For Sale: 1121 SW Shuswap Street, Salmon Arm, BC - REW
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$1,050,000
4 bd • 2 ba • 2976 sf • House
1121 SW Shuswap Street
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$1,050,000
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1121 Shuswap Street SWSalmon Arm, BC, V1E 1J3

  • 4 Bed
  • 2 Bath
  • 2976 Sqft
  • House

About this home

Welcome to 1121 Shuswap Street SW, a rare opportunity to own a piece of local history. This 2.81-acre hobby farm has been cherished by the same family since 1920 and is located in the ALR with R-14 HIGH-DENSITY RESIDENTIAL ZONING, providing a perfect blend of rural potential and significant investment upside. For the forward-thinking investor, the R-14 designation (the successor to R-4) is a major asset, supporting up to 40 dwelling units per hectare and explicitly permitting multi-family dwellings, triplexes, and four-plexes. While the property’s inclusion in the Agricultural Land Reserve requires a ""Non-Farm Use"" or exclusion application for high-density development, its position in the heart of Salmon Arm makes it a prime candidate for future growth. The existing home spans over 3,000 square feet and features a basement designed with a separate suite layout in mind, offering excellent flexibility for a mortgage helper or dual-income rental stream while you navigate development plans. Outside, the park-like setting includes a pond that attracts herons, deer, and moose, all surrounded by established medicinal plants and a living fence for total privacy. Whether you are looking to raise animals and grow your own food or capitalize on the city's demand for medium-to-high density housing, this acreage provides an incredible canvas for a sustainable lifestyle or a profitable multi-unit project in the heart of Salmon Arm. (id:63626)
Listed by: Jez Nichols, Associate, Coldwell Banker Executives Realty

Home facts and features

Price details
List Price
$1,050,000
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Gross Taxes for 2026
$5,031
Home facts
Bedrooms
4
Full Bathrooms
2
Parking Spaces
2
Parking Details
Detached Garage, Additional Parking, Rv
Property Type
House
Lot Size
2.81 acres
Depth
Year Built
Built in 1956 (70 yrs old)
Title
Freehold
Style
Bungalow
Heating Type
Baseboard heaters, Forced air, See remarks
Agent details
Primary Agent
Jez Nichols
Primary Broker
Coldwell Banker Executives Realty
Listing details
Days on REW
122 Days
Property Views
649
MLS® Number
10375574
Source
Canadian Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

DESC StrongStart Centre
  • Public
  • Pre-K
Hillcrest Elementary School
  • Public
  • K - 5
Shuswap Middle School
  • Public
  • 6 - 8
Bastion Elementary School
  • Public
  • K - 5
King's Christian School
  • Independent
  • K - 12
South Broadview School
  • Public
  • Pre-K - 5
Salmon Arm Secondary School
  • Public
  • 9 - 12
Salmon Arm West Elementary School
  • Public
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Associate
Jez Nichols
Phone:
(403) 392-7002
Office:
250-833-9921
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