470 Reflection Lake Road, Golden
Mountain Shadows MHP offers an opportunity to acquire an established income-producing asset with future development potential in the growing Golden market. The Property benefits from existing cash flow while providing upside through additional site development. Surplus land and an existing septic capacity area capable of supporting up to 88 sites present a compelling value-add opportunity for investors, developers, and resort operators seeking to increase revenues and enhance long-term asset value. Unlike traditional development opportunities requiring substantial carrying costs before generating income, Mountain Shadows provides immediate cash flow while allowing strategic implementation of future expansion plans. Its unzoned status affords flexibility for future site development, subject to applicable servicing and regulatory requirements. Potential uses may include additional manufactured home sites, park model units, RV pads, or short-term accommodation offerings designed to capitalize on the region's strong tourism market and year-round recreational appeal. Expanding site count while maintaining ongoing operations creates an attractive phased development scenario, allowing purchasers to grow revenues while mitigating development risk. Additional sites could be marketed to individual purchasers seeking mountain recreation properties, with opportunities for personal use and participation in rental programs, creating multiple avenues for value creation. Call your Agent! (id:1945)
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Property details for 470 Reflection Lake Road, Golden
- Type
- Commercial
- Lot Size
- 45.29
- Ownership
- Freehold
- Annual Taxes
- $9,487
Nearby Listings Stat
Estimated price and comparable properties near 470 Reflection Lake Road
Active Listings
14
Min Price
$250,000
Max Price
$5,598,000
Avg Price
$1,023,214
Days on Market
87
days
Sold Listings
2
Min Sold Price
$185,000
Max Sold Price
$755,500
Avg Sold Price
$470,250
Days until Sold
21
days
Neighbourhood Census Data
Columbia-Shuswap A, British Columbia / Colombie-Britannique
Population
459
Median Age
45.9
Median Income
$32,320
Dwelling Value
$319,611
Housing Tenure
Owners 78%
Renters 22%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1.9/km²
Avg Shelter Cost: $944/mo
Owners with Mortgage: 54.8%
Owners Spending 30%+: 12.9%
Tenants Spending 30%+: 0%
English only: 91.3%
English and French: 8.7%
Median Household Income: $64,171
Median Employment Income: $32,064
Price History
Listed
September 15, 2026
by RE/MAX Kelowna
Current Price
$5,598,000
Type
Commercial
For Sale
Contact Agent Get in touch about 470 Reflection Lake Road, Golden
Larry Berisoff
RE/MAX Kelowna