About this home
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).
Highlights & things to check
Highlights
- Per the listing, the property has 407 feet of shoreline on Okanagan Lake, and the lake is 60 m away.
- The 1.42-acre lot sits in an elevated position with lake and mountain views, per the listing.
- Per the listing, this lot is one of four properties offered together as a land assembly.
- Peachland town centre is 2.5 km away and Peachland Elementary School is 2.6 km away, straight-line.
Things to check
- The listing shows no heat. Ask what heating, if any, the home has and what it is connected to.
- The listing shows no water supply and no sewage system. Ask how water is supplied and how sewage is handled.
- Kelowna General Hospital is 16.4 km away, straight-line. Check the drive time to reach it.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 3498 Drought Road
Neighbourhood scores
8.2 / 10Walk & bike score: 2.9 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Room sizes
Main level · 4 rooms
- Full bathroom' x '
- Living room' x '
- Primary Bedroom' x '
- Kitchen' x '
Property details
- Price
- $1,495,000
- MLS® number
- 10403021
- Property type
- Single-family home · House · Single Family
- Ownership
- Freehold
- Bedrooms
- 1
- Bathrooms
- 1
- Lot size
- 1.42 acres · 1.42
- Year built
- 1981
- Storeys
- 1
- Annual taxes
- $9,943
- Community
- Peachland, Peachland
Features
- Style
- Other
- Heating
- No heat
- Parking
- Surfaced
- Waterfront
- Waterfront on lake
- Water
- None
- Sewer
- No sewage system
Listing information is provided by REMAX Kelowna - Stone Sisters through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-15.
