Seven acres of riverfront multi-family development potential on the crystal-clear waters of the St. Mary River, renowned for its world-class fly fishing. Permitting up to six residential units, with a preliminary three-lot subdivision concept well suited for Duplex Residences.
Foreign Buyer Ban does not apply to this property
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This exceptional parcel presents a unique opportunity to develop a multi-family residential project in one of British Columbia’s most sought-after locations. A preliminary subdivision concept has been prepared illustrating the potential to configure the seven-acre property into three separate development lots, well suited for three duplex residences, allowing for up to six residential units, subject to municipal approval. The owners will work directly with the buyer to ensure subdivision approval. This offering provides an attractive entry point ahead of full infrastructure completion, creating meaningful value for an investor prepared to advance the project.
The property is adjacent to the final phase of the prestigious Estates at Shadow Mountain development, a master-planned community that seamlessly blends upscale living with the natural environment. The surrounding terrain offers a mix of gentle plateaus, lush riverbanks, and striking views, creating an ideal canvas for a high-quality residential development.
Infrastructure development is progressing, with road access and essential services including city water and sewer anticipated to be completed fully in 2026. Once finalized, the property will be accessed via a scenic roadway serving future high-end acreage lots. This planned layout has been designed to complement the site’s topography while showcasing the dramatic riverfront setting, offering privacy and strong development appeal, all within minutes of Cranbrook’s downtown amenities.
GST is applicable on the price.
6145 Parnaby Road - Cranbrook, BC
Contact Listing Agent.
Located within the city limits of Cranbrook, the largest urban center in the East Kootenay’s, this property is positioned in a thriving and strategically significant area. Historically known as the “Key City,” Cranbrook has long served as a critical hub for the region’s industries and continues to play a vital role today.
Cranbrook’s infrastructure supports both traditional industries like forestry and transportation, while also fostering growth in tourism, small-scale manufacturing, and retail trade. The city has also seen expansion in healthcare services and education-related industries, further enhancing its role as a regional service center. Modern amenities like healthcare facilities, schools, and retail services make Cranbrook a desirable location for residents and businesses. The Canadian Rockies International Airport located just minutes away, makes accessibility for travel a breeze. It also enhances opportunities for commerce and investment, reinforcing Cranbrook’s importance as a gateway to the East Kootenay’s.
This property is surrounded by exceptional four-season recreation opportunities that cater to every outdoor enthusiast. Golfers will find themselves in paradise with easy access to some of the finest courses in the province. Just a short golf cart drive away from the property, Shadow Mountain Golf Course is an incredible 18-hole championship-style golf course that offers dramatic elevations, pristine fairways surrounded by lush pine forests, and spectacular mountain views. Located 15 minutes north of downtown Cranbrook, St. Eugene Golf Course not only provides championship-level play but also features a full-service resort and casino, making it a premier destination for relaxation and entertainment. Completing the trifecta, Wildstone Golf Course, Canada’s first Gary Player-designed course, is celebrated for its innovative design and breathtaking landscape.
When winter sets in, the area transforms into a snow sports wonderland. Kimberley Alpine Resort is just a short drive away, with Fernie, and Whitewater Ski Resorts also within easy reach. From groomed slopes to backcountry skiing, snowmobiling and snowshoeing, there is endless opportunity for winter adventure!
The area is filled with unique destinations like White Swan Provincial Park, home of the legendary Lussier Hot Springs, where you can relax in natural mineral filled pools surrounded by stunning views of mountain tops and glaciers. Nearby, Wasa Lake and Premier Lake Provincial Parks offer hiking, fishing and camping. For history buffs, Fort Steele Heritage Town brings the past to life with its rich stories and preserved traditions. Whether you’re exploring the outdoors or visiting local attractions, the East Kootenays deliver endless possibilities for recreation.
49°35'0.64"N and 115°47'42.13"W
All services expected to be completed in July.
Bare land only.
$2,627.13 (2025)
CD-3 Shadow Mountain Comprehensive Development Zone.
Multi Family Development District
Potential to re-zone for single family acreage use.
LOT 3 DISTRICT LOT 9877 KOOTENAY DISTRICT PLAN EPP4920
PID 028-249-143
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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.
Cranbrook
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