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3135 Edes Road, Salmon Arm

MLS® #10375058
About this Property

Hobby Farm - 3135 Edes Road debuts on the MLS for the first time, offering a rare 3.21-acre heritage estate that perfectly balances historical charm with immediate income potential. At the heart of this expansive property is a 2300+-square-foot character farmhouse built in 1918, featuring six spacious bedrooms and four bathrooms. While the home retains its timeless ""bones"" and serves as a magnificent canvas for restoration, it has been thoughtfully updated with a brand-new furnace and fresh paint throughout, ensuring comfort while you bring your vision to life. The utility of this acreage is unmatched, featuring a 30x30 shop complemented by an attached, renovated suite that currently generates $1,000 per month. Adding to the property's incredible ROI is a separate mobile home on-site, providing an additional $1,500 in monthly rental income. This $2,500 total monthly revenue offers a significant hedge against mortgage costs while you enjoy the pastoral lifestyle. The grounds are a gardener’s paradise, with established fruit trees and over 1.15 acres of prime useable farmland for sustainable living, all situated less than 15 minutes from the amenities of downtown Salmon Arm. Whether you are looking for a multi-generational family compound, a high-yield investment, or hobby farm with a head start on modernization, 3135 Edes Road is a standout heritage opportunity. (id:62865)

Property Information

Status

Active

Year Built

1918

Property Type

House

Ownership

Freehold

Parking Spaces

4

Annual Tax

$1,782

Parcel Number

017-924-022

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

6

Bathrooms

4

Living Area

2325 square feet

Exterior & Lot

Lot Size

3.21 acres

Building & Utilities

Heating

Forced air

Water Source

Well,Licensed,See Remarks

Sewer

Septic tank

$979,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
6Beds
4Baths
2325sqft
Listing Courtesy of

Office

Coldwell Banker Executives Realty

Mortgage Calculator
$195,980

Loan Amount:

$783,920

Estimated Monthly Payment:

$3,820

This is an estimate for informational purposes only. Consult with a financial advisor.