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North Okanagan E
1681 Sugar Lake Road Unit# 67 Lot# 67
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1681 Sugar Lake Road Unit# 67 Lot# 67 $1,375,000
$1,375,000
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1681 Sugar Lake Road Unit# 67 Lot# 67
Cherryville, British Columbia V0E2G2

MLS® Number: 10309973

Listing 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 (37189604)

Property Summary

Property Type
Hospitality
Building Type
Other
Neighbourhood Name
Cherryville
Title
Freehold
Land Size
0.22 ac|under 1 acre
Built in
2008
Annual Property Taxes
$2,400
Parking Type
See Remarks
Time on REALTOR.ca
189 days

Building

Bathrooms
Partial
0
Building Features
Features
Level lot, Irregular lot size
Present Use
Hospitality / Resort, Retail
Heating & Cooling
Heating Type
Baseboard heaters, (Electric), See remarks
Utilities
Utility Sewer
See remarks
Water
Well
Exterior Features
Roof Style
Unknown (Steel)
Neighbourhood Features
Community Features
Family Oriented, Rural Setting
Amenities Nearby
Golf Nearby, Schools, Shopping
Parking
Parking Type
See Remarks
Total Parking Spaces
12

Measurements

Square Footage
4240 sqft

Land

Lot Features
Frontage
110 ft
Landscape Features
Landscaped, Level, Wooded area
Other Property Information
Access
Easy access
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
250-307-7553
REALTOR® Website
Email
Book showing
eXp Realty (Kelowna)
1631 Dickson Ave, Suite 1100
Kelowna, British Columbia V1Y0B5
833-817-6506
Office Website
Randy Rauck