Property Type: Land / LotOwnership: Freehold

LOT 1 ELLIOT FOREST SERVICE Road

Lemon Creek, BC V0G2C0

$1,999,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
146.16 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,450

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10396677
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

146 Acres of Limitless Potential – A Truly Exceptional Investment Opportunity- An extraordinary opportunity awaits with this remarkable 146-acre unzoned parcel, offering an unmatched combination of natural beauty, valuable resources, and incredible future potential. Whether you're dreaming of creating a spectacular family estate, developing an exclusive recreational retreat, or exploring subdivision possibilities (buyer to verify), this property offers endless opportunities to bring your vision to life. What sets this property apart is the abundance of valuable assets already in place. A licensed gravel pit provides immediate value and income potential, while the property's mineral-rich landscape adds a unique dimension to this exceptional offering. Combined; logging rights, mineral rights, and outstanding development potential, this is more than vacant land—it's a diversified investment with multiple avenues for future growth. The expansive acreage offers a rare blend of privacy, usable terrain, and natural surroundings. Build your dream home, establish a multi-generational family estate, or capitalize on the property's incredible resource potential. With its un-zoned status providing flexibility for a variety of future uses (subject to applicable approvals), the possibilities are as vast as the landscape itself. . Whether you're an investor, developer, resource operator, or someone searching for a once in a lifetime legacy property, this acreage delivers exceptional value. (id:63159)

Location Insights

Weather

Nearest station: Nelson

16°C

Humidity 68%

Wind NE 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
W.E. Graham Community SchoolElementary/Middle7.3 km
Winlaw Elementary SchoolElementary10.8 km
Whole School(Independent)Elementary11.6 km
des Sentiers-alpinsElementary/Middle24.1 km
Nelson Waldorf School(Independent)Elementary/Middle24.7 km
Blewett Elementary SchoolElementary25.0 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: Kootenay Lake (SD8)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,200.00
Periodic payment — Principal & Interest (monthly)$10,317.50
Additional monthly expenses (strata, tax, utilities, etc.)$120.83
Total monthly cost$10,438.33
Interest paid over 5-yr term$458,335.32
Balance at end of term$1,438,485.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,297.29

Cash Needed at Closing

Minimum down payment$399,800
Estimated BC PTT$37,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,280

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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