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Renanza Realty
For sale

3498 Drought Road

Peachland, British Columbia

MLS® 10403021

$1,495,000

Status
Active
Property type
House
MLS® number
10403021
Bedrooms
1
Bathrooms
1
Year built
1981

Listing description

An extraordinary 1. 4-acre waterfront property offering an impressive 407 feet of shoreline along the crystal-clear waters of Okanagan Lake. A rare opportunity to secure a substantial stretch of waterfront in one of Peachland's most picturesque settings, with sweeping panoramic lake views, beautiful turquoise water & a spectacular natural landscape.

The property's elevated position captures breathtaking views across the lake & surrounding mountains, while mature trees, natural rock formations & established greenery create a sense of privacy & tranquility. With its generous acreage & remarkable waterfront frontage, the possibilities for creating a custom lakeside estate are truly exceptional. Envision expansive windows framing the water, beautiful outdoor entertaining spaces & a thoughtfully designed residence that embraces the natural surroundings.

The existing home is in poor condition & presents an opportunity for redevelopment or potentially extensive renovation, subject to professional assessment & necessary approvals. Just minutes from the heart of Peachland, enjoy convenient access to waterfront dining, shopping, wineries & recreation, while remaining within easy reach of West Kelowna. A remarkable opportunity to create a legacy waterfront property in an unforgettable Okanagan setting.

Buyers to verify all renovation & development possibilities. This property is one of four individual listings available for purchase together as a rare land assembly, offering an exceptional opportunity to create a significant waterfront estate on Okanagan Lake. (3520 Drought, 3560 Drought, 3498 Drought & 5181 Robinson).

Property summary

MLS® number
10403021
Property type
Single Family
Building type
House
Title
Freehold
Land size
1.42 acres
Built in
1981
Annual property taxes
$9,943.00
Parking
Surfaced
Days on market
3 days

Features & details

Heating
No heat
Waterfront
Waterfront on lake
Architectural style
Other

What would this home cost you?

Based on the $1,495,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,956 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Kelowna - Stone Sisters, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.