7532 MAGNUSSEN ROAD
Sheridan Lake, BC V0K1X1
$559,000
Property Details
Property & Lot
- Sub-type
- Recreational
- Stories
- 1
- Lot size
- 1.58 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $2,536.49 (2026)
Interior
- Basement
- None
- Heating
- Wood
- Fireplace
- Yes (1)
Exterior & Lot
- Exterior features
- Wood
- View
- Lake view, View of water, View (panoramic)
- Waterfront
- Waterfront
Building
- Foundation
- Unknown
Parking
- Features
- Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Great room | Main level | — |
| Primary Bedroom | Main level | — |
Listing Information
- MLS®
- R3135880
- Listed
- June 15, 2026
- Time on market
- On the market for 77 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: REMAX 100 · Data source: CREA DDF.
Description
With a potential waterfront setback of only 25 ft, this property offers the opportunity to create your dream lakefront home, subject to applicable regulations and approvals. Rare Sheridan Lake waterfront in the South Cariboo offering exceptional privacy and long-term potential. This unique property features a small rustic cabin and has remained in the same ownership for decades. South-facing exposure provides all-day sun and some of the most incredible sunsets on Sheridan Lake. Enjoy pristine shoreline, crystal clear water, boating, fishing, swimming, and year-round recreation in one of BC’s most desirable lake destinations. Peaceful setting with easy access and outstanding natural surroundings. A rare opportunity to build your dream lakefront retreat in a truly special location. (id:63159)
Values & Trends
This listing
$1,870/sqft
Building average
—
No other active listings in this building
Sheridan Lake average
$658/sqft
1 active listing(s)
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
15°C
Cloudy
Humidity 60%
Wind ESE 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
| School | Type | Distance |
|---|---|---|
| Horse Lake Elementary | Elementary | 18.6 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: Cariboo-Chilcotin (SD27)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($30,900) — 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.