MLS® 10397462

Resorts for Sale — Fernie, BC

$2,725,000

3934 Cokato Road, Fernie, BC V0B1M4

ResortsFor Sale
11,298 square feet
Floor area
9.47 acres
Lot size
1999
Year built

Property details

Structured details

Ownership
Freehold
Annual property tax
$9,668.68
Lot dimensions
9.47
Structure type
Other
Parcel ID (PID)
011-829-389
Utilities
Water, Natural Gas, Electricity, Cable, Telephone
Water source
Well
Sewer
Septic tank
Heating
Radiant heat, See remarks, Hot Water
Roof
Asphalt shingle, Unknown
Exterior
Stone, Stucco
Security
Smoke Detector Only
Lot features
Private setting, Bicycle parking, Sauna
Community features
Rural Setting

Listing Information

MLS®
10397462
Listed
August 27, 2026
Time on market
19 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Welcome to Elk View Lodge, a spectacular mountain property perched above Cokato Road on an extremely private 9.47-acre view lot in beautiful Fernie, BC. Enjoy some of the best views in the valley, with uninterrupted vistas of the Lizard Range and Fernie Alpine Resort. A true nature lover’s paradise, this four-season retreat offers direct access to Montane hiking, biking and cross-country ski trails on both sides of the driveway, while Fernie Alpine Resort is just 10 minutes away. Offering over 11,000 sq. ft. of living area, Elk View Lodge has operated as a hospitality venue for over 14 years, hosting weddings, corporate and community events and, most recently, short- and medium-term accommodation. Zoned RR-2 with an amendment permitting its existing use, this is a rare opportunity in Fernie’s thriving hospitality market. The main level features a dramatic wood and concrete staircase, massive great room with floor-to-ceiling windows, extensive decks, oversized kitchen, large ski/bike room and 3-car garage(currently converted to storage space). With 9 bedrooms, 10 bathrooms and multiple event areas, the property can accommodate guests in 8 private guest rooms and host groups of up to 75 per event. Equally suited as a multi-generational family estate, bring your family and friends and enjoy everything Fernie has to offer. One of the largest homes available in the region, Elk View Lodge is offered fully furnished at a fraction of its replacement value. This is truly one of Fernie’s best values! GST applicable. (id:63159)

Financing calculator

Estimate your monthly payment on the $2,725,000 asking price.

Financing details
Monthly debt service
$26,449
Cash required at close
$570,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Fernie)

Population
6,320(+17.1% since 2016)
Population density
418.3/km²
Median household income
$107,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
32.1%
Postsecondary below bachelor's
32.3%
High school diploma
26.9%
No certificate/diploma
8.8%

Population aged 15 and over.

Commute

Car, truck or van
78.1%
Public transit
2.2%
Walked
10.2%
Bicycle
7.5%
Other
2.0%

Commute duration

Under 15 min
58.6%
15–29 min
18.6%
30–44 min
8.1%
45–59 min
4.3%
60+ min
10.2%

Employed labour force with a usual workplace.

Mother Tongue

English88.5%
French3.3%
German0.7%
Italian0.7%
Tagalog (Pilipino, Filipino)0.6%
Spanish0.6%
Punjabi (Panjabi)0.5%
Polish0.2%
Gujarati0.2%
Japanese0.2%

Top 10 mother tongues reported (single responses).

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Other commercial property types for sale in Fernie

Frequently asked questions

What is the asking price for this resort?

The asking price is $2,725,000.

Where is this business located?

This listing is located in Fernie, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.