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

$757,000

Beds
0
Baths
0

AVAILABLE

Lot

MLS® #10154734

A rare opportunity to own a spectacular view lot across the street from Okanagan Lake. Private building site with unobstructed 180 degree views of the Lake. Waterfront without the taxes! Opportunity to develop your own private estate. 15 minutes to Kelowna International Airport, world class golf at Predator Ridge and amazing health treatments at Sparkling Hills Resort and Spa. This…
Available

Courtesy Of
Keith Watts Of RE/MAX Kelowna

$1,550,000

Beds
3
Baths
2

AVAILABLE

Single Family

MLS® #10146092

RARE FIND! Nestled on 95’ of GENTLY SLOPING lakeshore in the private community of Coral Beach you’ll find A quaint 3 bedroom, 2 bath beachfront home. This is an ideal family getaway or build your dream home. "Special value here as using the existing footprint of this home for a renovation will allow for closer proximity to to the lake…
Available

Courtesy Of
Keith Watts Of RE/MAX Kelowna

$6,695,000

Beds
4
Baths
8

AVAILABLE

Single Family

MLS® #10143775

Custom Classic Waterfront Residence with 156� of Okanagan lakeshore on .89 acre. Architecture by Oasis Design and built by Fawdry Homes this private retreat has been designed to capture the breathtaking lake & mountain views. Beautifully manicured grounds, outdoor water feature, premier lakeside entertainment areas, dock, boat lift & dual personal watercraft lifts, deep moorage & your own marine fuelling…
Active

Courtesy Of
Kelly Vincent Of RE/MAX Kelowna

$369,900

Beds
2
Baths
2

ACTIVE

Single Family

MLS® #10163724

Excellent value for retirement living in Sunrise Village. Desirable "C" plan with large sunroom with beautiful garden views. Immaculate 2 bed, 2 bath rancher. Formal living/dining w/gas f/p, King size master w/ensuite. Large kitchen w/lots of cupboards and cozy nook. Spacious double garage and driveway parking. Upgrades include roof, siding, furnace, hot water tank, phantom screen doors, u/g irrigation, light…
Active

Courtesy Of
Shannon Stone Of RE/MAX Kelowna

$959,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10154369

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

$825,000

Beds
2
Baths
2

ACTIVE

Townhouse

MLS® #10156102

The Stone Sisters of Re/Max Kelowna are proud to present: 116-1128 Sunset Drive. The True Okanagan dream at amenity rich Sunset Waterfront Resort. This is THE townhome, open your patio to the Lake and live seconds from sandy beach! Stunning 2 bedroom + den residence featuring an open concept floorplan and steps from the Lake. Kitchen is tasteful with an…
Active

Courtesy Of
Robert Conkin Of RE/MAX Kelowna

$969,000

Beds
3
Baths
2

ACTIVE

Apartment

MLS® #10163265

Live...Work...Play in the heart of downtown ! Or take advantage of a wonderful REVENUE STREAM with short term rental capability...Exceptional LAKE & BRIDGE VIEWS from the wonderfully bright & open configuration ...THREE bedroom & TWO bath luxury condo...Waterfront Resort offers both indoor & outdoor POOLS & Hot Tubs, Steam Room, Fitness Centre, Tennis Courts & Boat slips...Just steps to BEACHES...Boutiques...Restaurants…
Active

Courtesy Of
Gino Dal Ponte Of RE/MAX Kelowna

$324,900

Beds
0
Baths
0

ACTIVE

Lot

MLS® #10159556

WELCOME TO MCKINLEY BEACH an up-and-coming waterfront neighbourhood where community meets nature. This 0.139 acre lot is a walk up grade level entry lot and is positioned to take in partial lake and mountain views, but is still within walking distance to the private marina and 1 kilometre of beachfront with 6 fire pits, and is near McKinley Mountain Park…
Active

Courtesy Of
Gino Dal Ponte Of RE/MAX Kelowna

$399,900

Beds
0
Baths
0

ACTIVE

Lot

MLS® #10159449

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
Irene Gasser Of RE/MAX Kelowna

$870,900

Beds
2
Baths
3

ACTIVE

Apartment

MLS® #10155115

WATERFRONT condo w/mesmerizing city/lake views. Spectacular floor plan 1920 sq. ft. 2 lg bdrm +den. 2 1/2 baths. Loft area (could easily be 3 Bdrm) Soaring vaulted ceilings ,tons of natural light, views from every room. This unit can also be a turn-key investment (daily, weekly, monthly, rentals allowed) or you simply want an somewhere amazing to call home.5 star…
Active

Courtesy Of
Quincy Vrecko Of RE/MAX Kelowna

$5,549,000

Beds
4
Baths
5

ACTIVE

Single Family

MLS® #10155009

Presented by Quincy Vrecko, RE/MAX Kelowna's #1 Luxury Agent. An architectural masterpiece perched above the waters of Lake Okanagan. This spectacular waterfront estate is one of a kind and is complemented by amazing interior design. Extensive planning went into the creation of this spectacular property that features 4990 sq ft of indoor living space with an additional 2000 sq ft…
Active

Courtesy Of
Jerry Geen Of RE/MAX Kelowna

$339,900

Beds
0
Baths
0

ACTIVE

Lot

MLS® #10155502

Lake views and some of natures finest scenery in every direction from this private lot backing onto wide open green space with Okanagan Lake below. One of the choice lots in Lakestone’s Benchlands neighbourhood, you never have to worry about neighbours in your backyard. Build your dream home here in one of the Okanagan’s best playgrounds! As a homeowner here…
Active

Courtesy Of
Colin Krieg Of RE/MAX Kelowna

$998,800

Beds
3
Baths
3

ACTIVE

Townhouse

MLS® #10158102

MUST BE SOLD! Enter this completely UPDATED 3bed+3bath townhome (estimated $200,000 reno) at the Lagoons via board walk access OR underground parking. The open concept main floor allows you to go from the 8x6 WET BAR right into the living room with gas fireplace to the dining room which has sliding glass doors right out to the patio making summer…
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
Christopher Hyde Of RE/MAX Kelowna

$289,900

Beds
1
Baths
1

ACTIVE

Apartment

MLS® #10150714

sought after views of Osoyoos Lake. This Open-Concept Floor Plan features a clever and stylish designed kitchen with granite counter-tops and stainless steel appliances. The Living Area offers over-sized windows providing plenty of natural light and great views and walkout to your private balcony. Treat yourself to the Property's Onsite Amenities such as the 24 Hour Concierge, Feature Day Spa,…