- Active
2996 Lumby Mabel Lake Road
Lumby · Vacant Land
Listed by Real Broker B.C. Ltd · MLS® 10390746
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
Discover an extraordinary opportunity to create your dream estate in the breathtaking Mabel Lake Valley, where clean mountain air, fertile land, and unmatched natural beauty provide the perfect setting for a self-sufficient lifestyle. This remarkable property offers the rare combination of privacy, productivity, and recreation, making it ideal for those looking to escape the hustle of city life and connect with the land. Comprised of 3 separate titles, the property features approximately 2,800 feet of Shuswap River frontage and roughly 50 acres of hay fields. Whether your vision is farming, raising livestock, or simply enjoying the rewards of rural living, the land offers exceptional potential. Adding further value, there is merchantable timber located across the river, providing an additional resource for future use. Situated on the high side of the road, the property boasts an exceptional building site with stunning views of the river, hay fields, and surrounding mountains. Build your dream home in complete privacy while enjoying a commanding vantage point over your land and the spectacular Mabel Lake Valley landscape. This is more than just acreage—it's an opportunity to create a legacy property where self-reliance, outdoor recreation, and natural beauty come together. With extensive river frontage, fertile agricultural land, multiple titles, and endless possibilities, this is a truly rare offering in one of British Columbia's most scenic and sought-after rural valleys.
Home facts
- Property type
- Vacant Land
- Area
- Lumby Valley
- Listed
- June 18, 2026
- Structure
- Other
- PID
- 013-623-605
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Community
- Pets Allowed
Rooms and building
- Water
- None
- 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
- $6,868
- Property tax
- $425/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,443
Purchase snapshot
- List price
- $1,449,000
- Down payment
- $289,800 (20%)
- Estimated mortgage
- $1,159,200
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
- $9,809
- 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
- 0.6%
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%
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.