Two Adjacent Recreational Lots Offering 1.87 Combined Acres in Scenic Penny, BC

Price : $40,700

Select Property type: Sold
DESCRIPTION: Two adjacent lots zoned for a residential house, or cabin and offering 1.87 acres. The properties are located near the Fraser River and at the foot of the Rocky Mountains. The properties are road accessible and ideally located as a recreational retreat. Excellent opportunity to own recreational property in BC for only $40K.
LISTING NUMBER : 22025
PRICE: $40,700
SIZE: 1.87 acres

Description

1.87 acres on two adjacent titles in the remote town of Penny, BC. This is an affordable recreational property opportunity and your chance to enter British Columbia’s real estate market for just over $40k.

These properties are road accessible and offer convenient access to thousands of acres of Crown land. The properties sit below the imposing Rocky Mountains with the mighty Fraser River located nearby. The snow-capped peaks provide a dramatic background for the quaint town of Penny. The zoning permits for a single-family home on each parcel making these adjacent properties perfect for a family compound, or vacation getaway. The wider region has excellent hunting, fishing, hiking and off-roading opportunities.

This is one of the most remote and naturally beautiful locations within all of British Columbia. You get the feeling that you have travelled back to a simpler time while exploring this remote landscape.

LOCATION

The two properties are located in Penny, BC. Notable driving times include:

Prince George – 2 hours

Kamloops – 5 hours

Edmonton – 8.5 hours

Vancouver – 9 hours

DIRECTIONS

The properties may be accessed via the Upper Fraser Bridge at McGregor, BC. From McGregor proceed SE until you reach Penny Road. This road will take you into the town of Penny.

AREA DATA

The town of Penny, BC has a community hall and 11 permanent residents, the 40 plus houses are mainly absentee owned, but are occupied seasonally. No utilities infrastructure exists. Prior to the post office permanently closing on 31 December 2013, the community was the only one in Canada that still relied upon the railway for its postal service.

Prince George, with a population of 74,003, is the largest city in northern British Columbia and is the “Northern Capital” of BC. Situated at the confluence of the Fraser and Nechako Rivers, and the crossroads of Highway 16 and Highway 97, the city is the service and supply hub for one of the fastest-growing regions in Canada and plays an important role in the province’s economy and culture.

Prince George is the dominant economic center of the region. Public sector and education based jobs dominate the municipality’s economy. Presently the Northern Health Authority, stationed in Prince George, possess a $450 million budget and have invested $100 million into local infrastructure. UNBC, the College of New Caledonia and School District 57 adds a further $750 million into the local economy.

The city’s economy was once dominated by the lumber sector; however, the Fraser-Fort George Regional District has experienced extensive closures of the region’s lumber mills. This has been attributed to the movement towards “super mills,” a loss of supply caused by the prevalence of the Mountain Pine Beetle and US tariffs on lumber exports. It is predicted that mining exploration and development will soon supersede the lumber industry, as the dominant industry in Prince George and the surrounding areas. Additionally, Initiatives Prince George estimates that the Nechako Basin contains 5,000,000 barrels of oil, which could help diversify the region’s economy further through the commencement of petroleum harvesting operations.

Presently, the city of Prince George has a number of private enterprises and facilities operating in and contributing to its local economy. These facilities include:

Two chemical plants
An oil refinery
Brewery
Dairy
Machine shops
Value added forestry
Specialty equipment manufacturing

Prince George has a large regional airport offering daily flights to numerous major destinations.

VEGETATION

The property and surrounding region is perfect for the growth of thick coniferous forests with interspersed pockets of aspen and poplar groves. In valley bottoms with rivers, creeks and ponds, willows are the dominant species of vegetation.

RECREATION

The region surrounding these lots is famous for its outdoor recreational opportunities. The following activities are available:

Hunting

The properties offer excellent hunting opportunities for whitetail deer, mule deer, elk, moose, bear and game bird species.

Snowmobiling

The entire regional district surrounding the offered lots is famous for its snowmobiling opportunities. Whether it is through the Robson Valley or North towards Mackenzie, ample annual snow fall ensures plenty of snowmobiling opportunity.

Skiing/Snowboarding

The same snow, which affords excellent snowmobiling opportunity, provides excellent slope conditions. Taber Mountain and Purden Ski Village are a short commute from the property. For more rugged skiing/snowboarding adventures, you may drive north to Powder King Mountain in the Pine Pass. A new $100 million ski hill has also been approved for Valemont in the Robson Valley, which is a short commute away.

Hiking/Camping

With all the surrounding Crown land and nature, the options for hiking and camping are endless.

Gardening

The climate and soil conditions are ideal for a large and expansive garden providing the opportunity to become very self-reliant from a produce perspective.

Urban Recreation

With Prince George a reasonable drive away, the opportunity to go out on the town is always available. The Prince George Cougars (WHL) always provide excellent entertainment. There are fitness centers, pools, restaurants, bars and everything else you could possibly need.

MAP REFERENCE

53°50’15.55″N and 121°16’31.76″W

SERVICES

IMPROVEMENTS

TAXES

$179 (2022)

ZONING

CR-1 (Country Residential)

The following uses of land, buildings and structures are permitted uses: