About this home

Fantastic 11.54-acres of Okanagan investment and development opportunity! Two adjoining properties at the eastern boundary of Vernon along Silver Star Road, en route to Silver Star Mountain Resort. The 6.58-acre parcel is within City limits and zoned MUA (Multi-Unit Acreage), allowing a range of residential development including. City services at the property line. Preliminary concepts range from six 1-acre bare land strata lots to as many as 48 townhomes, subject to approvals. Varied topography, potential lakeviews and scenic BX Creek frontage. The adjoining 4.96-acre property is zoned CR (Country Residential) and within the ALR, featuring a stately 1910 Craftsman estate with over 5,000 sq. ft of possibilities, 4 bedrooms and 2.5 bathrooms. Additional improvements include a private courtyard with pond and waterscape, 26' x 36' detached garage with 660 sq. ft. studio suite above, heritage barn with separate hydro meter and additional outbuildings. A unique combination of development potential, established improvements, privacy and natural beauty. Additional information in supplements. Contact Don or Jacob for details.

Home facts

Interior: 5,592 sq ft
Parking: 3
Property type: Other
Garage: Yes
Area: North BX
Listed: October 30, 2026
Structure: Residential Commercial Mix
PID: 016-767-489
Common interest: Freehold

Features and inclusions

Cooling: Central air conditioning
Parking: Attached Garage, Additional Parking
Lot: Treed

Rooms and building

Water: Municipal water
Utilities: Water, Natural Gas, Electricity, Cable, Telephone

Listed by RE/MAX Vernon. Last updated Nov 5, 2026, 3:10 PM.

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: $18,817
Property tax: $1,158/mo
Home insurance: $150/mo
Estimated monthly total: $20,125

Purchase snapshot

List price: $3,970,000
Down payment: $794,000 (20%)
Estimated mortgage: $3,176,000

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Butcher Boys22 min

Bike to Orchard Park Exchange3h 41m

Walk to Orchard Park Exchange12h 16m

Drive to downtown Vancouver12h

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 46%

Homes for sale nearby, by type

Detached64 for sale

Townhouse31 for sale

Land17 for sale

Other12 for sale

Other10 for sale

Duplex6 for sale

Active listings within 3 km of this home.

Homes built in North Okanagan C, by type

Single-detached78.4% · 145

Apartment in duplex13.5% · 25

Low-rise apartment5.4% · 10

Semi-detached2.7% · 5

Source: Statistics Canada, 2021 Census of Population. 185 dwellings.

Who lives here

Statistics Canada area 59370332 · North Okanagan C

Median age: 47
Renter households: 22%
Average household size: 2.7
Median household income: $100,000

Population (2021): 495
Median rent: $1,200
Owner shelter cost: $1,680
30%+ of income on shelter: 20%
Owner households: 78%
Households with kids: 38%
Immigrants: 9%
Post-secondary: 54%
Average home value (2021): $770,000

Breakdown

$15,000 to $19,9992.7% · 5

$20,000 to $24,9992.7% · 5

$35,000 to $39,9995.4% · 10

$40,000 to $44,9995.4% · 10

$50,000 to $59,9995.4% · 10

$60,000 to $69,99910.8% · 20

$70,000 to $79,9995.4% · 10

$80,000 to $89,9998.1% · 15

$90,000 to $99,9995.4% · 10

$100,000 to $124,9998.1% · 15

$125,000 to $149,99910.8% · 20

$150,000 to $199,99913.5% · 25

$200,000 and over16.2% · 30

Source: Statistics Canada, 2021 Census Profile, dissemination area 59370332.

5440-5482 Silver Star Road

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