4602 Schubert Road, Armstrong, British Columbia V0E1B4

Listing courtesy of Engel & Volkers Okanagan.

$5,850,000
2
BD
1
BA
3,000
SqFt
List Price
$5,850,000
MLS®
10232683
Days on Market
1027
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
2
Bathrooms
1
Living Area
3,000
Lot Size Dimensions
108.89
Lot Size
4,743,248
Subdivision
Armstrong/ Spall.

Property Description

N Okanagan Farm w multiple income streams: including Gravel Pit + Farm income/rental or lease streams ready to be developed. Rare property priced to sell well below market appraisal value. Welcome to country living, minutes to town with everything you need. 108+ acre farm with sought after fertile farmland. 65+/- acres annually cultivated w/organic grain. In ALR. Charming bungalow farmhouse w/new shingles (2019), electrical panel & plumbing updates (2020). 2 car garage, 40x60 shop w/220 power, cabin, barn (roof repair 2022), sheds . Ideal for horses, cattle, chickens, goats or other livestock. Beautiful views+privacy. Explore recent changes for an additional residence, power line in place in a beautiful treed area. Explore potential to subdivide. Previously established, permitted gravel pit. Property's overall substantial aggregate deposit relatively unworked to date. Evaluated by Mining engineer who specializes in aggregate, detailed description available. Net Present Value of aggregate based on over 17.5 million (metric) tonnes. Create a family legacy farm and/or a multi-decade aggregate operation. Self operate and/or consider lease/rental potentials. All measurements and values/estimates are approx. Seller makes no representations or warranties on actual measurements or quantities. Buyer to verify if important. (id:5764)

Additional Information

Ownership
Freehold
View
Mountain view, Valley view, View (panoramic)
Garage
Yes
Subdivision
Armstrong/ Spall.
Zoning
Agricultural
Parking Spaces
14
Country
Canada
Flooring
Carpeted, Linoleum
Roof
Asphalt shingle, Unknown
Community Features
Family Oriented, Rural Setting, Pets Allowed, Rentals Not Allowed
Heating
Forced air, See remarks
Lot Features
Level lot, Private setting, Treed, Irregular lot size
Architectural Style
Ranch
Lot Size
4,743,248

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Calculator source: Real Geeks