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Waterfront Opportunity Near Spring Bay - 146 acres
Mckillop Rm No. 220 Mckillop Rm No 220 S0G 0L0

$624,500
Land

Main Photo: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 1: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 2: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 3: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 4: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 5: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 6: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 7: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 8: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 9: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 10: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 11: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 12: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 13: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 14: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 15: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 16: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 17: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 18: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 19: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 20: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Photo 21: Waterfront Opportunity Near Spring Bay - 146 acres in Mckillop Rm No 220: Land for sale (Mckillop Rm No. 220)  : MLS®# SK053125
Status:
Active
Prop. Type:
Land
MLS® Num:
SK053125
146 acres of waterfront land with an amazing opportunity for a new development or a very large, privately owned waterfront farm. These 146 acres are made up of 2 separate parcels. The first is a smaller 2.82-acre triangle-shaped parcel located directly across the road from Spring Bay, with approx. 789’ of lake frontage on Last Mountain Lake, which would be perfect for a future boat-launch area as part of a development, or sell this piece off with the intention of a future development of a single waterfront acreage. The second piece is a very large, 143.18-acre parcel with approx. 2,067 sq ft of lake frontage. Combined, this land offers 2,856 ft of waterfront frontage - talk about a nice piece of land! Seller states an older geotech report was completed years ago and showed the land was buildable (a new geotech is required when applying for building permits or development). Buyers to complete their own due diligence with the RM regarding future development. Don't miss this prime piece of property! Call today!
Lot Details:
2856.00xIrregular
Topography:
Other
Bathrooms:
- (Full:-, Half:-)
General Listing Location:
Mckillop Rm No 220, Mckillop Rm No. 220
Association Fee Frequency:
Monthly
Land Lease:
No
Immediately
Building Name:
Waterfront Opportunity Near Spring Bay - 146 acres
Lease Considered:
No
Lot Features:
Adjacent To Open Space, Irregular Lot, Waterfront, Trees
Current Use:
Recreational
Waterfront Features:
Waterfront
Water Body Name:
Last Mountain Lake
Waterfront:
Yes
Fencing:
PartialCross
Road Surface Type:
Gravel
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Listed by C&C REALTY
Data was last updated November 14, 2026 at 04:35 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$54,900
Min list price:
$33,900
Max list price:
$624,500
Avg days on market:
193
Min days on market:
3
Max days on market:
248
These statistics are generated based on the current listing's property type and located in Mckillop Rm No. 220. Average values are derived using median calculations. This data is not produced by the MLS® system.

Buying Farm & Land in Saskatchewan

Land listings cover a wider range than any other category. A 160-acre grain quarter, a five-acre lake lot, a mixed operation with a yard site and shop, and a bare parcel awaiting a build are all "land" — with completely different buyers, financing, and diligence. Knowing which category you're actually shopping is the first step.

Farmland is bought on productivity: SAMA soil final ratings, cultivated versus total acres, SCIC soil class and risk zone, and the price expressed per cultivated acre or as a multiple of assessed value. Acreages and hobby farms are bought on lifestyle, where the well, septic, heating fuel, outbuildings, and road access matter more than soil ratings. Recreational and bare land comes down to services, access, and what you're permitted to build.

What to Verify Before You Offer

Land deals fail on diligence more than on price. The recurring items: water (well depth, flow, and quality — or the cost of drilling), septic type and condition, heating fuel (propane costs differ meaningfully from natural gas), access and who maintains the road, lease status on farmland (many quarters are tenanted, sometimes with a right of first refusal), surface versus mineral title, and financing — rural lenders often cap the land value they'll finance, may exclude outbuilding value, and require larger down payments.

Ownership rules matter too: under The Saskatchewan Farm Security Act, non-Canadians and non-Canadian-controlled entities are generally limited to 10 acres unless the Farm Land Security Board grants an exemption. Our Saskatchewan farmland values guide covers the rules and current price trends in plain language.

Backed by a farm & land specialist

Gordie works with Optimum Realty's dedicated farm and land specialist, so land buyers get both a REALTOR® who knows how to run a purchase and someone who lives in the agricultural side of the market. Call or text 306-737-8888 to talk it through, or ask for a saved search on the parcels you're watching.

Saskatchewan farm & land questions

Canadian citizens, permanent residents, and 100% Canadian-owned entities can own Saskatchewan farmland without restriction. Everyone else is generally limited to 10 acres under The Saskatchewan Farm Security Act unless the Farm Land Security Board grants an exemption.

An acreage is a rural residence, typically on under 10 acres — a lifestyle property. A hobby farm adds productive use such as animals or hay, usually on 10 to 80 acres. A farm is a commercial agricultural operation, generally measured in quarter sections of about 160 acres. The distinction affects financing, taxes, and — past 10 acres — ownership eligibility.

Usually not. Most Saskatchewan land trades surface rights only — mineral titles are separate, and the Crown holds the majority of mineral rights in the province. When a listing does include mineral title, it's a value-relevant feature worth verifying on title before writing an offer.

It's different, not impossible. Lenders often cap the land value they will finance, may exclude outbuilding value entirely, and can require larger down payments than a city purchase. Farm Credit Canada and agricultural lenders handle farmland differently again. Getting financing structured before you shop prevents the most common reason rural deals fall apart.

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Gordie Chan, REALTOR® with Optimum Realty Inc., Regina

Gordie Chan

REALTOR®, Optimum Realty Inc. · Serving Regina for 20 years

Looking at land? Let's talk through what you're buying — and bring in Optimum's farm and land specialist where it helps.

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