Big Fat Deal: How a renovation turned into a $10-million retreat (photos)

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Each week, BCBusiness takes you inside one of the most outrageously upmarket real estate offerings in the province

Price: $10,500,000
Address: Chilko Experience Wilderness Resort, 7221 Chilko Newton Road, Chilko Valley
Exclusive listing
Listing agent: Mike Riesterer of Macdonald Commercial Real Estate Services

For the hardened urbanite, this 25-acre wilderness resort represents a complete departure from life in the fast lane. Forget dealing with commuter traffic and irate bosses: wake up instead to the sound of your own 10-acre private lake complete with not one but seven fully-furnished log and timber frame homes—the culmination of a 35-year dream of the current owners to create a luxury resort in the bucolic surroundings of Chilko Valley in Chilcotin country. The area’s claim to fame? Nearby Chilko Lake—where this property owns one of only five private moorings—is billed by BC Parks as the highest and largest freshwater lake in Canada, while its famous counterpart, the Chilko River, is lauded as the top whitewater-rafting river in the world by Outside magazine.
 
If those stats don’t dazzle you, then try these: the property comes with a fully-equipped gym complete with a climbing wall, 11 ATVs, three boats, an additional 2.5 acres of leased land, a workshop, a maintenance building and boat storage. Hiking, biking, kayaking, fishing—even grizzly bear viewings—will instantly remove those city cobwebs. Oh, and with five million acres of surrounding Crown and Provincial Park land, there’s no need to worry about bumping into other folk. But did I mention the grizzly bears...
 
Listing agent Mike Riesterer explains, “What began as a single renovation of the original homestead grew into a $10-million family retreat.” That’s some home improvement lesson. Log beams, denim pine, slate floors and steel roofs trumpet British Columbia’s veritable smorgasbord of natural resources. The resort provides a perfect getaway for large groups or more intimate gatherings with individual cabins designed so that unobstructed vistas and complete privacy are assured.
 
The interiors are decorated as beautifully as the exteriors with artwork, antiques and high-end furnishings, as well as kitchen appliances and glassware. Carefully thought out, even the heating system features buried gas lines to each building, so as not to ruin the natural beauty of the surroundings, and a 140-foot well provides fresh water.
 
What’s more, meals and accommodation at no charge have been provided to wounded war veterans since 2007 through the owners’ Operation Comfort program.



Nicola Way runs the property listing sites BestHomesBC.com and AssignmentsCanada.ca.


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