Active

$4,195,000

5055 Ridge Road, Eagle Bay, BC

Vacant Land at 5055 Ridge Road in Eagle Bay, BC currently offered at $4,195,000.

Beds: -
Baths: -
Sq Ft: -
Built: -

Property Specifications

Annual Taxes: $5,633
Lot Size: 157.85 acres
Water Source: Private Utility
Sewer / Septic: No sewage system
Heating
Ownership Type: Freehold

The Property

Court Ordered Sale of a large format development site above Eagle Bay in BC's popular and growing Shuswap region. Currently zoned R2, the site supports development into 2.5 acre lots with a considerable level of infrastructure and feasibility analysis already complete. The property is improved with a licensed and operational private water utility that currently services 74 homes and 30 additional lots on a neighbouring property, and has the capacity to service an estimated 80 additional residences, more than sufficient for the subject property. The water system consists of a 632,000 litre reservoir, 5 wells, and underground servicing on the existing property and neighbouring properties. The private utility has an estimated replacement cost of $2.5m. Ridge Road provides access through the property to the water reservoir. The road is gravel and is built to MOTI grade specs. This is a well located development site with a significant level of hard and soft costs already completed. Sale is by way of Court Order. (id:63761)

Local Area Context • Eagle Bay

Living in Eagle Bay

A remote residential retreat on the south shore of Shuswap Lake offering deep seclusion and a total absence of local commercial services, requiring significant self-sufficiency.

Local Due Diligence & Property Realities

Infrastructure is managed at the individual or community level, with no municipal water or sewer services available. Residents must maintain private wells and complex septic systems, representing a significant long-term management responsibility. Connectivity is a primary constraint — cell service is spotty in many areas and high-speed fibre-optic internet is generally unavailable, often necessitating satellite solutions like Starlink for remote work. Winter brings increased physical demands and slower road plowing response times.

First-party area intelligence by Jeff Ragsdale, REALTOR®Full Eagle Bay Area Guide