Property Type: Detached HouseOwnership: Freehold

7181 W SHERIDAN LAKE ROAD

Lone Butte, BC V0K1X1

$1,599,000

6 bed3 bath3,767 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
155.69 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,080.45 (2025)

Interior

Basement
None
Heating
Wood, Hot Water
Fireplace
Yes (1)

Exterior & Lot

Exterior features
Log
View
View (panoramic)

Building

Foundation
Concrete Perimeter
Roof
Metal, Conventional

Parking

Features
Open, RV

Room Dimensions

RoomLevelDimensions
Dining roomMain level
KitchenMain level
Living roomMain level
Bedroom 2Main level
Primary BedroomMain level
KitchenLower level
Bedroom 3Lower level
Living roomLower level
Utility roomLower level
Bedroom 4Lower level
Bedroom 5Above
Bedroom 6Above

Listing Information

MLS®
R3097861
Listed
March 16, 2026
Time on market
On the market for 168 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Advantage Property Management · Data source: CREA DDF.

Description

Exclusive Sheridan West Acreage! This unique 155+ acreage on maintained bus/firehall route features a 3700sq ft 6 bdrm, 2 kitchen, 3 bath log home. The home is ideal for extended family with a walkout ground level suite. Features include: updated wood boiler heat & hot water system for cost savings, open living area, lrg kitchens, vaulted ceiling & massive covered decks. The property is set up for horses or livestock with a 36'x60' wired barn with 8 horse paddocks & hay storage loft, 60'x100' wired indoor riding arena + fenced outdoor riding arena, another outbuilding with 5 outdoor paddocks & tack area, 5 yard hydrants, 30+/- acres of hay fields, recent fence & cross-fencing, quad/snowmobile trails adjacent Crown Land all near Sheridan Lk for summer water sports & trophy rainbow fishing. (id:63159)

Values & Trends

This listing

$424/sqft

Building average

No other active listings in this building

Lone Butte average

$336/sqft

20 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: 100 Mile House

Cloudy

15°C

Cloudy

Humidity 59%

Wind SE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Horse Lake ElementaryElementary12.9 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: Cariboo-Chilcotin (SD27)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$528.04
Total monthly cost$8,781.00
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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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