Investor alert! Perched on a premium, south-facing, water view lot in the heart of Gateway Lakeview Estates in Lee Creek, this unfinished, 2008 built, 3-level cottage with huge basement-level tandem garage, could be the perfect opportunity to pick up some huge equity! This home is at lock-up stage with electrical & plumbing already roughed in and insulation in the walls, a solid start to a cozy cottage! Come and take a look at this diamond in the rough to see if it fits your ability to complete the project. Your gain in equity could far outweigh the effort that you put in. This gated community is open year-round, allowing all to enjoy a myriad of year-round recreational activities in all four seasons. Private Lake access features a large beach area with a daytime dock. Zoning allows for 182 days of usage per year. Rent this cottage out to easily recoup the monthly fee of $699.89 and then enjoy the rest of the time yourself. With every new property sold, the HOA fee will be reduced over time and will be reflected in future annual budgets. Undivided Interest properties are typically an ‘all cash’ purchase but here, the Seller will lend any qualified buyer a mortgage at competitive rates with a minimum 20% down payment! Receive a $3,000 credit towards your monthly fees when you buy this one. It does not get any better than this for the money! Gather more information and watch a compelling aerial drone video on the development before booking your own appointment to view the site! (id:2493)
Data was last updated October 31, 2025 at 01:15 PM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$219,700
Min list price:
$59,500
Max list price:
$899,900
Avg days on market:
158
Min days on market:
2
Max days on market:
968
Avg price per sq.ft.:
$471.17
These statistics are generated based on the current listing's property type
and located in
North Shuswap. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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