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Buying Acreage in Vernon BC and the North Okanagan



North Okanagan Acreages are always one property type in high demand.


Buyers consider buying these larger properties for livestock, vegetable farming or simply for more privacy. Not only do acreage properties avoid that busy city congestion, but acreages also offer safe distancing from others. Whether it be a small hobby farm or a huge off-the-grid working farm, the acreage market in Vernon and the surrounding North Okanagan areas is on the rise.


Thinking about buying an acreage? Here are some important factors to consider when looking for an acreage. Keep in mind, acreage real estate is available for many price ranges, which are largely dictated by the following factors:


Location: The closer an acreage is to the amenities of a major center and services, generally the more expensive. The following sub-areas of the North Okanagan will be where the most acreage properties are found:


■ Armstrong / Spallumcheen

■ Enderby and area

■ Falkland and Salmon Valley

■ Coldstream and Lavington

■ Lumby and Cherryville (including Trinity Valley and Creighton Valley)

■ BX (both North and South)

■ Swan Lake West

■ Towards Silver Star Mountain

■ Okanagan Landing and Bella Visa


Size:  If all things are equal, the more acres - the more expensive.  As an example, at the time of writing, 37.03 acres on Young Road sold for 27% more than the adjacent property with 18.82 acres.  You will also note that double the acreage usually does not translate into double the price.


Property Type:  Generally speaking, the flatter the property – the more expensive. For example, 26 acres of beautiful flat, arable land recently sold for 50% more than a privacy acreage double the size.  Some of the different property types you will find in the Okanagan are:

■ Small parcels, mostly for privacy and a few domestic animals, generally 1-2 acres.

■ Hobby Farms which range anywhere from 2-5 and potentially up to 10 acres.

■ Horse Properties:  These properties are usually a minimum of 5 acres, are fairly flat, have various outbuildings such as corrals, tack rooms, hay sheds, are fenced and cross fences and barns and in some cases are even tricked up with riding rings other equestrian perks.

■ Farms:  Larger than the hobby farmer and more focused on farming for profit.  Usually flatter more arable land, some with commercial outbuildings as well.

■ Privacy Acreages:  Can be from a few acres to many, with less usable land yet the added bonus of no close neighbours.   (both North and South)

  

Servicing:  Some acreages located close to the major centers may utilize city services such as water, sewer and irrigation district water for fields and livestock. Many larger acreages and those that are farther away from the city likely supply their own services in the forms of wells and septic systems.  And still, others are right off the grid and even supply their own power source. 


Once your price range is established and you have picked your ideal location for your home, then comes the fun, interesting and often challenging part: finding the ideal acreage to buy. 


As mentioned above, size is an important consideration, as is property type. And often these two work together.  If you want a nice little hobby farm to call your own, you may give up having a 20-acre parcel with partially usable land and opt for 5 flat acres.  Many times a person will choose to sacrifice flat land, a view or arability if their primary goal is privacy and seclusion. 


Although it is an involved process to find an acreage that suits all aspects of your family’s wish list, it starts with a discussion about the most important items to you in your search: Location, Size, Property Type and/or Servicing.  From there we can suggest a strategy to start your property search with your goals in mind. 


Interested in buying a North Okanagan acreage? Or If you are thinking of selling your acreage - we’ve got buyers.

Check out current listings of Acreages for sale in Greater Vernon and the North Okanagan Here:

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12407 Coldstream Creek Road
Mun of Coldstream Coldstream V1B 1G2

$15,900,000
Single Family beds: 7 baths: 9.0

Main Photo: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 1: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 2: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 3: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 4: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 5: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 6: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 7: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 8: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 9: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 10: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 11: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 12: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 13: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 14: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 15: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 16: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 17: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 18: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 19: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 20: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 21: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 22: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 23: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 24: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 25: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 26: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 27: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 28: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 29: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Photo 30: 12407 Coldstream Creek Road Mun of Coldstream: Okanagan Shuswap Real Estate Listing: MLS®# 10281090
Status:
Active
Prop. Type:
Single Family
MLS® Num:
10281090
Bedrooms:
7
Bathrooms:
9
CHECK OUT THE NEW PRICE FOR THIS KALAMALKA LAKE ESTATE! Imagine-450 feet of level waterfront for you alone! Escape to one of the shaded areas or enjoy the full sun on the fabulous registered dock. The original 1909 home and boathouse were carefully reworked taking care not to disturb the mature setting and the massive oak tree that centers the grounds of this incredible 2.49-acre estate. The owners enhanced the grounds with a selection of trees and shrubs for more seasonal color and privacy. The home, guest home, and beach house are designed with massive timbers, clay tile roofs, and incredible stonework to blend into the park-like setting and give the impression of a long-established estate. Stone walls and lichen-covered stairways line the paths that connect the buildings and the Kalamalka lake beach! The lighted driveway circles the property for easy access and will over two impressive, gated entrances. The main entrance crosses over a man-made, re-circulating creek that appears to disappear into a stone culvert under the road, and the privacy wall along the east side features a welcoming water feature. Set slightly above the lakeshore, the main home enjoys the magnificent lake and lighted evening views while being almost hidden from lake-goers. The guest home and beach house are ready to enjoy and the Seller's builder will work with you to finish the approximately 16,000 sq. main home. Truly incredible value! (id:2493)
Property Type:
Single Family
Size Interior:
16,954 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Mun of Coldstream
Features:
Irregular lot size
View:
Lake view, View (panoramic)
Waterfront:
Waterfront on lake
Building Type:
House
Bedrooms:
7
Bathrooms:
9.0
Half Bathrooms:
3
Construction Style Attachment:
Detached
Cooling:
Central air conditioning
Exterior Finish:
Stone, Stucco
Fireplace:
No
Heating:
See remarks
Heating Fuel:
Geo Thermal
Roof Style:
Tile, Unknown
# Storeys:
1.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full
Lot Frontage:
300'
Acreage:
Yes
Lot Size:
2.49 acre(s)
Lot Size:
2.49 ac|1 - 5 acres
Lot Details:
2.49
Attached Garage:
4
Detached Garage:
4
Total Parking Spaces:
18
Parking Type:
See Remarks, Attached Garage, Detached Garage
Floor
Type
Size
Other
Second level
Other
9'6" × 7'6"
-
Second level
Bedroom
19' × 14'
-
Second level
Other
8'8" × 5'6"
-
Second level
Bedroom
16' × 14'
-
Second level
Laundry room
0 × 0
Measurements not available
Second level
Other
15'6" × 5'
-
Second level
Bedroom - Bachelor
39'6" × 14'
-
Basement
Storage
0 × 0
Measurements not available
Basement
Bedroom
33'6" × 16'6"
-
Basement
Bedroom
16'6" × 16'
-
Basement
Sauna
8'4" × 8'1"
-
Basement
Utility room
23'6" × 8'6"
-
Basement
Other
11' × 6'4"
-
Basement
Laundry room
20'4" × 13'6"
-
Basement
Other
34'4" × 18'
-
Basement
Other
14'2" × 5'
-
Basement
Media
28'6" × 19'
-
Basement
Family room
26'6" × 19'6"
-
Basement
Bedroom
19'6" × 15'6"
-
Main level
Den
14' × 13'
-
Main level
Gym
27'9" × 19'6"
-
Main level
Bedroom
17' × 14'
-
Main level
Other
26' × 6'
-
Main level
Laundry room
10'8" × 10'
-
Main level
Primary Bedroom
17' × 16'6"
-
Main level
Other
13' × 11'
-
Main level
Kitchen
24' × 14'6"
-
Main level
Other
20' × 16'
-
Main level
Dining room
28' × 15'6"
-
Main level
Great room
36' × 30'
-
Main level
Foyer
14'6" × 13'
-
Floor
Ensuite
Pieces
Other
Second level
Yes
4
Measurements not available
Second level
Yes
4
Measurements not available
Basement
No
4
Measurements not available
Basement
Yes
4
6'0" x 9'0"
Basement
Yes
4
6'0" x 9'6"
Main level
No
-
Measurements not available
Main level
No
2
6'0" x 9'0"
Main level
Yes
5
13'0" x 17'0"
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Photo Link

Video Link

Listed by RE/MAX Priscilla
Data was last updated May 27, 2024 at 09:45 PM (UTC)
Area Statistics
Listings on market:
77
Avg list price:
$1,149,000
Min list price:
$219,000
Max list price:
$15,900,000
Avg days on market:
48
Min days on market:
4
Max days on market:
304
Avg price per sq.ft.:
$398.77
These statistics are generated based on the current listing's property type and located in Mun of Coldstream. Average values are derived using median calculations.
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