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$1,395,000

3580 20 Avenue SE

SE Salmon Arm, Salmon Arm · MLS® 10391610

5 bed · 2 bath · 1,617 sq ft · 28 sq ft lot · 10 parking

House · Single Family · built 1962 · 103 days on market

Listed by Grace Bootsma, Coldwell Banker Executives Realty

Rarely does a 28-acre acreage this close to town become available! Offering the perfect blend of rural living and everyday convenience, this picturesque property features 5-bedroom, 2-bathroom home, reliable city water, shelters, and an older barn ready for your equestrian or hobby farm dreams. Gently rolling fields, stunning mountain views, and fertile land create endless possibilities for horses, cattle, vineyards, orchards, or a wide variety of agricultural ventures. Ride directly from your property or explore the nearby Shuswap equestrian trail systems, providing endless opportunities for horseback riding and outdoor recreation. Live comfortably in the existing home while you plan and build the custom estate you've always envisioned, or simply enjoy everything this exceptional property already offers. Whether you're seeking a family farm, equestrian retreat, or private country escape just minutes from shopping, schools, and amenities, this is a rare opportunity to own a versatile acreage with space, privacy, city water, breathtaking views, and unlimited potential.

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 1,617 sq ft
Lot: 28 sq ft
Parking: 10
Year built: 1962
Property tax: $2,433 / yr
Days on market: 103
MLS®: 10391610

2026 assessment: $308,825 · asking is +352%
Price per sq ft: $863 vs $348 median for houses in SE Salmon Arm for sale (48)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Irregular lot size

On market 103 days

Listed now: 85 days; median for 154 houses for sale; this one 103 days

Houses in Salmon Arm. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveYes
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$6,281/mo

Mortgage $6,078 · Tax $203

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$6,078/ monthly

loan $1,116,000

25-year amortization

down payment20% · $279,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $707,364
property transfer tax: $25,900; BC general rate
cash to close: $304,900; down + PTT
total paid: $1,823,364

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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