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Rural Address, SpiritwoodRmNo496 SK
Spiritwood Rm No. 496 Spiritwood Rm No. 496 S0J 2G0

$784,900
Farm

Main Photo: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
Photo 1: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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Photo 95: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
Status:
Active
Prop. Type:
Farm
MLS® Num:
SK046712
Build. Type:
House
Looking for a half section to get started farming, upgrading your hobby farm, or a sizeable acreage with rental income? This half section has 290 acres of pasture, permanent water source, and well producing cultivated acres (Soil Class G&H). The home was built in 1990 and features a spacious, open concept main floor with 2 bedrooms, 2 full bathrooms (one is an ensuite), and main floor laundry. The basement is mostly finished with a large family room, office, bedroom, half bath (roughed in for full), a utility room and storage room. There is direct access to the basement from the attached garage (24x30). The home is move in ready and can accommodate quick possession. The cultivated acres are currently rented for the 2026 crop season (Buyer to honour that lease), the pasture will also be rented later in the season - pending sale status. The yard site has a private well and lagoon septic, the barnyard has a second well, a barn, and workshop. There is an arch rib quonset, the corral system is nicely set up and there is a silage pit and grain storage on the property as well. This property is a must see - quiet location with an easy short drive off the highway. School bus does service this area to Spiritwood. 2026 Taxes paid to the RM of Spiritwood were $2,339. Any applicable GST is responsibility of the Buyer. Reach out to set up a showing and to get more info on this lovely home!
5 miles south of Hwy 3 & 12, 1 mile west, 1/2 mile south
Listing Area:
Spiritwood Rm No. 496
Property Type:
Farm
Property Sub Type:
Mixed Use
Building Type:
House
Home Style:
Raised Bungalow
Year built:
1990 (Age: 36)
Total Floor Area:
1,152 sq. ft.
Bedrooms:
3
Number of bathrooms:
2.5
Parcel Count:
2
Property Offered:
Buildings And Land
Heating:
Forced Air, Natural Gas
Water Heater:
Included
Water Heater Type:
Gas
Water Softener:
Included
Water Treatment Equipment:
Included
Sewer:
Lagoon
Basement:
Full Basement, Fully Finished
Roof:
Asphalt Shingles
Exterior Finish:
Siding
Drinking Water: Yes, Heated Garage: No, School Bus: Yes
Occupancy:
Owner, Tenant
Lot Size:
290.97 acre(s)
Topography:
Gently Rolling
Nearest Town:
Shell Lake
Distance to Town:
9
Distance to elementary school:
43
Distance to High School:
43
Other Buildings List:
Barn,Shed,WorkShop
Bush:
Some
Fences:
Some
Garage Size:
24x30
Garage:
2 Car Attached
Date Listed:
Days on Mkt:
  • Photo 1: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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    Driveway
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  • Photo 91: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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  • Photo 92: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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  • Photo 93: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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  • Photo 94: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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  • Photo 95: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046712
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Listed by RE/MAX North Country
Data was last updated August 31, 2026 at 05:35 AM (UTC)

What Land Costs While You Own It

Land is the one property type where the purchase price is almost the whole story — but "almost" still deserves numbers, and that's how Yash starts every land conversation. A parcel's annual holding cost is its property taxes, a liability insurance policy (inexpensive but worth having on land people can access), and whatever upkeep the parcel demands — fence lines, weed control obligations to the municipality, an approach to maintain. On bare land there's also the cost nobody itemizes: your capital earns nothing while it waits. None of this argues against buying land — it argues for buying it with the carrying math done, so the parcel is a plan rather than a standing question on your balance sheet. Rented farmland flips the equation, covering its own taxes and more, which is a different conversation with its own diligence.

The First Parcel

Most of Yash's land clients are buying their first piece: a recreational quarter for hunting and family weekends, a lot near a lake or outside the city to build on someday, or a small acreage holding as a foothold. His investor's checklist scales down to fit: confirm legal access (a parcel you can't reach by registered road or easement is worth a fraction of one you can), check the title for easements and restrictions, verify with the rural municipality what you're permitted to build or park on it, and price the servicing distance — power at the property line and power a mile away are different purchases. Financing is the other early conversation, because lenders treat bare land conservatively and the down payment is typically far heavier than a home's. For working farm purchases, Yash brings in Optimum's farm and land specialist so the agricultural expertise matches the transaction discipline. Ownership rules and price context are in our Saskatchewan farmland values guide.

Land is patient money

The right parcel rewards owners who bought with the holding cost, the access, and the eventual use figured out up front. That's the work Yash does with you before an offer — the same way he evaluates land for himself. Call or text 306-530-0484 to talk through a parcel you're watching.

Land questions Yash hears most

Annually: property taxes, a liability insurance policy, and basic upkeep like weed control and access maintenance — usually modest amounts on bare land, which is part of its appeal as a long hold. The bigger cost is opportunity: money in bare land earns nothing until you build, sell, or rent it, so the parcel should fit a plan, not just a price.

If you'll use it, often yes — rec quarters are one of the most affordable ways to own a meaningful piece of Saskatchewan, and the holding costs are low. Go in knowing the trade-off: the buyer pool is small, so reselling takes patience. Legal access, any lease or use arrangements on the land, and what the municipality permits (a cabin? a camper?) are the make-or-break checks.

It's harder than a home: many lenders cap what they'll lend on raw land, down payment requirements run much higher, and terms are shorter. Buyers commonly use larger cash positions, credit union land programs, or equity from an existing property. Sorting the financing path first is what keeps a land purchase from stalling at conditions — Yash makes it the first box checked.

Compare the price per acre against recent sales of the same kind of land in the same area — farmland to farmland, rec land to rec land, lots to lots — and use the assessed value as a sanity check. Then adjust for the things comps can't show: access, services, water, and what the parcel permits. Yash pulls the comparables and walks the adjustments with you, the same data-first way he prices houses.

Regina houses· Regina condos· Farmland values guide· Acreages near Regina

Yash Patel, REALTOR® with Optimum Realty Inc., Regina

Yash Patel

REALTOR®, Optimum Realty Inc. · Residential & Investment

A rec quarter, a lot to build on, or your first piece of farmland — Yash prices the holding, checks the access, and keeps the plan honest.

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