Finding waterfront property for sale in Kelowna can be challenging without proper real estate representation. There are limited lakeside homes available for sale in Kelowna and the most reasonably priced waterfront properties tend to be snapped up very quickly. Once you have decided that Kelowna waterfront is where you want to be, it’s best to get prepared for your next move as early as possible. I have a few tips on what you can do in advance to prepare for writing a deal to secure your spot along the shores of Okanagan Lake.

Narrow your search

Okanagan Lake is 135 km long, between 4 and 5 km wide, and has a surface area of 348 km2. Translation? It’s huge! Which means there are quite a few prime pieces of lakeside property out there to be had – for those with patience. The problem is these sought after parcels don’t come up for sale nearly as often as lakeview or other property types in Kelowna.

Generally speaking, once people make it to the lakeside, they don’t have the itch to sell as quickly. This is why I suggest you narrow your waterfront property search to at least three preferred areas of Kelowna. If you’re a local Kelowna resident this might be easy for you to do, if you’re buying real estate in Kelowna from Calgary, Vancouver or from abroad this might prove more difficult, which is why having a local real estate guide can be an immense benefit during your lakeshore property search.

The best advice when searching for lakefront homes for sale in Kelowna is to consider your budget first. The more central you are to downtown Kelowna the more the price tags tend to rise for beachfront living. Sandier beaches and proximity to amenities tend to drive lakeshore property costs up. The further out you go to the north (Poplar Point, Sheerwater, Clifton, McKinley) and south (Bertram) the more likely you are to see the prices decline slightly. While you will find some neighbourhoods never fluctuate other than to continually rise (Sheerwater, Fuller Road) there are some where deals can still be found. Crossing over the bridge to West Kelowna (Gellatly, Bear Creek, Fintry) to search for lakeside property for sale can see these exceptions. Typically you will be able to pick up more house for less money across the lake and further north.

Other things to consider aside from price when you are looking at lakeside communities in Kelowna are the shore type, the distance to amenities and your own lifestyle preferences.

There are many areas of Kelowna that have lakeshore properties for sale with sandy flat beaches where you can walk right out your door and into the lake (Abbott Street, Lower Mission). To the north you will discover rockier shores and steeper terrain, but the trade off is generally quieter neighbourhoods, newer homes and beautiful elevated views. Many homes north of Highway 97 have made access to the lake easy with stairs, trams and boathouses that make for easier entertaining during the summer months.

Another thing to consider when choosing your Kelowna lakeside neighbourhood is sun exposure. There are some areas that get shade earlier in the day such as the neighbourhoods across the lake in Fintry and Bear Creek. Areas like the Lower Mission and McKinley Landing get a little extra sun exposure during the summer. If sun is a concern you might want to visit the areas at different times of the day to see what your preference is. Many people move into a home for the natural light only to close the blinds all summer long because they’re getting too much sun! Other people buy something out in Fintry only to be in the shade on their dock from 3pm onwards.


Have a backup plan

Having a backup plan is always a good idea especially when you are hunting for lakeside real estate in Kelowna. You’re likely to get a few things on your wish list, but getting everything on your list can be a challenge in this demanding market.

Once you’ve narrowed down your top three lakeside neighbourhoods the next thing to do is to dial in your property type and home style preferences.

Do you want move in ready? Are you ready to roll up your sleeves and undertake a major renovation? Do you want a traditional home or are you interested in creating something modern? Do you want big views with lake access? Are you worried about stairs? Will you enjoy being in a strata development or are you looking for something private and estate like? Pay attention to these questions as your answers will help you to further dial in your scope of search when finding the right waterfront property for sale in Kelowna.

There are a lot of older lakeshore homes that have never been renovated and have been in Kelowna families for generations. When these lakeside properties come available you need to be ready to make an offer and then likely prepared to extensively renovate next. Be prepared that you will have a number of waterfront renovation restrictions coming at you from the City of Kelowna and in some neighborhoods heritage restrictions may also come into play. It’s best to check into zoning ahead of your offer, especially if you are looking in the downtown area to build or renovate your waterfront dream home.


Set a budget

Setting a budget is a part of every real estate hunters process, but when it comes to finding lakeshore homes in Kelowna for sale it’s imperative that you have this step squared away as early as possible with some contingency in mind.

Depending on how precise you are with your lakeside search criteria will determine the budget you should have set aside. If you know you want a fixer upper and aren’t terribly concerned with the area then you might have some room to move when attaining a waterfront parcel in a great Kelowna locale. If you have specific neighbourhoods, streets and property styles picked out then you could be faced with less flexibility in your budget due to competition and inventory.

Keep an open mind, but don’t stray too far from your wish list. You don’t want to be left facing an unplanned renovation with nothing left in your contingency because you blew the budget to get on your dream lakeside street. Be patient, but also remain flexible, sometimes compromising the house style for the neighbourhood that suits you best is worth it in the long run, but you must be realistic with your families lifestyle requirements. It won’t make much sense to live in a lakeside townhome on your favorite street if it only has 2 bedrooms and you have 5 kids and 3 large dogs.


Get informed

I touched on this above, but living on the waterfront in Kelowna can mean that you’re subject to more stringent building codes. You should be informed of this and other costs that arise from waterfront property ownership in Kelowna.

Higher property taxes are a given. If you can afford the initial price tag and the costs of renovating, then you shouldn’t be too worried about the tens of thousands you will be required to pay on an annual basis to the City of Kelowna. Living on the lake in Kelowna is considered the most prestigious address in the city and with that privilege, unfortunately also comes the highest property taxes.

You will also be subject to more weather. More wind, more water and more chances of flooding depending on your lakeshore location. Prepare to sandbag in the spring if there is flooding and prepare for pumping out water in some areas with low water table. If you are renovating you could also be subject to additional environmental permits and studies especially if you are building from scratch.

If you are searching for prime real estate for sale along the shores of Kelowna’s Okanagan Lake and you have done your research then finding your perfect lakeside home with the right real estate agent should be as easy as an Okanagan summer breeze.

If you’ve been looking forever and still haven’t found what you’re looking for, then give me a call and let’s discuss your wishes, wants and needs and fast track your waterfront property search.

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Waterfront and Lakeside Listings

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Available

Courtesy Of
Keith Watts Of RE/MAX Kelowna

$2,375,000

Beds
0
Baths
0

AVAILABLE

Land

MLS® #10164532

Semi Waterfront Development Opportunity located near the newly constructed Okanagan Rail Trail. Access from both Oyama & Willett Rd. It is estimated that the rail trail will receive 148,000 walking trips and 309,095 cycling trips per year. Economists project that an additional 107,400 visitors will be attracted to the Okanagan each year specifically to use the trail, representing an additional$6.7…
Active

Courtesy Of
Dean Muscardin Of RE/MAX Kelowna

$374,900

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10172206

EMERALD POINT!! Fantastic and hard to find TOP floor suite. Listed with ReMax Kelowna. Views to the east for wonderful morning sun. This two bed, two bath, balcony suite is gently used and ready for a new owner. Emerald Point is next to the 20 acre Reiswig and Beasley Waterfront parks. A 20 minute city bus ride or a 15…
Active

Courtesy Of
Annette Denk Of RE/MAX Kelowna

$2,188,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10146332

SPECTACULAR 150 FT. WATERFRONT LOT in desirable Lake Country, fabulous views overlooking the lake, enjoy sunshine all day with this great south/west exposure, build your dream home, 5 mins to shopping & fitness, close to 6 wineries, golf courses, restaurants, hiking and 50 mins to Silver Star Mountain for winter skiing. Enjoy the great outdoor lifestyle, yet close to everything.…
Active

Courtesy Of
Jason Clarke Of RE/MAX Kelowna

$449,000

Beds
3
Baths
2

ACTIVE

Single Family

MLS® #10172087

OPEN HOUSE FRIDAY NOV. 30 FROM 2:30-4:30! Join us before Summerland's Christmas Light Up! SEARCH KELOWNA REAL ESTATE TEAM PROUDLY PRESENTS: Single Level Living! Perfect for downsizing, families or empty nesters. Easy commute to Penticton or West Kelowna. Summerland offers that small town, community feel so many desire! Beautiful waterfront park just down the hill and outdoorsy activities just above.…
Active

Courtesy Of
Rick Hamer-Jackson Of RE/MAX Kelowna

$239,000

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10172269

TEAM HAMER-JACKSON PRESENTS "The Waterlily suite" at Idabel Lake....an Affordable WATERFRONT OPPORTUNITY! The only level walk in walk out unit in the Lodge.(no stairs) 2 bedrooms 2 bathrooms well cared for PRIVATE END unit right on the lake with access to your own private dock!! Has relaxing long covered patio just steps to the lake and cozy propane fireplace to…
Active

Courtesy Of
Chris Docksteader Of RE/MAX Kelowna

$2,250,000

Beds
4
Baths
3

ACTIVE

Single Family w/Acre

MLS® #10155637

Rural lakeshore acreage. Custom built walkout rancher with over 3800 sq.ft, 4 bedrooms, and 3 baths. Open concept design with lots of windows to take advantage of the spectacular views of Okanagan Lake. Main floor master, formal dining room, great room, breakfast nook and island kitchen. Lower level complete with games room and access to large covered patio. Situated on…
Active

Courtesy Of
Lorne McBratney Of RE/MAX Kelowna

$2,750,000

Beds
0
Baths
0

ACTIVE

Business Opportunity

MLS® #10163257

WATERFRONT INVESTMENT OPPORTUNITY - 0.86 acres of flat waterfront property on Wood Lake in Lake Country. With over 400 Feet of waterfront ! There is a stand alone 3 bedroom single level home with over 1800 square feet of living space, and a detached single level Motel with five separate units all currently occupied with tenants. There is a boat…
Active

Courtesy Of
Scott Marshall Of RE/MAX Kelowna

$1,875,000

Beds
6
Baths
5

ACTIVE

Single Family

MLS® #10168045

Incredible 1.038 acre estate located in the heart of the prestigious Carrs Landing area of Lake Country. Custom-built 4 bedroom home, boasting 4324 square feet of extensively renovated living space. Gorgeous pool area complete w/ stunning lake views, hot-tub deck, and a pond water-feature. Ground-floor master suite w/ a large 5-piece ensuite and 2-way gas fireplace. Large office/den & 2…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$2,498,000

Beds
5
Baths
3

ACTIVE

Single Family w/Acre

MLS® #10166801

The Stone Sisters Group of RE/MAX Kelowna are proud to present 405 Roepel Road. Like no other, this cherished 1.77 acre lake shore property is exquisite. Remarkably located on a quiet street with panoramic views and over 200 feet of beach front. The charming homestead is warm and inviting with so much history to appreciate. The kitchen is delightful and…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$2,649,000

Beds
4
Baths
4

ACTIVE

Single Family

MLS® #10168288

The Stone Sisters of RE/MAX Kelowna are proud to present 5272 Lakeshore Road. The definition of Okanagan lifestyle. This rare and private, flush property features over 140 feet of stunning level waterfront with multiple outdoor spaces to enjoy with gorgeous landscaping, stone + concrete work including a brand new fully licensed dock and boat lift. Authentic and timeless meets fresh…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$2,598,000

Beds
6
Baths
3

ACTIVE

Single Family w/Acre

MLS® #10165186

The Stone Sisters Group of RE/MAX Kelowna proudly presents 5040 Lakeshore Road. Tremendous value! 2 acres with over 200 feet of crystal clear waterfront on Okanagan Lake. Magnificent views and unheard of privacy. Legal dock. Endless possibilities for this prime location and property. An ideal build lot or enjoy the 6 bedroom, 3 bathroom home on the property. Visit stonesisters.com…
Active

Courtesy Of
Paul Neufeld Of RE/MAX Kelowna

$3,690,000

Beds
3
Baths
4

ACTIVE

Single Family

MLS® #10167725

Sprawling waterfront rancher with 100 ft of sandy beach on the prestigious Pritchard Drive. Almost 1/2 an acre level lot including an inground pool and offering complete privacy. Substantially & elegantly renovated throughout including a brand new kitchen with quartz counter-tops, built-in espresso machine & a wet bar w/ custom wine fridge. Home features 3 bedrooms, solarium office, plus there's…
Active

Courtesy Of
Chris Docksteader Of RE/MAX Kelowna

$1,899,900

Beds
5
Baths
6

ACTIVE

Single Family

MLS® #10172494

Is there something better than waterfront??? How about waterfront without the taxes!!! This spectacular 5 bedroom 5 1/2 bathroom home is just a few feet away from the lakeshore and underwent extensive renovations in 2009. The chef's kitchen, vaulted ceilings, cozy fireplace, huge windows looking out to the lake, licensed b&b/guest suites and oversized garage are just a small sample…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$949,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10169861

The Stone Sisters of Re/Max Kelowna are proud to present 1542 Granite Road; a remarkable waterfront lot with stunning panoramic and unobstructed views. Live on the waters edge in the impressive community of Lakestone. Feel free to bring your own builder or select from a variety of Lakestone recommended builders. No time limit to build on this lot. Boat slip…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$2,828,000

Beds
5
Baths
4

ACTIVE

Single Family

MLS® #10167417

Phenomenal, lakeshore residence with an infinite view you’ll have to see to believe. An exclusive property nestled amongst nature and perfectly positioned for maximum privacy. This immaculately maintained custom home is a masterpiece of design and craftsmanship with an open concept main living space, soaring ceilings and nano-doors creating the ultimate haven. The gourmet kitchen hosts two islands and is…