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Renanza Realty
For sale

5005 LAKESHORE Drive Unit# 111

Osoyoos, British Columbia

MLS® 10392344

$1,499,000

Status
Active
Property type
House
MLS® number
10392344
Bedrooms
4
Bathrooms
3
Year built
1970

Listing description

Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq.

ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views.

The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity.

Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living.

Property summary

MLS® number
10392344
Property type
Single Family
Building type
House
Square footage
9,421 sq ft
Title
Condo/Strata
Land size
0.27 acres
Built in
1970
Annual property taxes
$3,189.88
Parking
6 spaces · Attached Garage
Days on market
82 days

Features & details

Heating
Forced air, Electric, See remarks
Cooling
Central air conditioning
Basement
Full
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer
Exterior features
Stucco
Lot features
Level lot, See remarks, Balcony, Three Balconies
Community features
Family Oriented, Pets Allowed
View
Lake view, Mountain view
Architectural style
Ranch
Strata fee
$218.56 / Monthly

What would this home cost you?

Based on the $1,499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,975 /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 RE/MAX Realty Solutions, Osoyoos.

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.