- Active
Lot 3 LAKEVIEW Drive
Cranbrook · Vacant Land
Listed by Real Broker B.C. Ltd · MLS® 10394606
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Sign inAbout this home
Imagine building your dream home on the coveted Lakeview Drive, just a stone's throw away from the serene Jim Smith Lake in Cranbrook, BC. Nestled on nearly 5 acres, this parcel boasts a generous frontage and is adorned with majestic, mature trees throughout. Its gentle slope is ideal for crafting an estate home with a walk-out basement, offering unparalleled tranquility and privacy. Surrounded by upscale residences, this property provides the perfect blend of rural serenity and urban convenience, located mere minutes from downtown Cranbrook. Enjoy the proximity to Jim Smith Lake, where you can indulge in swimming, fishing, paddleboarding, and more, making every day a retreat into nature's embrace. Well in place, septic would be required. Flexible building rules, no modulars allowed and restrictions to pets include up to 2 horses, no other farm animals.
Home facts
- Property type
- Vacant Land
- Area
- Cranbrook South
- Listed
- July 15, 2026
- Structure
- Other
- PID
- 027-981-975
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Treed, See remarks
- Community
- Family Oriented, Rural Setting
Rooms and building
- Water
- Well
- Utilities
- Electricity
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
- $1,825
- Property tax
- $108/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,083
Purchase snapshot
- List price
- $385,000
- Down payment
- $77,000 (20%)
- Estimated mortgage
- $308,000
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
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $3,166
- At 8.2237 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
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 · 61%
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.
