- Active
7022 Highway 3A Other
Balfour · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 1,022
- Built
- 1957
Listed by FaithWilson Christies International Real Estate · MLS® 10387069
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Sign inAbout this home
Escape to an unparalleled waterfront lifestyle on the West Arm of Kootenay Lake. Nestled in a peaceful, deeply private setting just minutes from Nelson, this rare property offers an incredible combination of natural beauty and investment flexibility. Comprising a flat 3.97 acres of majestic old-growth cedar forest across two separate titled parcels, the estate is beautifully shrouded in a canopy of mature trees, creating absolute privacy. Boasting an impressive 75 meters (246 feet) of premium Kootenay Lake frontage, the property features a private wharf and coveted foreshore rights on Lot 2. An existing 1957 home sits on the property, offering an incredible strategic advantage: it could be potentially used to grandfather the location of a new lakefront build right near the water's edge, while utilizing the existing well and septic system. Because this offering includes two distinct titles, it presents an ideal opportunity for two families to purchase separate shares of paradise. The location perfectly balances total seclusion with local convenience. You are moments from Red Fish Elementary, charming pubs, and the Balfour general store, with the ferry just 10 minutes away. Recreation is endless—enjoy golf courses within 10 minutes, soak at Ainsworth Hot Springs in 20 minutes, or drive an hour to Whitewater for legendary downhill skiing, or Zincton for backcountry lines, and heli-skiing. With Castlegar Airport 45 minutes away and the US border just an hour south, this dream acreage is accessible yet beautifully a world-away. Imagine! This listing is “subject to receipt of the Grant of Letters of Administration” aka ""Probate"".
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 1,022 sq ft
- Year built
- 1957
- Storey
- 1
- Property type
- Single Family
- Area
- Kokanee Creek to Balfour
- Style
- Bungalow
- Listed
- June 16, 2026
- Structure
- House
- PID
- 025-678-248
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
Features and inclusions
- Heating
- Electric
- Parking
- Other, RV
- Community
- Rural Setting
Rooms and building
- Sewer
- Septic tank
- Water
- Dug Well
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
- $11,849
- Property tax
- $733/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $12,733
Purchase snapshot
- List price
- $2,500,000
- Down payment
- $500,000 (20%)
- Estimated mortgage
- $2,000,000
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
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 · 51%
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.