Acreage

3135 Edes Road

SE Salmon Arm, Salmon Arm, BC

MLS® 10388742 · 105 days on market

$939,000

3.2 acres

6 bed · 4.2 bath · 2,325 sqft

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Description

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:63159)

Property Details

Property & Lot

Sub-type
House
Year built
1918
Stories
2
Lot size
3.2 acres
Title
Freehold

Interior

Heating
Forced air

Building & Utilities

Water source
Well, Licensed, See Remarks
Sewer
Septic tank
Parking spaces
4
Parking type
Detached Garage
Parcel ID (PID)
017-924-022

Room Dimensions

RoomLevelDimensions
BedroomSecond level9' x 11'
BedroomSecond level8' x 11'
BedroomSecond level9' x 13'
BedroomSecond level8' x 13'
Partial bathroomSecond level
Full bathroomSecond level
OtherSecond level9' x 10'
Primary BedroomSecond level12' x 17'
Dining roomMain level10' x 15'
Living roomMain level10' x 13'
FoyerMain level20' x 7'
BedroomMain level11' x 11'
Full bathroomMain level
Partial bathroomMain level
Laundry roomMain level10' x 7'
Family roomMain level9' x 17'
KitchenMain level12' x 17'
Annual property tax
$1,782
Brokerage
Coldwell Banker Executives Realty

Location Insights

Population

19,432

(2021 Census)

+9.7% since 2016

Density
125.2/km²
Dwellings
8,517
Median household income
$75,000
After-tax
$68,000
Immigrant population
10.2%

Top countries of origin

  • United Kingdom2.4% · 460
  • United States of America1.1% · 210
  • Germany0.9% · 170
  • Netherlands0.7% · 145
  • Philippines0.7% · 140
  • Poland0.3% · 55
  • China0.3% · 55
  • India0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Weather

24°C

Humidity 53%

Wind NNE 6 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

Friday

20°

Friday night

Source: Environment and Climate Change Canada.

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