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Investment signal

$5,890,000

4200 Highway 23 S Highway S

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Location

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About this home

Discover a rare and versatile investment opportunity just 15 minutes south of Revelstoke. This stunning waterfront property offers approximately 2,600 feet of river and seasonal lake frontage along the majestic Columbia River. Formerly operated as a fully functioning bed & breakfast, the property features an existing lodge complete with a pool and established camping sites, ready for revitalization or reimagining. The property includes access to a spectacular 300-foot waterfall, along with an existing (currently non-operational) hydroelectric plant and associated water rights on Mulvehill Creek, offering intriguing possibilities for future development or sustainable energy projects. Surrounded by breathtaking views and peaks the area is renowned for world-class heli-skiing, snowmobiling, and ski touring. Revelstoke Mountain Resort is just a 25-minute drive away, offering premier skiing and snowboarding, while the future Cabot Revelstoke adds appeal for golf enthusiasts. Enjoy year-round recreation with nearby sledding areas, mountain biking trails, and rock climbing. The waterfront invites fishing, paddle boarding, and swimming in the glacier-fed waters the Columbia River, creating an unmatched outdoor lifestyle experience. With flexible Commercial Resort Zoning and incredible natural assets, the opportunities are truly endless whether envisioned as a boutique resort, adventure lodge, wellness retreat, event destination, or private estate. (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Revelstoke
Common interest: Freehold
Lot size: 33.11 acres
Lot dimensions: 33.11
On market: Mar 26, 2026
Status changed: Apr 13, 2026
Annual tax: $4,791
Photos: 18
MLS#: 10380825
Area: REVELSTOKE

Features and systems

Lot

Private settingIrregular lot size

Community

Rural Setting

View

Lake viewMountain viewRiver viewValley viewView of waterView (panoramic)

Utilities

WaterElectricityTelephone

Negative cash flow ~$11,072/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.28%

Cap rate

3.63%

GRM

16.7

Break-even rent

$41,105

Financing

Down payment$1,178,000

Loan amount$4,712,000

Mortgage$28,908/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,700

Insurance$80

Maintenance$4,908

CapEx reserve$2,454

Vacancy loss$1,473

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Revelstoke. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $28,908/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.