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    Marketing British Columbia to the World®
    Princeton lake view esate 01 45 photos

    Luxurious Lake View Estate on Sprawling 51 Treed Acres - Princeton, BC

    Okanagan Listing No. 25071

    Jellicoe Station Inn spans 51 private acres overlooking Chain Lake, with a 4,000 sq. ft. home featuring 4 bedrooms, 3 baths & a serene master suite. With a walk-out lower level, additional accommodations & prime access to recreation, this estate is a rare opportunity.

    Foreign Buyer Ban does not apply to this property


    Price
    $1,275,000

    Size
    51.28 acres

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    Description

    The Jellicoe Station Inn, a former B&B with deep charm and character, is now offered for sale. Situated on 51 picturesque acres with views of Chain Lake, the property features a spacious 4,000± sq. ft. residence with four bedrooms and three bathrooms. Granite floors run throughout the home, enhancing its already impressive aesthetic. The main-floor master suite offers privacy and comfort, while the home's bold, original design makes it an ideal candidate for a luxurious rural getaway or hunting lodge.

    Expansive decks offer stunning lake and mountain views, perfect for morning coffee or evening gatherings. The lower level is built for entertaining, with space for a pool table, a lounge area, and a full bar for cocktails and conversation.

    Outdoor recreation starts at your doorstep. The Trans Canada Trail, which stretches from coast to coast, runs along the edge of the property. Whether it's hiking, fishing, sledding, or simply enjoying nature, the activities here are endless.

    The additional accommodations offer tremendous flexibility. Across the driveway, three guest rooms with six beds, a kitchen, and dining area are ideal for hosting family or guests. A separate suite features two bedrooms, a bathroom, a cozy kitchen, and a terrarium-style lounge with a loft and private deck. A 30 x 40 ft shop with 200-amp service, air exchange, and welding plugs includes a fully self-contained 3-bedroom, 2-bathroom suite above. Two additional cabins, each with private views, add to the property’s hosting potential. Past weddings and events reflect its appeal as a venue.

    Located in the Similkameen Valley, known for its wineries, agriculture, and untouched natural beauty, the property also provides close access to Okanagan amenities. From wine tours and hiking to peaceful lakes and vibrant local culture, this is a base for adventure and tranquility alike. Jellicoe Station Inn is more than just a home—it’s a legacy property with income potential and timeless appeal.

    Location

    3462 Princeton Summerland Road - Summerland, BC

    Access

    Contact Listing Agent.

    Area Data

    Being located in Jellicoe offers several significant benefits, particularly due to its proximity to the Okanagan region, one of the most picturesque and vibrant areas in the province. Some key advantages include:

    Access to the Okanagan Valley

    The Okanagan is known for its stunning landscapes, including lakes, mountains, and beaches. Its climate is one of the warmest in Canada, making it ideal for outdoor activities year-round. Residents of Jellicoe can easily access these natural wonders, enjoying everything from boating and swimming in the summer to skiing and snowboarding in the winter.

    Thriving Wine Country

    The Okanagan Valley is famous for its wine industry, boasting numerous high-quality vineyards and wineries. Living close to this region means easy access to wine tours, tastings, and a variety of wine-related events and festivals, offering a rich cultural experience.

    Recreational Activities

    The area around Jellicoe and the Okanagan is a haven for outdoor enthusiasts. Activities like hunting, hiking, mountain biking, fishing, and camping are readily available, providing a healthy and active lifestyle. In winter, the region offers excellent opportunities for skiing and snowboarding.

    Tourism and Economic Opportunities

    The Okanagan's popularity as a tourist destination can be beneficial for businesses and individuals looking for employment opportunities, especially in the hospitality, retail, and service sectors.

    Cultural and Community Events

    The Okanagan region is known for its vibrant community life with festivals, markets, concerts, and cultural events happening throughout the year. Living in Jellicoe allows for participation in these community activities, fostering a sense of belonging and enjoyment.

    Tranquil Rural Living with City Access

    Jellicoe offers the peace and quiet of rural living, away from the hustle and bustle of major urban centers, while still providing accessibility to city amenities in the Okanagan. This balance is ideal for those who appreciate a quieter lifestyle but still want the convenience of urban facilities.

    Real Estate Investment

    Due to its desirable location near the Okanagan, Jellicoe can be an excellent place for real estate investment. The demand for vacation homes and rentals in this area can be high, offering potential financial benefits.

    Recreation

    The Similkameen region in British Columbia offers a variety of recreational opportunities, including:

    Hunting

    The Similkameen region offers diverse hunting opportunities, with a rich population of wildlife such as deer, elk, and birds, attracting both novice and experienced hunters.

    Hiking and Trail Exploration

    Numerous trails wind through the picturesque landscapes, offering breathtaking views and encounters with local wildlife.

    Wine Tours and Tastings

    The region is known for its vineyards, providing opportunities for wine tours and tastings at local wineries.

    Fishing

    Abundant in rivers and lakes, Similkameen is ideal for both freshwater and fly-fishing enthusiasts.

    Camping

    There are several scenic spots for camping, allowing visitors to immerse themselves in the natural beauty of the area.

    Mountain Biking

    The diverse terrain makes it a great destination for mountain biking adventures.

    Kayaking and Canoeing

    The region's waterways provide excellent opportunities for kayaking and canoeing.

    Bird Watching

    The varied habitats in the area attract a wide range of bird species, making it a haven for bird watchers.

    Photography

    The stunning landscapes, including mountains, valleys, and rivers, offer fantastic photography opportunities.

    Rock Climbing

    Certain areas in Similkameen are suitable for rock climbing, catering to both beginners and experienced climbers.

    Skiing and Snowboarding

    In winter, the region offers skiing and snowboarding for snow sports enthusiasts.

    Snowshoeing and Cross-Country Skiing

    During the winter months, these activities are popular in the snow-covered landscapes.

    Cultural Events and Festivals

    The region hosts various cultural events and festivals throughout the year, reflecting its rich heritage and community spirit.

    Map Reference

    49°40'57.34"N and 120°17'7.18"W

    Investment Features

    The former Jellicoe Station Inn served as a B&B and hosted guests for many years. The seller’s current situation makes it difficult to operate a business, but the property is still ripe for reinstating a B&B and hosting a wide array of clientele looking to take advantage of the seemingly endless recreational opportunities throughout the surrounding region.

    Past rates included:

    • $55 per person per night (rental suites)
    • $125 per person per night (main house lower level)
    • $1,000/month for the guest house

    With growing interest in rural retreats and the outdoor lifestyle, this property presents exceptional value and upside for investors or families seeking a long-term escape.

    Services

    • Septic system
    • Drilled well (est. 10.5 gal/min) with a 3,500-gallon holding tank
    • Hydro to each building
    • Heating (two pellet stoves, electric baseboard and new heat pumps)
    • Domestic Water Licence (#C054446) on Galloway Spring
    • Internet via China Creek Internet Ltd.
    • Cable and telephone via Telus

    Improvements

    • Primary residence
    • Rental suites (3 bedrooms, 1 bathroom)
    • Guest house (2 bedrooms, 1 bathroom)
    • Workshop with suite above (3 bedrooms, 2 bathrooms)
    • Multiple storage buildings
    • Guest kitchen facility
    • Additional cabins

    Tax Details

    $4,089.13 (2024)

    Zoning

    Large Holdings 2 (LH2)

    Legal

    DISTRICT LOT 970, KAMLOOPS DIV OF YALE LAND DISTRICT EXCEPT PLAN A106 (PCL P) PLANS 27629 KAP77190
    PID 013-026-275

    Maps & Plans

    Map01 +8 maps

    Maps & Plans

    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.

    Location

    Location