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000 Lumby Mabel lake Road
Lumby · Recreational
Listed by REMAX Kelowna · MLS® 10386640
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Sign inAbout this home
Escape to 40 acres of pristine countryside just south of beautiful Mabel Lake. Surrounded by nature and accessed entirely by paved roads, this peaceful property offers the perfect balance of privacy and convenience. Natural spring water on the property! Enjoy nearby access to the Shuswap River, renowned for excellent fishing, scenic beauty, and endless outdoor recreation. Wildlife enthusiasts will appreciate the frequent visits from deer, elk, and moose, creating a truly authentic wilderness experience. With multiple potential building sites, this property is ideal for a year-round home, vacation retreat, or recreational getaway. Power and telephone services are available, and Vernon is just a scenic 45-minute drive away. This beautiful property currently benefits from Farm Status allowing for very low annual taxes coupled with some income from the hay crop.
Home facts
- Property type
- Recreational
- Area
- Mabel Lake South
- Listed
- May 13, 2026
- Structure
- Other
- PID
- 013-623-249
- Common interest
- Freehold
Highlights
- Mountain view
Rooms and building
- Sewer
- No sewage system
- Water
- Spring
- Utilities
- Electricity, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,346
- Property tax
- $142/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,638
Purchase snapshot
- List price
- $495,000
- Down payment
- $99,000 (20%)
- Estimated mortgage
- $396,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,351
- At 6.7695 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $700 a month
- Gross yield
- 1.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 47%