Sean Phillips, REALTOR® · Coldwell Banker Executives Realty · Vernon, BC
Vernon Waterfront Homes
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$1,950,000

1348 Cedar Street, Okanagan Falls

Okanagan Falls, Okanagan Falls, BC V0H1R0

Lot / land

Listed by eXp Realty

Waterfront at a glance

  • Lake: Okanagan River
  • Type: Lot / land
  • No dock mentioned.

Shoreline details are Sean's reading of the listing description and photos. Useful reading: riparian rules, docks & moorage, waterfront inspection checklist.

About this property

Prime 3.92-acre development opportunity in the heart of Ok Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this strategically located parcel offers excellent potential for future multi-family residential development in a growing South Okanagan community. Surrounded by established strata developments and residential neighbourhoods, the property benefits from a proven development pattern and strong compatibility with surrounding land uses. The largely level site stretches from Cedar Street to the Okanagan River, providing an efficient configuration for planning, access, and future development design. With services nearby and residential growth already established in the immediate area, this property presents a compelling opportunity for developers, builders, and investors seeking their next project. The size and layout of the parcel may also support a phased development approach, offering flexibility throughout the planning and construction process. An existing 1,250 sq. ft. home is situated on the property and may provide interim holding income while development plans are explored. Ideally located at the south end of Skaha Lake, Okanagan Falls continues to attract residents seeking a more attainable lifestyle within the South Okanagan, just minutes from Penticton, wineries, beaches, recreation, and amenities. Buyer to conduct their own due diligence regarding development potential, servicing capacity, zoning, and municipal requirements. (id:67417)

Property details

Price
$1,950,000
MLS® number
10392161
Property type
Lot / land · Other · Vacant Land
Ownership
Freehold
Lot size
3.92 acres · 3.92
Annual taxes
$3,780
Community
Okanagan Falls, Okanagan Falls

Features

Waterfront
Waterfront on river
Community
Family Oriented
Lot
Level lot
Water
Private Utility
Sewer
Municipal sewage system
Utilities
Water, Sewer, Electricity, Cable, Telephone

View on map

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Listing information is provided by eXp Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.

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