Property Description
Incredible Investment Opportunity – $676,000 Below Assessed Value! This stunning 2.85-acre property offers unmatched panoramic views of Okanagan Lake and is priced to sell. Located in the desirable community of Peachland, the land is designated as “Medium Density Residential (RM4)” in the future Official Community Plan (OCP), opening the door for exciting development potential. At the heart of the property is a beautifully maintained 2,450 sq ft main home, featuring 3 bedrooms and 3 bathrooms, complemented by a charming carriage house—ideal for guests, rental income, or extended family (currently rented for $800 per month). Situated along Princeton Ave, a key active transportation corridor, this location offers the perfect balance of tranquility and accessibility. Whether you're looking for a prime holding property or your dream lakeview residence, this one checks all the boxes. Key Highlights: Priced $676,000 below assessed value, 2.85 acres with development potential (RM4 future designation), Spectacular lake views, Spacious 3 bed / 3 bath main home + carriage house, Future growth corridor along Princeton Ave. Don’t miss this rare opportunity—properties like this rarely come to market at such exceptional value. (id:6770)
Overview
Price
$
1,595,000
MLS #
10389543
Age
1975
Size
2450 sqft
Lot Size
2.84
acres
Bedrooms
3
Bathrooms
3
Cooling
Central air conditioning
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Single Family
Stories
2
Listing Office
The Agency Kelowna
Basement
3pc Bathroom
5'8'' x 9'3''
Storage
10'10'' x 49'9''
Family room
15'4'' x 27'11''
Bedroom
9'9'' x 13'11''
Main level
Laundry room
7'3'' x 10'7''
Sunroom
9'7'' x 17'4''
4pc Bathroom
Measurements not available
Kitchen
11'9'' x 14'5''
Living room
12'2'' x 16'8''
Den
6'8'' x 8'
3pc Bathroom
Measurements not available
Bedroom
10'8'' x 11'0''
Dining room
7'9'' x 10'
Primary Bedroom
13'11'' x 14'10''
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