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

$699,000

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0
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AVAILABLE

Lot

MLS® #10184580

Okanagan Centre is considered one of the hidden jewels of Lake Country and this is a rare opportunity to own a spectacular lakeview lot across the street from Okanagan Lake. Private building site with unobstructed 180 degree views of the Lake. Underground services on site. Development Permit in place, just bring your house plans! 66’ Easement on both the north…
Active

Courtesy Of
Keith Watts Of RE/MAX Kelowna

$12,900,000

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0
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0

ACTIVE

Acreage Waterfront

MLS® #10186943

Stunning 11.8 acres of level waterfront. This development opportunity offers approximately 550’ of Lakefront. Currently zoned Rural Residential 1 (RR1), Lake Country Zoning Bylaws allow for Rural Residential 2 (RR2) with minimum lot areas of 1 hectare (2.471 acres). Potential subdivision to 3 lakefront estate properties (4 with Variance Approval. As a holding property the working orchard currently provides an…
Active

Courtesy Of
Darci Sellers Of RE/MAX Kelowna

$72,000

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0
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ACTIVE

Lot

MLS® #10179957

Proudly marketed by DARCI SELLERS of REMAX Kelowna Get away from it ALL including the Speculation Tax and build your dream retreat on this private and tranquil .41 acre lot. Located in Fintry’s “Valley of the Sun” it's just 35 minutes from Kelowna and 40 mins from Vernon! This lot has a gentle slope with mature trees for privacy with…
Active

Courtesy Of
Gino Dal Ponte Of RE/MAX Kelowna

$130,000

Beds
1
Baths
1

ACTIVE

Apartment

MLS® #10186580

Live up the best of the Okanagan lifestyle at Lake Okanagan Resort! This 1 bed, 1 bath unit is perfect for year-round living or as a vacation getaway with furniture included. Take in the unobstructed breathtaking view of Lake Okanagan and the surrounding mountains from your walk-out balcony. The kitchen is equipped with all the necessities, with access to a…
Active

Courtesy Of
Naze Khajavi Of RE/MAX Kelowna

$995,000

Beds
2
Baths
1

ACTIVE

Single Family

MLS® #10181684

One of the most hidden secrets in BC, well equipped 2 bdr, + loft cabin on Mable Lake with Peaceful and tranquil setting. This beautiful lakefront retrieve is perfect for your summer use or year around rural lifestyle. The lake has not been disturbed and it is one of the most amazing lakes for swimming and all water sports. only…
Active

Courtesy Of
Dean Muscardin Of RE/MAX Kelowna

$324,900

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10182750

THIS IS A GOOD ONE!!! 1080 sqft of south and east facing apartment condo. Two large bedrooms, [ask for the floor plans], Emerald Point is unique in its location. Beside the 20 acre Beasley and Reiswig waterfront parks. And less than a 5 minute walk to the beaches of Wood Lake. Shopping, Pubs, Gas, soccer fields, tennis courts, the new…
Active

Courtesy Of
Kevin Philippot Of RE/MAX Kelowna

$189,000

Beds
1
Baths
1

ACTIVE

Rec'l - w/ Imp

MLS® #10181741

Waterfront Resort Property for under $200K! Own your own piece of Okanagan Lake waterfront with this cozy 1 bedroom unit at Davis Cove Resort in beautiful Peachland, B.C. Use of the unit and an ownership interest in the Resort!
Active

Courtesy Of
Gino Dal Ponte Of RE/MAX Kelowna

$354,000

Beds
0
Baths
0

ACTIVE

Lot

MLS® #10175713

BUILD YOU CONTEMPORARY DREAM HOME with panoramic views of Okanagan Lake, Wilson Landing and the mountains at Kelowna’s up-and-coming, health and wellness inspired, waterfront community: McKinley Beach. This lot is walking distance to the private McKinkley Beach Marina with 1 kilometre of beachfront with 6 fire pits, and near McKinley Mountain Park with over 20 kilometres of hiking and biking…
Active

Courtesy Of
Keith Watts Of RE/MAX Kelowna

$18,900,000

Beds
0
Baths
0

ACTIVE

Acreage Waterfront

MLS® #10186692

Stunning 18.5 acre waterfront development opportunity offering approximately 1825’ of Lakefront. Currently zoned Rural Residential 1 (RR1), Lake Country Zoning Bylaws allow for Rural Residential 2 (RR2) with minimum lot areas of 1 hectare (2.471 acres). Potential subdivision to 7 lakefront estate properties. As a holding property the working orchard currently provides an attractive “property tax” structure. Located in Carrs…
Active

Courtesy Of
Annette Denk Of RE/MAX Kelowna

$2,188,000

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0
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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
Julie Rowat Of RE/MAX Kelowna

$240,000

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10186548

The Colonial is a conveniently located 55+ condo building within walking distance to waterfront, hospital, shopping, restaurants. This beautiful 929 sq ft condo suite has laminate throughout. It has 2 bedrooms, 4 piece ensuite & 1/2 bathroom perfect for guests. The galley kitchen has oak cabinets, new countertops, dishwasher, fridge, stove. There's ample room in the dining area for larger…
Active

Courtesy Of
Art Bidlevskii Of RE/MAX Kelowna

$439,900

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10182589

Top floor modern concept 2 bedroom 2 bathroom Condo located in the heart of Kelowna. This new, open concept condo is equipped with upgrades, is over looking the new 5-acre park and is pet friendly! Includes 1 secured underground parking stall. Central Green is a certified LEED building with low strata fees located just steps away from the city’s downtown…
Active

Courtesy Of
Christopher Ward Of RE/MAX Kelowna

$2,199,999

Beds
4
Baths
4

ACTIVE

Single Family

MLS® #10186424

Marketed by Chris Ward with Quincy Vrecko and Associates, RE/MAX Kelowna. This custom built waterfront home is a rancher with walk-out basement boasting 4 bedrooms plus den and 4 bathrooms. The modern open concept living area features high ceilings and large windows to enjoy the lake view! Sit at the bar height kitchen island when entertaining. The white cabinets are…
Active

Courtesy Of
Richard Arcand Of RE/MAX Kelowna

$2,500,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10186119

Proudly Marketed by RE/MAX Kelowna. This is a massive waterfront property located on Okanagan Lake. 1.03 acres with 275 feet of water frontage, this property is a rare find with great potential. Secluded and quiet location with amazing lake views. Please contact Richard Arcand to arrange a viewing. 250.212.1228
Active

Courtesy Of
Richard Arcand Of RE/MAX Kelowna

$2,500,000

Beds
5
Baths
3

ACTIVE

Single Family

MLS® #10186118

Proudly Marketed by RE/MAX Kelowna. This is a massive waterfront property located on Okanagan Lake. 1.03 acres with 275 feet of water frontage, this property is a rare find with great potential. Secluded and quiet location with amazing lake views. Please contact Richard Arcand to arrange a viewing. 250.212.1228