4 Bedroom
2 Bathroom
2,976 sqft
Bungalow
Baseboard Heaters, Forced Air, See Remarks
Acreage
$1,050,000
Welcome to 1121 Shuswap Street SW, a rare opportunity to own a piece of local history. This 2.81-acre hobby farm has been cherished by the same family since 1920 and is located in the ALR with R-14 HIGH-DENSITY RESIDENTIAL ZONING, providing a perfect blend of rural potential and significant investment upside. For the forward-thinking investor, the R-14 designation (the successor to R-4) is a major asset, supporting up to 40 dwelling units per hectare and explicitly permitting multi-family dwellings, triplexes, and four-plexes. While the property’s inclusion in the Agricultural Land Reserve requires a ""Non-Farm Use"" or exclusion application for high-density development, its position in the heart of Salmon Arm makes it a prime candidate for future growth. The existing home spans over 3,000 square feet and features a basement designed with a separate suite layout in mind, offering excellent flexibility for a mortgage helper or dual-income rental stream while you navigate development plans. Outside, the park-like setting includes a pond that attracts herons, deer, and moose, all surrounded by established medicinal plants and a living fence for total privacy. Whether you are looking to raise animals and grow your own food or capitalize on the city's demand for medium-to-high density housing, this acreage provides an incredible canvas for a sustainable lifestyle or a profitable multi-unit project in the heart of Salmon Arm. (id:64769)
Property Details
|
MLS® Number |
10375574 |
|
Property Type |
Single Family |
|
Neigbourhood |
SW Salmon Arm |
|
Parking Space Total |
2 |
Building
|
Bathroom Total |
2 |
|
Bedrooms Total |
4 |
|
Architectural Style |
Bungalow |
|
Constructed Date |
1956 |
|
Construction Style Attachment |
Detached |
|
Heating Type |
Baseboard Heaters, Forced Air, See Remarks |
|
Stories Total |
1 |
|
Size Interior |
2,976 Sqft |
|
Type |
House |
|
Utility Water |
Municipal Water |
Parking
|
Additional Parking | |
|
Detached Garage |
2 |
|
R V | |
Land
|
Acreage |
Yes |
|
Size Irregular |
2.81 |
|
Size Total |
2.81 Ac|1 - 5 Acres |
|
Size Total Text |
2.81 Ac|1 - 5 Acres |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|
|
Second Level |
Full Ensuite Bathroom | | |
19' x 10' |
|
Second Level |
Bedroom | | |
12' x 10' |
|
Second Level |
Primary Bedroom | | |
19' x 26' |
|
Basement |
Family Room | | |
25' x 18' |
|
Basement |
Laundry Room | | |
25' x 18' |
|
Basement |
Bedroom | | |
16' x 13' |
|
Basement |
Bedroom | | |
11' x 12' |
|
Basement |
Full Bathroom | | |
Measurements not available |
|
Basement |
Recreation Room | | |
30' x 15' |
|
Main Level |
Foyer | | |
6' x 11' |
|
Main Level |
Living Room | | |
19' x 12' |
|
Main Level |
Dining Room | | |
8' x 4' |
|
Main Level |
Kitchen | | |
17' x 13' |
https://www.realtor.ca/real-estate/29347491/1121-shuswap-street-sw-salmon-arm-sw-salmon-arm