Historic
1910 Oroville Lodging House, 4 Beds, B&B History — $135,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 8 | 1910 named historic lodging house, 2400 sqft, 4BR/2BA, ADU potential, B&B-ready concept |
| Condition | 25% | 4 | Partial remodel — upgraded electrical, new sheetrock — but "significant work" still required |
| Price / Sq Ft | 15% | 10 | $56/sqft listing vs $196/sqft zip median; 71% below — strong signal even with 8 thin comps |
| Price vs. Market | 5% | 10 | $135K vs $335K zip median — 60% below; zip median likely skewed by rural/acreage sales |
| Market Conditions | 5% | 8 | DOM 82 median vs 70 listed; sale-to-list 92.5%, 34.4% price drops — clear buyer's market |
This house has a name and a past. Built in 1910 as the Osoyoos Lodging House and later known as the Victoria Rooming House, it spent its early decades housing travelers passing through a border town four miles from Canada. At 2,400 square feet with four bedrooms and two baths, the bones of that original purpose are still visible in the layout, which is exactly why the B&B idea keeps coming up. The rooms are there. The scale is there. Whether that's the direction you'd take it is your call, but the building already has the structure for it.
The price is $135,000. At $56 per square foot, that's 71% below the zip code's median price per square foot. Even accounting for how rural and acreage sales can skew those comps upward, that gap is wide enough to matter. You're getting a lot of house for the number.
What you're also getting is a project. The electrical has been upgraded and new sheetrock is in, which puts it ahead of a completely untouched renovation, but the listing describes significant work still required to complete the remodel. That phrase is doing a lot of work. This is a house that asks something of you before it gives you what it's capable of. If you're a contractor, a serious DIYer, or someone who can manage a renovation without living inside it, the math here rewards that patience considerably. If you need move-in ready, this is not your house.
There's a secondary structure in the back with an old accessory dwelling unit that may be salvageable. That's an additional variable, but also an additional possibility, whether for rental income, a workspace, or guest quarters if you go the B&B route.
Oroville sits near Osoyoos Lake and close to the Canadian border, with hiking, fishing, and cross-border access nearby. The town itself is small. The market here has seen price drops on about a third of listings and an average of 82 days on market, which tells you buyers have options and are taking their time. At $135,000 for 2,400 square feet of 1910 history with a clear path to something worthwhile, this one has room to reward the right person.
