Laundry roomMain level4'11'' x 8'11''
3pc Ensuite bathMain level9'5'' x 13'7''
BedroomMain level14'1'' x 19'11''
FoyerMain level22'6'' x 33'10''
Family roomMain level19'11'' x 28'2''
Living roomMain level19'3'' x 36'11''
Dining roomMain level15'1'' x 20'9''
StorageMain level11'2'' x 18'1''
KitchenMain level20'9'' x 23'8''
OtherBasement7'6'' x 8'2''
SaunaBasement6'2'' x 4'9''
3pc BathroomBasement8'2'' x 9'0''
StorageBasement5'0'' x 9'0''
3pc BathroomBasement8'3'' x 12'4''
Utility roomBasement10'4'' x 15'7''
BedroomBasement11'6'' x 14'5''
BedroomBasement17'7'' x 19'11''
3pc Ensuite bathBasement6'9'' x 7'6''
BedroomBasement22'8'' x 18'6''

Listing Information

MLS®
10396170
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Mountain Lifestyles Inc. · Data source: CREA DDF.

Description

Welcome to Elk View Lodge, a spectacular mountain property perched above Cokato Road on an extremely private 9.47-acre view lot in beautiful Fernie, BC. Enjoy some of the best views in the valley, with uninterrupted vistas of the Lizard Range and Fernie Alpine Resort. A true nature lover’s paradise, this four-season retreat offers direct access to Montane hiking, biking and cross-country ski trails on both sides of the driveway, while Fernie Alpine Resort is just 10 minutes away. Offering over 11,000 sq. ft. of living area, Elk View Lodge has operated as a hospitality venue for over 14 years, hosting weddings, corporate and community events and, most recently, short- and medium-term accommodation. Zoned RR-2 with an amendment permitting its existing use, this is a rare opportunity in Fernie’s thriving hospitality market. The main level features a dramatic wood and concrete staircase, massive great room with floor-to-ceiling windows, extensive decks, oversized kitchen, large ski/bike room and 3-car garage(currently converted to storage space). With 9 bedrooms, 10 bathrooms and multiple event areas, the property can accommodate guests in 8 private guest rooms and host groups of up to 75 per event. Equally suited as a multi-generational family estate, bring your family and friends and enjoy everything Fernie has to offer. One of the largest homes available in the region, Elk View Lodge is offered fully furnished at a fraction of its replacement value. This is truly one of Fernie’s best values! GST applicable. (id:63159)

Values & Trends

This listing

$241/sqft

Building average

No other active listings in this building

Fernie average

$706/sqft

36 active listing(s)

Parking: Not indicatedStorage 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

Nearest station: Sparwood

Mainly Sunny

12°C

Mainly Sunny

Humidity 72%

Wind SE 4 km/h

Tonight

Tuesday

26°

Tuesday night

Wednesday

21°

Wednesday night

Thursday

18°

Source: Environment and Climate Change Canada.

Population

6,320

(2021 Census)

+17.1% since 2016

Density: 418.3/km²

Dwellings: 3,256

Median household income: $107,000

After-tax: $92,000

Immigrant population: 13.8%

Top countries of origin (% of total population)

  • United Kingdom4.4% · 275
  • United States of America1.3% · 80
  • Germany0.8% · 50
  • Italy0.6% · 40
  • France0.6% · 35
  • Philippines0.5% · 30
  • Russian Federation0.2% · 15
  • Hong Kong0.2% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Sophie-MorigeauElementary1.6 km
The Fernie Academy(Independent)K-122.9 km
Isabella Dicken ElementaryElementary3.7 km
Fernie SecondaryK-124.2 km
Jaffray Elem-Jr SecondaryElementary/Middle20.9 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: South East Kootenay (SD5)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($545,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,180,000.00
Periodic payment — Principal & Interest (monthly)$14,064.62
Additional monthly expenses (strata, tax, utilities, etc.)$1,370.72
Total monthly cost$15,435.34
Interest paid over 5-yr term$624,794.27
Balance at end of term$1,960,917.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$545,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,763.44

Cash Needed at Closing

Minimum down payment$545,000
Estimated BC PTT$59,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$606,250

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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