Property Type: OtherOwnership: Freehold

4878 Stepney Road

Spallumcheen, BC V4Y0R7

$799,900

2 bed1 bath1,195 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
Other
Stories
1
Lot size
7.8 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$2,907.39

Interior

Heating
Baseboard heaters, Electric, See remarks
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Vinyl

Exterior & Lot

Exterior features
Wood
View
Mountain view, River view, Valley view, View of water, View (panoramic)
Waterfront
Waterfront on creek

Building

Roof
Asphalt shingle, Unknown

Parking

Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomMain level11'8'' x 10'1''
Primary BedroomMain level11'11'' x 12'9''
4pc BathroomMain level8'9'' x 9'3''
Laundry roomMain level6'6'' x 8'9''
Living roomMain level12'9'' x 17'1''
Dining roomMain level10'3'' x 12'9''
FoyerMain level9'5'' x 19'9''
KitchenMain level9'4'' x 8'9''

Listing Information

MLS®
10395681
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

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

Description

MOTIVATED SELLER 7.8 Acre horse property minutes from Armstrong and Enderby on a quiet paved Road. Private and serene. The house is a modest 1195 sqft grade level entry rancher featuring 2 bedrooms 1 full bathroom and a galley Kitchen leading to an open dining and living space heated with electric baseboards and a wood stove, Cooled with a window A/C. A nice 70'x200' outdoor sand riding arena is located down below next to hussard creek which flows through the property. Creating a beautiful private oasis setting. The property is completely fenced and cross fenced with several paddocks. Down by the arena is a 36'x48' Stall barn with a tack room, power and box stalls. Zoned for a 2nd residence. The mix of open fields and treed areas creates both functionality and privacy, with plenty of room for animals, gardens, recreation, or future improvements. Telus fibre optic available at the road. On a school bus route. Call today about a viewing. (id:63159)

Values & Trends

This listing

$669/sqft

Building average

No other active listings in this building

Armstrong/ Spall. average

$1,003/sqft

16 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: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,307

(2021 Census)

+3.9% since 2016

Density: 20.8/km²

Dwellings: 2,099

Median household income: $84,000

After-tax: $76,500

Immigrant population: 7.6%

Top countries of origin (% of total population)

  • United States of America1.3% · 70
  • Germany1.2% · 65
  • United Kingdom1.1% · 60
  • Netherlands1% · 55
  • South Africa, Republic of0.4% · 20
  • Russian Federation0.2% · 10
  • Philippines0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
M.V. Beattie ElementaryElementary6.8 km
A.L. Fortune SecondaryK-127.3 km
Highland Park ElementaryElementary7.5 km
Armstrong ElementaryElementary8.2 km
Len Wood Middle SchoolMiddle8.6 km
Pleasant Valley SecondarySecondary9.0 km
Mountain View Christian(Independent)Elementary/Middle14.5 km
Grindrod ElementaryElementary14.7 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: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$302.28
Total monthly cost$4,430.83
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

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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