$1,450,000
40 Gibson Road
Lumby, British Columbia
1bed1bath904sqft
British Columbia
Lumby Real Estate
Browse homes for sale in Lumby • Median $737,500
$737,500Median Price
30Avg Days on Market
64Detached3House2Condo2Other2Commercial1Leasehold
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About Lumby Real Estate
Nestled in the picturesque North Okanagan region of British Columbia, Lumby is a charming city with a rich history dating back to its establishment in the late 1800s. Known for its stunning natural landscapes, Lumby is surrounded by the breathtaking Monashee Mountains and offers residents easy access to outdoor activities such as hiking, fishing, and skiing. The city’s character is defined by its small-town atmosphere, where community spirit thrives and residents enjoy a slower pace of life. The vibrant downtown area features local shops, cafes, and restaurants that reflect the area's warm hospitality and friendly vibe.
Lumby is unique in its blend of rural charm and modern conveniences. The city's commitment to preserving its natural beauty while fostering development makes it an attractive destination for those seeking a balanced lifestyle. The area's agricultural roots are evident in the local farmers' markets, where fresh produce and artisan goods are sold, supporting both local farmers and small businesses. Additionally, Lumby’s location offers residents the convenience of being just a short drive from larger urban centers like Vernon and Kelowna, allowing for an ideal mix of tranquility and accessibility.
For families, Lumby provides an excellent environment with access to quality schools and recreational facilities, including sports fields and parks. The community also hosts various events throughout the year, such as the Lumby Days Festival, which celebrates local culture and fosters community engagement. This rich tapestry of history, community involvement, and natural beauty makes Lumby a hidden gem in the Okanagan Valley, perfect for anyone looking to put down roots in a welcoming environment.
33 active listings with a median price of $749,900.
Lifestyle & Community
Living in Lumby offers residents a laid-back lifestyle characterized by a tight-knit community and a strong sense of belonging. The city hosts various community events like the annual Lumby Days, where families gather for games, entertainment, and local food. The atmosphere is friendly and inviting, making it easy for newcomers to integrate and feel at home. Outdoor enthusiasts will appreciate the abundance of recreational opportunities, from hiking in the nearby mountains to enjoying the serene beauty of the local rivers and lakes. With its blend of rural tranquility and community spirit, Lumby is a place where residents can truly enjoy a fulfilling lifestyle.
Local Amenities
- Local grocery stores and markets
- Community parks and playgrounds
- Lumby Library
- Elementary and secondary schools
- Health services and clinics
- Sports facilities including a curling rink and ball fields
- Restaurants and cafes
- Community center hosting events and classes
Points of Interest
- Lumby River Park
- Mabel Lake Provincial Park
- The historic Lumby Train Station
- Monashee Provincial Park
- The Lumby Farmers Market
- Nearby skiing at Silver Star Mountain Resort
- Okanagan Valley wineries
- The scenic views from the Lumby Lookout
Market Overview
The current real estate market in Lumby features 33 active listings, with a median listing price of $749,900. This price point reflects the growing demand for properties in the area, driven by its appealing lifestyle and natural beauty. As more buyers look to escape urban centers in search of affordable housing and a sense of community, Lumby's market is expected to remain competitive. Buyers should be prepared for a variety of property types, from single-family homes to larger estates, catering to a range of budgets and preferences.
Investment Outlook
Lumby presents promising investment opportunities, particularly for those interested in rental properties or developing land. With a stable demand for housing driven by families moving to the area for its quality of life and retirees seeking a peaceful environment, rental properties can yield strong returns. Additionally, the city is witnessing gradual development trends, with infrastructure improvements and new housing projects emerging, indicating a healthy growth trajectory for investors.
Ideal For
Lumby is ideal for first-time homebuyers looking for affordable options, families seeking a close-knit community, and retirees wanting a peaceful lifestyle amidst nature. Additionally, investors will find opportunities in the rental market and potential development projects, making Lumby a versatile choice for various buyer profiles.
Living in Lumby
Lifestyle
Living in Lumby offers residents a laid-back lifestyle characterized by a tight-knit community and a strong sense of belonging. The city hosts various community events like the annual Lumby Days, where families gather for games, entertainment, and local food. The atmosphere is friendly and inviting, making it easy for newcomers to integrate and feel at home. Outdoor enthusiasts will appreciate the abundance of recreational opportunities, from hiking in the nearby mountains to enjoying the serene beauty of the local rivers and lakes. With its blend of rural tranquility and community spirit, Lumby is a place where residents can truly enjoy a fulfilling lifestyle.
Local Amenities
Local grocery stores and marketsCommunity parks and playgroundsLumby LibraryElementary and secondary schoolsHealth services and clinicsSports facilities including a curling rink and ball fieldsRestaurants and cafesCommunity center hosting events and classes
Market Insights
The current real estate market in Lumby features 33 active listings, with a median listing price of $749,900. This price point reflects the growing demand for properties in the area, driven by its appealing lifestyle and natural beauty. As more buyers look to escape urban centers in search of affordable housing and a sense of community, Lumby's market is expected to remain competitive. Buyers should be prepared for a variety of property types, from single-family homes to larger estates, catering to a range of budgets and preferences.
Investment Potential
Lumby presents promising investment opportunities, particularly for those interested in rental properties or developing land. With a stable demand for housing driven by families moving to the area for its quality of life and retirees seeking a peaceful environment, rental properties can yield strong returns. Additionally, the city is witnessing gradual development trends, with infrastructure improvements and new housing projects emerging, indicating a healthy growth trajectory for investors.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
6
$200K – $400K
6
$400K – $600K
18
$600K – $800K
13
$800K – $1.0M
6
$1.0M – $1.5M
15
$1.5M – $2.0M
4
$2.0M – $3.0M
8
$3.0M+
8
Explore More in Lumby
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Frequently Asked Questions About Lumby
There are currently 80 active residential listings in Lumby. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.