Perched on 5 private acres above Shuswap Lake and Bastion Mountain, this extraordinary 4,917 sq. ft. custom-built estate offers a rare blend of architectural strength, luxury, privacy, and income potential—just 10 minutes from downtown Salmon Arm. Designed as a true modern “castle,” the home captures breathtaking panoramic lake and mountain views from nearly every room. Built in 2010 with exceptional quality, this 5-bedroom, 5-bath residence features soaring ceilings, expansive living spaces, and walls of glass that fill the home with natural light. Engineered for longevity and comfort, it includes an ICF foundation, geothermal heating and cooling, central vacuum, and integrated sound system. A fully self-contained walkout suite with private entrance, hot tub, and stunning views offers excellent flexibility for guests, extended family, or established Airbnb income with strong seasonal demand. Outdoor living spaces are designed for entertaining or quiet enjoyment of iconic Shuswap sunsets. Despite its acreage setting, the property offers low-maintenance living, allowing more time to enjoy the lifestyle. Minutes to lakes, beaches, marinas, trails, and Crown land recreation, this elevated sanctuary delivers unmatched privacy without compromise. A rare estate where luxury, nature, and opportunity meet in perfect balance.
Listed by Coldwell Banker Executives Realty. Last updated Jun 24, 2026, 1:00 PM.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $320,000 down (20%) on $1,599,999, 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.
Inventory mix
What this area trades in
Within 5 km of this listing · 41 listings
Detached
27
65.9%
Land
8
19.5%
Other
3
7.3%
Farm
1
2.4%
Mobile home
1
2.4%
Other
1
2.4%
Source: active, display-eligible listings within 5 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Columbia-Shuswap C · 210 dwellings
Single-detached180 · 85.7%
Movable dwelling25 · 11.9%
Semi-detached5 · 2.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59390176· Columbia-Shuswap C· 72.90 km²
Median rent here
$1,560
Owner shelter cost
$1,000
Renters
18.0%
30%+ on shelter
23.4%
Population (2021)
578
Median age
48.4
Avg household size
2.7
Avg household income
$93,000
Renters
18.0%
Owners
82.0%
Immigrants
9.4%
Post-secondary
44.4%
Avg home value
$700,000
Single status
21.6%
Not in labour force
42.6%
Households with kids
37.2%
Median rent
$1,560
Owner shelter cost
$1,000
30%+ on shelter
23.4%
Breakdown
$15,000 to $19,999
10
4.7%
$20,000 to $24,999
15
7.0%
$25,000 to $29,999
5
2.3%
$30,000 to $34,999
10
4.7%
$35,000 to $39,999
5
2.3%
$40,000 to $44,999
10
4.7%
$45,000 to $49,999
5
2.3%
$50,000 to $59,999
20
9.3%
$60,000 to $69,999
15
7.0%
$70,000 to $79,999
15
7.0%
$80,000 to $89,999
15
7.0%
$90,000 to $99,999
15
7.0%
$100,000 to $124,999
25
11.6%
$125,000 to $149,999
15
7.0%
$150,000 to $199,999
20
9.3%
$200,000 and over
15
7.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59390176).
Market story
Rent in Columbia-Shuswap C
Census 2021 avg $1,560/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
