Property Type: Detached HouseOwnership: Freehold

5704 Trans Canada Highway

Malakwa, BC V0E2J0

$620,000

4 bed1 bath1 parking1,344 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
17.77 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,630.66

Interior

Heating
Baseboard heaters, Stove, Wood
Fireplace
None
Flooring
Concrete, Laminate

Exterior & Lot

Exterior features
Wood
View
Mountain view, River view, Valley view
Waterfront
Waterfront on river

Building

Roof
Metal, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, RV

Room Dimensions

RoomLevelDimensions
BedroomSecondary Dwelling Unit11' x 11'
OfficeBasement8'5'' x 10'11''
BedroomBasement8'10'' x 11'10''
BedroomBasement9'3'' x 13'4''
Full bathroomMain level6'1'' x 6'6''
BedroomMain level8'4'' x 10'4''
Primary BedroomMain level11'7'' x 12'7''
Living roomMain level21'8'' x 12'3''
KitchenMain level15'8'' x 12'3''

Listing Information

MLS®
10385110
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

*WELCOME TO HOPEFUL ACRES* This 17.7 acre homestead property is perfectly situated above the majestic Eagle River, with immediate access to private trails, private sandy beaches and world class sledding and backcountry adventure. The rustic farmhouse is positioned to capture panoramic river, mountain and valley views with a screened in porch that spans the entire width of the home; perfect for long summer evenings. Featuring updates such as windows, laminate flooring, custom kitchen cabinetry, poured concrete countertops, stainless steel appliances and custom garage door; this home captures modern homestead living perfectly. Along acres of winding river there are sandy beaches, trails and a footbridge offering an abundance of outdoor adventure on your own property. Several outbuildings (office, chicken coop, kennel, shop) provide endless possibilities for use: flower farm, hobby farm, honey farm, remote work, vacation rentals and rural lifestyle living. Flat site areas could accommodate bunkie style buildings for extra summer company or vacation rentals. Existing income generating arrangements with DOF Department of Fisheries (fish gate/study site) and the Enchanted Forest (billboard) would continue, invoiced annually. Hopeful Acres is a unique blend of expansive acreage living and serene riverfront beauty. This property is priced $200,000+ below assessed value. (id:63159)

Values & Trends

This listing

$461/sqft

Building average

No other active listings in this building

Revelstoke average

$310/sqft

1 active listing(s)

Parking: 1 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

Nearest station: Revelstoke

Clear

13°C

Clear

Humidity 91%

Wind WSW 4 km/h

Tonight

10°

Tuesday

25°

Tuesday night

13°

Wednesday

22°

Wednesday night

12°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

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: 6.0% ($37,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$496,000.00
Periodic payment — Principal & Interest (monthly)$3,200.02
Additional monthly expenses (strata, tax, utilities, etc.)$452.89
Total monthly cost$3,652.91
Interest paid over 5-yr term$142,155.03
Balance at end of term$446,153.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,483.07

Cash Needed at Closing

Minimum down payment$37,000
Estimated BC PTT$10,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,900

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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