Fully furnished condo within Halcyon Hot Springs Resort. Freehold ownership. Unit is set up for 2-4 people with 530 ft2, 1 bath, kitchenette with dining nook, BBQ area & ground level walkout door facing the lake. Excellent returns—most profitable units. Use personally and/or as investment.
Foreign Buyer Ban does not apply to this property
This spectacular resort is perched on the shores of Arrow Lake offering stunning views with a world class spa, restaurant, and outdoor recreation. Halcyon is one of the top spa destinations in British Columbia. Open year-round, Halcyon is home to some of the most restorative hot spring waters you will find in North America.
This unit is very well-equipped and set up for four people plus it has a pullout sofa. Approximately 530 ft2 in size, the sleeping arrangements feature 2 queen-sized beds in one hotel style room, and a pullout sofa in an adjacent room where you will also find a small kitchen area with microwave, small fridge and sink. One full bathroom with tub. Private ground-level patio facing the lake with barbecue and easy access down to the lake and very private. Being sold furnished.
This unit is the closest to the amenities/hot pools and the only building on the lake side of the road.
There are two units in this structure. This sale is for the lower unit only. Upper unit is listed for sale for $499k by different owner.
It is free hold ownership, condo strata.
100% hands off.
After strata fees were paid, after property taxes were paid, after cleaning, management, snow removal, utilities and all costs the unit profited $18k last year.
Most recent sale at Halcyon was for $420k 1 year ago—same financials. Ideal investment that offers recreational perks and use.
530 ft2 plus 105 ft2 patio
Please contact the listing REALTOR® to see a copy of the financials for the unit. This is a well-managed and 100% hands-off investment.
10 minutes south of the Galena Bay Ferry Terminal on Highway 23 South, please see maps.
Information about the resort can be found on the Halcyon Hot Springs Resort website.
Slightly more accessible than Revelstoke is the community of Nakusp, only 40 km away and not requiring a ferry for access. Nakusp has a population of 1,600 and offers all your basic amenities. The town has a 3,000 ft paved runway, great schools, a hospital, vet clinic, grocery store, golf course, quaint shops and many other services and a small but vibrant arts community. Nakusp also fronts on Upper Arrow Lake and has a great marina facility and attractive waterfront.
Revelstoke is a quaint mountain town located 65 km north of Galena Bay and connected to the same water body as Galena Shores. Coming from Alberta one turns off the Trans-Canada Highway at Revelstoke and then drives south on Highway 23 to the ferry. Revelstoke’s economy is based around tourism, forestry and the rail. The largest growth sector of late is tourism as more and more visitors come for outdoor adventures year-round. Revelstoke Mountain resort has the highest vertical drop in North America and some of the deepest and most consistent snow conditions on earth. With a population of close to 8,000 the town offers all the amenities one requires with two grocery stores, lots of shops, restaurants and cafes, all your professional services, spas, a great hospital with emergency service, two new schools and a picturesque and vibrant western style town core.
In summer the boating on Arrow Lake is fabulous, there are lots of interesting excursions—up the long and fjord like Beaton Arm which extends more than 12 km off the main lake body, kayak along the shores of the lake, visit historical sites such as the ghost town of Arrowhead not too far from the resort, or just zip around the lake in a small aluminum boat stopping at various beaches and combing the shoreline for driftwood. The resort has a beach to laze around and small dock and kayaks and paddle boards available for rent. Fishing is top notch year-round, but best in the fall/winter months with large rainbows 9-15 lbs. a common catch, Dollies are also prevalent, the smaller kokanee salmon.
There are some nice small hikes around the resort lands and along the shoreline of the lake.
The area has great quadding and dirt biking options on Forestry Roads. For those who want to get into the backcountry even further, there are Forrest Service Roads that take you up amazing mountain valleys. Or for those who are looking for a scenic drive the drive south to Meadow Creek and Kaslo along Trout Lake and the Lardeau River is one of the best in BC. In late April/May the Gerhard rainbow are spawning at the end of Trout Lake and these are the largest trout in the world—a must see! Other summer activities include wildlife watching, hiking, great mountain bike trails or just kick back and enjoy the stunning mountain and lake scenery.
In winter you have some BC’s best snowmobiling nearby, world class heli-skiing and a few backcountry adventure lodges are present in the area. The restaurant on site is very well reviewed. Revelstoke Mountain Resort is approx. 1 hour away and offers amazing powder riding and day cat skiing is available in Trout Lake also an hour away. Some of the best fishing of the year is during the winter months as the lake remains open water year-round. Or what better way to spend a snowy winter day than in a hot spring.
Please see mapping section, all boundaries are approximate.
Narrative: Strata Lot 16, Plan NES3292, District Lot 2451, Kootenay Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V & AN UNDIVIDED 1/664 SHARE IN LOT 9 PL NEP84154 (SEE PL AS TO LIMITED ACCESS)
Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest® does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.