About this home

Rare 177-Acre Waterfront Estate with 12-Home Potential! Discover a massive acreage bordering the northern shores of Round Lake, just minutes from Princeton at 2692 Highway 5A. Spanning roughly 177 pristine acres, this legacy property offers ultimate privacy, stunning waterfront views, and incredible development potential. The unique dual RDOS zoning (LH2 & AG3) officially permits up to 12 total dwellings, while un-subdivided (6 on the Large Holdings land and 6 on the Agricultural land), making it an ideal canvas for a massive family compound or multi-family retreat. Additionally, a significant 97-acre (39.25 ha) portion sits completely outside the ALR (Non-ALR). With an 8-hectare minimum lot size required in the LH2 zone, this section is a prime candidate for a future multi-lot subdivision. Best of all, this parcel is 100% build-ready, allowing you to skip the costly delays of developing raw land. Power, water, and septic are already fully installed on-site alongside a cleared, level building pad waiting for your immediate construction plans. Enjoy direct boundary frontage on Round Lake, where a standard 30-metre environmental watercourse setback ensures your private waterfront oasis remains beautifully preserved for generations to come. Whether you want to build a custom lake-view estate, an elite hobby ranch, or a high-upside investment, this property delivers total freedom without compromise. Don't miss this rare BC wilderness opportunity!

Property details

$5,012/yr

Gross tax

Location & structure

Vacant Land

Type

Princeton

Area

Listed

July 14, 2026

Structure

Other

PID

003-308-677

Property highlights

Mountain view

Waterfront

Features & inclusions

Lot

Level lot, Private setting

Additional details

Common interest

Freehold

Nearby & Commute

13h 7m

walk to Save-On-Foods

5h 1m

bike to Prairie Valley Station

16h 43m

walk to Prairie Valley Station

7h 25m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 50%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Zoning and land-use records

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Survey or site plan

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Well and water-quality records

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Septic records

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Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$9,763

Principal and interest

Calculated estimate

$9,196

Property tax

Listing data

$418/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,988,000

Down payment

Calculated estimate

$397,600 (20%)

Estimated mortgage

Calculated estimate

$1,590,400

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$9,763

/mo

Rate

%

Amortization

Principal and interest

$9,196

Property tax

$418

P&I

Tax

Down payment

$397,600 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $397,600 down (20%) on $1,988,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	4	50.0%
Land	3	37.5%
Mobile home	1	12.5%

Under $5,000	5	1.8%
$15,000 to $19,999	5	1.8%
$20,000 to $24,999	15	5.5%
$25,000 to $29,999	15	5.5%
$30,000 to $34,999	10	3.6%
$35,000 to $39,999	5	1.8%
$40,000 to $44,999	10	3.6%
$45,000 to $49,999	10	3.6%
$50,000 to $59,999	30	10.9%
$60,000 to $69,999	15	5.5%
$70,000 to $79,999	20	7.3%
$80,000 to $89,999	15	5.5%
$90,000 to $99,999	10	3.6%
$100,000 to $124,999	35	12.7%
$125,000 to $149,999	25	9.1%
$150,000 to $199,999	25	9.1%
$200,000 and over	25	9.1%

Detached	4	50.0%
Land	3	37.5%
Mobile home	1	12.5%

Under $5,000	5	1.8%
$15,000 to $19,999	5	1.8%
$20,000 to $24,999	15	5.5%
$25,000 to $29,999	15	5.5%
$30,000 to $34,999	10	3.6%
$35,000 to $39,999	5	1.8%
$40,000 to $44,999	10	3.6%
$45,000 to $49,999	10	3.6%
$50,000 to $59,999	30	10.9%
$60,000 to $69,999	15	5.5%
$70,000 to $79,999	20	7.3%
$80,000 to $89,999	15	5.5%
$90,000 to $99,999	10	3.6%
$100,000 to $124,999	35	12.7%
$125,000 to $149,999	25	9.1%
$150,000 to $199,999	25	9.1%
$200,000 and over	25	9.1%

2692 Highway 5A Other

2692 Highway 5A Other

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