B.C. is apparently home to Canada’s only commercial olive farm, and it could be yours for the right price.
There are two parcels available featuring a total of nearly 74 acres of land. The farm is located on Salt Spring Island, which the listing calls the largest and most visited area of the Southern Gulf Islands.
According to information from CLHbid, an online agricultural land sale platform, the olive farm offers 36 acres, with the first parcel including the olive grove itself, a creek, a waterfall, hay production and a modern shop with equipment to grind and mill olives.
The auction kicks off in August of this year, and bids start at $2.19 million.
A media release about the farm suggests it could be a lucrative opportunity.
“After years of research showed the only climate in Canada mild and dry enough to support a commercial olive farm was in Salt Spring Island’s Fulford Valley, Sheri Braun and her late husband George Braun looked for years in numerous locations before settling here, planted olive trees and set up a processing facility,” CLHbid says.
Currently, the farm has 750 trees, which produce a “highly-prized extra virgin olive oil.”
CLHbid says the olive oil is used by chefs across the country, and it retails at $625 per litre.
CLHbid
CLHbid
The farm is also reasonably accessible, as it’s located at the base of Mount Maxwell, which CLHbid says is five minutes from Fulford Harbour, “from which BC Ferries makes eight sailings per day to the Swartz Bay ferry terminal near Victoria on Vancouver Island.”
There’s also floatplane access.
The farm is being sold because Braun is heading into retirement. The sale will take place on Aug. 12 during a one-hour bidding period on CLHbid.
“We’re pleased to support Sheri as she looks to turn her dream project over to a new owner,” said Roy Carter, CEO of CLHbid.com, in a statement. “The olive production is increasing annually as the trees mature and the property’s plentiful irrigation and unused land provides additional opportunities to scale-up production.”
We previously covered CLHbid listing a Yellowstone-style ranch to prospective bidders back in 2023.
View this post on Instagram
For more information about the auction, visit the CLHbid site. You can also learn more about the olive farm itself on the official website.