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1600 Mountain View Avenue
Lumby · Vacant Land
Listed by Royal LePage Downtown Realty · MLS® 10387649
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Sign inAbout this home
Rare and ready — this 23.984-acre bare land parcel on the edge of the Village of Lumby represents one of the most compelling development opportunities in the North Okanagan today. Zoned R7 — Residential Small-Scale Multi-Unit Housing — with city services already at the lot line. Electricity is on site, currently servicing an existing shed, and the property borders an established neighbourhood, making it a natural extension of the community rather than a leap into the unknown. The land itself is a pleasure to work with — lovely valley views set the scene for what could be a truly special residential development. Whether you're envisioning townhomes, small-scale multi-unit housing, or a thoughtfully designed new neighbourhood, this canvas is ready for your vision. Lumby is a quiet, welcoming community with a strong sense of identity and room to grow — and just 20 minutes to Vernon, residents will never feel far from the amenities of a larger centre. For developers and investors with an eye for opportunity, this is the kind of parcel that doesn't come along often. The next great Lumby neighbourhood starts here. Will it be yours?
Home facts
- Property type
- Vacant Land
- Area
- Lumby Valley
- Listed
- May 15, 2026
- Structure
- Other
- PID
- 023-665-734
- Common interest
- Freehold
Rooms and building
- Water
- None
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, 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
- $6,398
- Property tax
- $392/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,940
Purchase snapshot
- List price
- $1,349,900
- Down payment
- $269,980 (20%)
- Estimated mortgage
- $1,079,920
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
- $9,138
- 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
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 · 40%
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.