Property Type: Land / LotOwnership: Freehold

Wrights Mill Road

Tappen, BC V0E2X0

$925,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
162 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10394021
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

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

Description

160 acres of beautiful Tappen countryside offering an exceptional opportunity to create the rural lifestyle you have been dreaming of. With a blend of open meadows, trees, a creek and varying terrain, this property provides endless possibilities for a private estate, hobby farm, agricultural venture, or recreational retreat. Access is provided via a new shared driveway, allowing you to arrive at this peaceful setting tucked away from the bustle of everyday life. Bordering Crown land, the property offers direct access to a network of trails, making it an ideal location for horseback riding, hiking, mountain biking, snowmobiling, or simply exploring the outdoors right from your own land. The mix of open pasture and forested areas creates an attractive landscape with plenty of potential building sites that take advantage of the surrounding natural beauty. Enjoy the privacy, abundant wildlife, and stunning rural setting while remaining within a 15 minute drive of Salmon Arm and all its amenities. Whether you're looking to build your forever home, establish a working farm, create a recreational getaway, or simply invest in a large parcel of Shuswap land, opportunities like this are becoming increasingly rare. Experience the space, tranquility, and freedom that only 160 acres can provide. (id:63159)

Location Insights

Weather

Nearest station: Salmon Arm

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Carlin Elementary MiddleElementary/Middle5.3 km
Shuswap SDA(Independent)Elementary/Middle10.9 km
Salmon Arm West ElementaryElementary11.6 km
North Canoe ElementaryElementary11.8 km
Sorrento ElementaryElementary11.8 km
J.L. Jackson SecondarySecondary12.6 km
Salmon Arm StorefrontSecondary12.6 km
Salmon Arm SecondarySecondary12.6 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($67,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$740,000.00
Periodic payment — Principal & Interest (monthly)$4,774.23
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$4,774.23
Interest paid over 5-yr term$212,086.13
Balance at end of term$665,632.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,593.87

Cash Needed at Closing

Minimum down payment$67,500
Estimated BC PTT$16,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,500

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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