490 Sumac Road
Tappen, BC V0E2X1
$319,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 25.82 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,620
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view
Listing Information
- MLS®
- 10364798
- Listed
- October 30, 2025
- Time on market
- On the market for 305 days
- Data last synced
- August 28, 2026
Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.
Description
Nestled on a picturesque hillside, this expansive 25 acre forest lot offers a rare opportunity to own a private sanctuary / park setting with views of the Shuswap Lake below. Enveloped by towering Evergreens and mature hardwoods, the property is a haven of natural beauty, teeming with wildlife and vibrant foliage that shifts with the seasons. The sloping terrain provides space for elevated building sites. Boasts a mix of open clearings and yet dense forested areas. Great for hiking, bird watching, or simply soaking in the peaceful ambience. Power and utilities are available nearby, balancing seclusion with convenience. Just minutes from local amenities and recreational opportunities. (id:63159)
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 |
|---|---|---|
| Carlin Elementary Middle | Elementary/Middle | 4.5 km |
| Shuswap SDA(Independent) | Elementary/Middle | 6.0 km |
| North Canoe Elementary | Elementary | 6.7 km |
| Salmon Arm Secondary | Secondary | 8.5 km |
| Bastion Elementary | Elementary | 8.7 km |
| J.L. Jackson Secondary | Secondary | 9.1 km |
| Salmon Arm Storefront | Secondary | 9.6 km |
| South Broadview Elementary | Elementary | 9.6 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($15,950) — 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.