$ 3,800,000

5060 Hot Springs Road, Fairmont Hot Springs

9.88 acres of dream development property in sunny Fairmont Hot Springs (South Eastern BC)- near the famous natural hot springs, Lake Windermere, Columbia Lake, Invermere, and Panorama. Approximately 1 hour from Cranbrook and 1.5 hours from Banff/Canmore, this is an incredible area with a lot of untapped potential. The site has stunning views, situated along the length of the 18th fairway of the iconic Mountainside Golf Course. Water, sewer, and hydro services have been installed to the centre of the property. Zoned RES-3 Resort Lodging with a maximum density of 60 units per hectare, there is potential to develop over 200 units! With no development cost charges and almost no offsite servicing costs, the land and development cost per unit is unbelievably low. Bring your dreams and your vision, and create something truly special. (id:1945)
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Property details for 5060 Hot Springs Road, Fairmont Hot Springs

Type
Lots and Land
Lot Size
9.88
Ownership
Freehold
Annual Taxes
$5,318

Nearby Listings Stat

Estimated price and comparable properties near 5060 Hot Springs Road

Active Listings
46
Min Price
$72,900
Max Price
$13,600,000
Avg Price
$1,059,320
Days on Market
156
days
Sold Listings
13
Min Sold Price
$85,000
Max Sold Price
$1,189,000
Avg Sold Price
$448,508
Days until Sold
115
days

Neighbourhood Census Data

East Kootenay F, British Columbia / Colombie-Britannique

Population
519
Median Age
58
Median Income
$36,576
Dwelling Value
$420,800

Housing Tenure

Owners 93%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 29.8/km²
Avg Shelter Cost: $1,030/mo
Owners with Mortgage: 45%
Owners Spending 30%+: 14.6%
Tenants Spending 30%+: 0%
English only: 94.2%
English and French: 4.8%
Neither: 1%
Median Household Income: $82,688
Median Employment Income: $28,544

Price History

Listed
May 15, 2026
by eXp Realty
Current Price
$3,800,000
Type
Lots and Land
For Sale
5060 Hot Springs Road

Contact Agent Get in touch about 5060 Hot Springs Road, Fairmont Hot Springs

Gerry Taft
Gerry Taft
eXp Realty

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Comparison of 5060 Hot Springs Road, Fairmont Hot Springs, BC with Nearby Vacant Land