$1,375,000
( $324.29Per Sq Foot )
 $7,381 est/mo Sourced by Back At You

1681 Sugar Lake Road Unit# 67 , Cherryville, BC V0E2G2

Cherryville, BC V0E2G2

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Description

This beautiful 5+ suite Lodge is open Year Round for daily, weekly, biweekly and monthly accommodation bookings. Corp. and govt. stays as well as repeat vacationers know to book early to get their favourite suite, all of which are fully self-contained and furnished. The Bistro with liquor license has been closed since covid, but offers significant income potential with more families buying lots at the resort each year. The restaurant was adored by locals who came out and packed the restaurant on weekends and special occasions such as mother's day and birthdays. Romantic couples enjoyed cool evenings on the patio with propane heaters and cosy wraps while watching the moon reflect on sugar lake. There is nothing like this in the North Okanagan! With changes in BC's short-term rental, the Resort's Recreational Commercial Zoning makes it a destination of choice! Operators and caretakers can live here full-time year-round. Perfect for a family operation, this Lodge is a rare and exciting opportunity for anyone who wants rental income. The Lodge and Bistro is a 1/67th owner of the resort corporation. All RVs and homes are also share owners of the whole Resort. Private Rentals must go through the management contract which is available as an additional revenue source to owners of the Lodge. Boat slips are available for rent. The Lodge has its own septic system for the Bistro. Sugar lake is well known for fishing, swimming and boating. H.O. Maint fees only $246.73/ mo (id:13843)

Details

MLS#10309973
Listing TypeFor Sale
StyleTown House
StatusActive
Year2008
Days On Site258
Listing Provided ByeXp Realty (Kelowna) | Randy Rauck

Features

SQ Feet4,240
ZoningUnknown
Acreage0.22
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Listings Checked: 37 seconds ago
StateBC
CityCherryville
Zip CodeV0E2G2
Listing VS Median (in V0E2G2)
Price:
$1,375,000
low | high
Med:
$1,287,000
56.4% of Average
SqFt:
4,240
low | high
Med:
3,001
79.221698113208% of Average
$ / SqFt:
$324
low | high
Med:
$502
4.917139614075% of Average
On Site:
258
low | high
Med:
249.000000
100% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 9:26:42 AM PST