Property Type: Land / LotOwnership: Freehold

8290 Lincoln Road

Vernon, BC V1B3M8

$499,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
5.58 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,224.76

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10388369
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Priscilla · Data source: CREA DDF.

Description

Rare, 5+ acre property located in a quiet, private neighbourhood just minutes from Vernon. On paved roads and serviced with hydro, natural gas, Telus fibre optic service and an excellent, 20 GPM well, just install a septic system and you’re ready to build your dream home. Thoughtful selective clearing and FireSmarting have preserved many beautiful mature trees, creating a natural setting with added peace of mind. A charming pond enhances the property’s appeal, offering the perfect opportunity to create your own private sanctuary. One of the last remaining lots in this desirable development and with construction already underway, on neighbouring properties, this area is quickly becoming a community of quality homes. Conveniently located just 15 minutes from downtown Vernon and 10 minutes to Silver Star Mountain Resort this is an exceptional location, offering both privacy and accessibility. Enjoy the serenity of a semi off-grid lifestyle without sacrificing services and access to modern conveniences like schools, shopping and recreation. If you're looking to build a private retreat, this property is the perfect place to let your dreams come to life. (id:63159)

Location Insights

Weather

16°C

Humidity 69%

Wind ESE 14 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 ElementaryElementary5.4 km
Vernon Christian School(Independent)K-126.1 km
Pleasant Valley Christian Academy(Independent)Elementary/Middle8.0 km
Harwood ElementaryElementary8.3 km
Silver Star ElementaryElementary8.5 km
Hillview ElementaryElementary8.9 km
W.L. Seaton SecondarySecondary9.1 km
Vernon SecondaryElementary9.3 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: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$102.06
Total monthly cost$2,677.57
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

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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