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Renanza Realty
For sale

1448 Otter Lake Cross Road

Spallumcheen, British Columbia

MLS® 10397991

$4,950,000

Status
Active
Property type
Agriculture
MLS® number
10397991
Bedrooms
3
Bathrooms
2
Year built
1994

Listing description

An exceptional opportunity to acquire 160 acres of flat, highly usable agricultural land in the heart of Armstrong. This versatile property offers endless potential for a wide range of farming operations including hay production, greenhouses, cattle, or a dairy enterprise. The land is well-equipped with three wells, three hay sheds, and a substantial 48’ x 40’ shop featuring 200-amp service and two bay doors, ideal for equipment storage and year-round operations.

A mature treed wind barrier enhances functionality and provides natural protection across the property. Strategically located on Otter Lake Cross Road, this property benefits from Armstrong’s strong agricultural community, known for its fertile soils, supportive farming network, and proximity to larger centres like Vernon and Salmon Arm. The area offers a balanced rural lifestyle with access to essential amenities, schools, and recreation, making it attractive for both established operators and those looking to expand.

Seller is open to leasing back all or a portion of the land, providing flexibility and potential immediate income for investors. A rare offering with scale, infrastructure, and long-term upside in one of the Okanagan’s most desirable farming regions. There is a 3 bed 2 bath mobile home on the property as well for living accommodation.

Property summary

MLS® number
10397991
Property type
Agriculture
Building type
Other
Square footage
1,344 sq ft
Title
Freehold
Land size
160 acres
Built in
1994
Annual property taxes
$4,961.82
Parking
RV
Days on market
33 days

Features & details

Heating
Baseboard heaters
Cooling
See Remarks
Lot features
Level lot, Private setting
View
Mountain view

What would this home cost you?

Based on the $4,950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$23,032 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Stonehaus Realty Corp., Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.