5007 FAIRMONT CloseFairmont Hot Springs, BC

MASSIVE PRICE DROP – PRICED WAY BELOW ASSESSED VALUE! NOW OFFERED AT $567,000! (Recently reduced from $599,000, and priced far below the BC Assessment value of $607,000!) The sellers are VERY MOTIVATED, making this an incredible, rare deal in Fairmont Hot Springs! This 3-bedroom, 3-bathroom mountain-side retreat features a WALK-OUT BASEMENT with a separate entrance that is RENOVATION READY! All the tough demolition and hard work have already been tackled, the outdated 70s shag carpet has been completely stripped out. The lower level boasts massive suite potential, giving you the ultimate flexibility: live comfortably upstairs while finishing the basement to rent out, generate mortgage-helper income, or design your dream mountain recreation space. PROPERTY HIGHLIGHTS: Unbeatable Value: PRICED $40,000 BELOW assessed value with immediate possession available! Main Living Area: Soaking in natural light with dramatic vaulted wood ceilings, a cozy fireplace, and floor-to-ceiling windows framing forest views. Layout: 2,549 sq. ft. of total space featuring a spacious primary bedroom, upper loft, wrap-around deck, and a fully gated yard. Prime Location: Walk to local markets, dining, and the famous natural hot springs, or take a quick 5-minute drive to the ski hills. Bring your creative ideas and capitalize on the massive equity build potential before someone else snaps up this deal! (id:67651)