- What The valuation for the boutique property works out to $5.4m/room
- Why Much of the property is zoned for residential development
- What next Marketing is targeting private owners, adventure tourism operators and developers
A boutique wilderness resort in British Columbia is being shopped for $21.5m.
Little Wolf Resort, in Terrace, has just four suites in a log structure, putting the per-room valuation at nearly $5.4m. Sotheby’s has the assignment on behalf of the von der Burg family. The 130-acre property was developed by Dr. Wolfgang von der Burg in 2017.
The marketing campaign is targeting private owners, adventure tourism operators and developers. Ten acres have been rezoned for commercial uses, including 20 recreational vehicle sites, and the remaining 120 acres are zoned R1, allowing for residential development.
Little Wolf Resort, at 17727 Highway 16 East, is 25 km from the center of Terrace and on the edge of the Great Bear Rainforest. It’s on the shores of the Skeena River, making it a draw for trophy salmon and steelhead fishing.
The resort offers whale watching, fishing and helicopter tours through operating partners. Amenities include a restaurant, a bar and a helicopter landing field. A caretaker’s cabin is on the property as well.
The property was recognized as the Best Wilderness Hotel in Canada 2024 by Corporate Vision Magazine’s Canadian Business Awards and was featured on an episode of Timber Kings.
Terrace is 113 km from Prince Rupert and 700 km from Vancouver.
