1448 Otter Lake Cross Road, Spallumcheen
An exceptional opportunity to acquire 160 acres of flat, highly usable agricultural land in the heart of Armstrong. This versatile property offers endless potential for a wide range of farming operations including hay production, greenhouses, cattle, or a dairy enterprise. The land is well-equipped with three wells, three hay sheds, and a substantial 48’ x 40’ shop featuring 200-amp service and two bay doors, ideal for equipment storage and year-round operations. A mature treed wind barrier enhances functionality and provides natural protection across the property. Strategically located on Otter Lake Cross Road, this property benefits from Armstrong’s strong agricultural community, known for its fertile soils, supportive farming network, and proximity to larger centres like Vernon and Salmon Arm. The area offers a balanced rural lifestyle with access to essential amenities, schools, and recreation, making it attractive for both established operators and those looking to expand. Seller is open to leasing back all or a portion of the land, providing flexibility and potential immediate income for investors. A rare offering with scale, infrastructure, and long-term upside in one of the Okanagan’s most desirable farming regions. There is a 3 bed 2 bath mobile home on the property as well for living accomodation. (id:62865)
Status
Active
Year Built
1994
Property Type
Other
Ownership
Freehold
Annual Tax
$5,546
Parcel Number
004-399-650
Data Source
Association of Interior REALTORS®
Bedrooms
3
Bathrooms
2
Living Area
1344 square feet
Lot Size
160.0 acres
View
Mountain view
Lot Features
Heating
Baseboard heaters
Cooling
See Remarks
Water Source
Well
Sewer
Septic tank
Utilities
$5,900,000
Office
Stonehaus Realty (Kelowna)
Loan Amount:
$4,720,000
Estimated Monthly Payment:
$23,001
This is an estimate for informational purposes only. Consult with a financial advisor.
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