Property Type: Detached HouseOwnership: Freehold

Lot 9 Pete Martin Bay

Sicamous, BC V0E2V0

$729,000

2 bed1.5 bath825 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
4.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,961.03

Interior

Heating
Stove, Wood
Fireplace
None

Exterior & Lot

Exterior features
Wood
View
Lake view, Mountain view, View of water

Building

Foundation
See Remarks
Roof
Metal, Unknown

Parking

Features
Other

Room Dimensions

RoomLevelDimensions
Partial bathroomMain level4' x 4'
OtherMain level8' x 8'
OtherMain level8' x 19'
BedroomSecond level8' x 12'
Primary BedroomSecond level8' x 19'
Living roomMain level12' x 19'
KitchenMain level5' x 12'

Listing Information

MLS®
10370166
Listed
November 27, 2025
Time on market
On the market for 277 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Rare Boat-Access Waterfront Retreat – Pete Martin Bay, Shuswap Lake. Truly one-of-a-kind, this 4+ acre private waterfront property in Pete Martin Bay offers over 195 feet of shoreline in a calm, wind-protected bay on Anstey Arm of Shuswap Lake. Accessible only by boat, this exclusive retreat is the perfect setting for a family compound or off-grid getaway surrounded by pristine natural beauty. A charming 24’ x 20’ custom log cabin, built from 10–14 inch logs, features a sleeping loft, propane appliances, lake water intake, and a wired panel with generator—everything you need for a comfortable, self-sufficient stay. Relax on the covered deck and take in the peaceful, park-like setting with ample usable land and a prime future building site for a larger cabin or home. A large easement along the southern boundary ensures added privacy, while the 10’ x 38’ dock, 2 mooring balls, and storage shed make enjoying lake life effortless from day one. Conveniently close to the Sea Store and Shark Shack for fuel, food, and supplies, this freehold titled property delivers the best of off-grid Shuswap living. A rare opportunity to own a piece of paradise—quiet, private, and truly unforgettable. (id:63159)

Values & Trends

This listing

$884/sqft

Building average

No other active listings in this building

Sicamous average

$604/sqft

33 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: Salmon Arm

13°C

Humidity 91%

Wind S 2 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

2,613

(2021 Census)

+7.6% since 2016

Density: 204.1/km²

Dwellings: 1,905

Median household income: $65,000

After-tax: $60,400

Immigrant population: 5.7%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 40
  • United States of America1% · 25
  • Germany0.6% · 15
  • Italy0.4% · 10
  • Netherlands0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Eagle River SecondaryK-1223.2 km
Parkview Elementary SchoolElementary23.6 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: Okanagan-Shuswap (SD83)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$583,200.00
Periodic payment — Principal & Interest (monthly)$3,762.61
Additional monthly expenses (strata, tax, utilities, etc.)$204.42
Total monthly cost$3,967.03
Interest paid over 5-yr term$167,146.80
Balance at end of term$524,590.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,237.42

Cash Needed at Closing

Minimum down payment$47,900
Estimated BC PTT$12,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,980

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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