- Active
000 Near Highway 97A Other
Spallumcheen · Vacant Land
Listed by Coldwell Banker Horizon Realty · MLS® 10384344
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Sign inAbout this home
Rare opportunity to secure 80 acres in the Southeast Sector of Spallumcheen. Offered as two 40-acre parcels at $10,000 per acre, just 15 minutes north of Vernon. Zoned Large Holdings, the land supports single-family residential, bed and breakfast, agricultural, and resource-based uses. Spallumcheen is ready for this land to be developed, giving future owners a clear and supported path to advance their project. Timber value on the property gives buyers a practical way to offset acquisition costs while planning their vision. The water license comes with the property. Whether you are a developer ready to enter one of BC’s most in-demand markets, an investor expanding a portfolio, or a buyer looking to create a private Okanagan retreat that feels worlds away but sits minutes from everything Vernon has to offer, this is your canvas.
Home facts
- Property type
- Vacant Land
- Area
- Armstrong/ Spall.
- Listed
- April 28, 2026
- Structure
- Other
- PID
- 013-431-200
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Treed, Sloping
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Creek/Stream
- Utilities
- Water
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
- $1,896
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,163
Purchase snapshot
- List price
- $400,000
- Down payment
- $80,000 (20%)
- Estimated mortgage
- $320,000
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
- $1,963
- At 4.9071 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
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.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
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 · 46%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
