5055 Ridge Road
Eagle Bay, BC V0E1T0
$4,195,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 157.85 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,633.2
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view
Listing Information
- MLS®
- 10396327
- Listed
- July 29, 2026
- Time on market
- On the market for 33 days
- Data last synced
- August 28, 2026
Listing provided by: Colliers · Data source: CREA DDF.
Description
Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (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 |
|---|---|---|
| North Shuswap Elementary | Elementary/Middle | 11.2 km |
| Carlin Elementary Middle | Elementary/Middle | 14.5 km |
| Eagle River Secondary | K-12 | 17.9 km |
| Parkview Elementary School | Elementary | 18.4 km |
| North Canoe Elementary | Elementary | 20.0 km |
| Sorrento Elementary | Elementary | 20.5 km |
| Shuswap SDA(Independent) | Elementary/Middle | 20.6 km |
| Salmon Arm Secondary | Secondary | 24.0 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: 20.0% ($839,000) — 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.