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

$549,900
Farm

Main Photo: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 1: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 2: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 3: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 4: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 5: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
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Photo 41: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 42: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 43: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Photo 44: Rural Address, SpiritwoodRmNo496 SK in Spiritwood Rm No. 496: Farm for sale : MLS®# SK046875
Status:
Active
Prop. Type:
Farm
MLS® Num:
SK046875
Looking for a half section of great pasture land with water and power, or maybe you're looking for some recreation land for hunting, or a spot to build an acreage in a private quiet location? This is your spot! Tucked a couple miles back off a main grid this 302 acre parcel was once a homestead. It has power and water at the yard site and the pasture is currently cross fenced. The seller is selling it as is - Buyer to remove the old buildings (home is not habitable) and verify quality and use any existing installed utilities. The land has been in pasture for about 15 years and was hay before that - "SCIC soil class J". There is a large forest of spruce and aspen to the south end of this half section along with a creek that runs across both quarters. Seller states that the spring runs year around. Permanent water sources for your livestock and a beautiful yard site to build your dream home tucked in the aspens and spruce. 2026 Taxes are $947 - paid to the RM of Spiritwood. This property is eye catching for many reasons - reach out for more information or to book a showing. Please do not go to the property directly as there are cattle grazing - all showing times must be pre-arranged with the listing agent.
North on Rg Rd 3084 4 miles, West on Twp 510 1 mile
Listing Area:
Spiritwood Rm No. 496
Property Type:
Farm
Property Sub Type:
Hay
Parcel Count:
2
Property Offered:
Buildings And Land
School Bus: Yes
Occupancy:
Owner
Lot Size:
302.6 acre(s)
Topography:
Gently Rolling
Sloughs:
Some
Nearest Town:
Shell Lake
Distance to Town:
12
Distance to elementary school:
36
Distance to High School:
36
Other Buildings List:
Other
Bush:
Some
Fences:
Some
Date Listed:
Days on Mkt:
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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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