Property Type: Land / LotOwnership: Freehold

7468 Dixon Dam Road

Vernon, BC V1B3N9

$1,250,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
170 acres
Frontage
2722 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,074.69

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view
Waterfront
Waterfront on creek

Listing Information

MLS®
10356861
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Downtown Realty · Data source: CREA DDF.

Description

Rare 170 Acre Private Estate with Exceptional Development Potential Discover the ultimate blend of natural beauty, privacy, and future investment value with this massive 170 acre parcel. Positioned at the cul-de-sac end of Dixon Dam Road, this gently sloped property offers stunning panoramic views and unmatched seclusion, all while being uniquely positioned in a growing area. Property Highlights: Natural Features: An extensive network of drivable roads and walking/riding/Snowshoeing trails winds through the property, showcasing its immense scale. Along the lower boundary, the steady, year-round flow of BX Creek provides both a tranquil atmosphere and a reliable water source. Investment & Development Potential: Immediate and long-term value is backed by active regional growth. The seller previously designed a small, two-lot subdivision with additional subdivision beyond that. Additionally, the immediate area is rapidly expanding, with two adjacent 6-lot subdivisions (5+/- acre lots) currently under development and a 27-lot subdivision proposed nearby. Unmatched Privacy & Value: Despite the surrounding growth, the estate maintains its ultra-private, fortress-like feel. This property represents the best value-per-acre on the market today Viewing Information: Strictly by appointment only. The property features a secure, gated driveway reinforced with concrete blocks. Buyers must be accompanied by a licensed real estate agent at all times. (id:63159)

Location Insights

Weather

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

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
B X ElementaryElementary4.4 km
Vernon Christian School(Independent)K-125.2 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle7.1 km
Harwood ElementaryElementary7.4 km
Silver Star ElementaryElementary7.5 km
Hillview ElementaryElementary7.9 km
W.L. Seaton SecondarySecondary8.1 km
Vernon SecondaryElementary8.4 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,000,000.00
Periodic payment — Principal & Interest (monthly)$6,451.66
Additional monthly expenses (strata, tax, utilities, etc.)$256.22
Total monthly cost$6,707.88
Interest paid over 5-yr term$286,602.87
Balance at end of term$899,503.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.10

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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