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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Courtesy Of
Kent Jorgenson Of RE/MAX Kelowna

$349,000

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10164177

2 bedroom 2 bath top floor lake view unit located in Lakeside Estates of Mabel Lake. One of the best locations in the complex with breathtaking lake views and a sunny southern exposure. Unit features include 1210 finished square feet, 9 ft ceilings, heated tile floors, fireplace, A/C, granite counter tops, jetted tub, stainless steel appliance package and front and…
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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…
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Courtesy Of
Steve Kirk Of RE/MAX Kelowna

$2,500,000

Beds
2
Baths
2

ACTIVE

Single Family w/Acre

MLS® #10139306

The last acreage on the water and it's NOT ALR! This fantastic 2.933 acre waterfront property is beautifully setup for horses but holds huge potential for redevelopment. Buy a little piece of heaven or design a new plan, build some dream homes and create a luxury lake side development with views from every lot. Nice flat location at the top…
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Courtesy Of
Steve Kirk Of RE/MAX Kelowna

$2,500,000

Beds
0
Baths
0

ACTIVE

Acreage Waterfront

MLS® #10139238

The last acreage on the water and it's NOT ALR! This fantastic 2.933 acre waterfront property is beautifully setup for horses but holds huge potential for redevelopment. Buy a little piece of heaven or design a new plan, build some dream homes and create a luxury lake side development with views from every lot. Nice flat location at the top…
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Courtesy Of
Ange Thicke Of RE/MAX Kelowna

$498,000

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10163966

Penthouse at the Executive House with Panoramic Lake, City & Mountain Views! 465 sq.ft. of Balcony PLUS 3 Parking Stalls!Updated with new kitchen, flooring, stainless appliances, this 2 Bed, 2 Bath plus Den condo is spacious, bright & a must see. Over 1400 sq.ft of luxury plus 465 sq.ft. of wrap-a-round Balcony where you can enjoy the endless views &…
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Courtesy Of
Dale Patterson Of RE/MAX Kelowna

$599,000

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10161401

WATERFRONT LOCATION- NOBODY ABOVE YOU- WALK OFF YOUR DECK TO THE BOARDWALK - Jaw dropping, eye popping views from this wonderful Lake Front 2 bedroom, 2 bathroom unit in The Grand Vacation Homes on Water Street. This unit is perfect if you want to watch the kids/Grandkids at the pool, sip wine and take in the sail boats on the…
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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…
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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…
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Courtesy Of
Dean Muscardin Of RE/MAX Kelowna

$299,900

Beds
2
Baths
2

ACTIVE

Apartment

MLS® #10161820

Almost waterfront living without the price tag or the taxes! 2 opposing bed, 2 bath condo in Emerald Point across from Wood Lake bottom floor, quiet, private, north facing views and perfect for the pooch! Emerald Point boasts a pool, hot tub, club room with fireplace and full kitchen for large gatherings, exercise facility, guest parking, sauna and amenities room.…
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Courtesy Of
Alice Hooper Of RE/MAX Kelowna

$399,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10163140

Amazing, peaceful waterfront lot (77' of private lakefront) with stairs and small dock. Utility shed has electrical panel and 30 amp plug suitable for trailer or RV hook-up. It also houses a pressurized tank, hot water tank, shower, sink and phone line. The shed is heated all year by baseboard heating to prevent freezing in the winter. Outhouse to accommodate…
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Courtesy Of
Quincy Vrecko Of RE/MAX Kelowna

$1,995,000

Beds
0
Baths
0

ACTIVE

Acreage Waterfront

MLS® #10157655

Proudly presented by Quincy Vrecko with RE/MAX Kelowna. Unobstructed panoramic lake views abound on this exclusive waterfront estate lot. This prime building lot is ready for your new waterfront home gazing over more than 330 feet of lakeshore with easy access for boating, swimming, and watersports. The large building envelope on this 2.15 acre lot is ready for you to…
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Courtesy Of
Lance Marshall Of Re/Max Lance Marshall

$1,395,000

Beds
0
Baths
0

ACTIVE

Lot Waterfront

MLS® #10156567

Build your dream home on this absolutely gorgeous .68 acre lakeshore lot with 100' of clean Okanagan Lake frontage. This lot has water and septic already installed, a huge dock w/boat lifts, and is ready to build on. Located in the quiet Carr's Landing area with access to the homesite on a private easement lane, this property offers loads of…
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Courtesy Of
Lance Marshall Of Re/Max Lance Marshall

$1,695,000

Beds
3
Baths
3

ACTIVE

Single Family

MLS® #10157864

Check out this very affordable lakeshore in the quiet Coral Beach area of Carrs Landing. 75' of clean Okanagan Lake beach & 0.3ac lot with a fantastic walkout rancher. This 2 bdrm+den home offers easy access to the beach & dock, terrific views, & a fantastic updated interior for easy beachfront living. The large vaulted living & dining rm area…
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Courtesy Of
Lance Marshall Of Re/Max Lance Marshall

$1,730,000

Beds
3
Baths
1

ACTIVE

Single Family

MLS® #10157748

FLAT LAKESHORE in Coral Beach area of Carrs Landing. Approximately 76' of gorgeous lake frontage with 3bdrm, 1 bathroom summer cabin on level .27ac lot. Municipal water, ready to build on or use as a summer retreat. Can be purchased with adjacent 17490 Coral Beach Rd for a total of 256' lakeshore & .73 ac. Very unique opportunity to buy…
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Courtesy Of
Lance Marshall Of Re/Max Lance Marshall

$3,220,000

Beds
3
Baths
4

ACTIVE

Single Family

MLS® #10157750

LEVEL LAKESHORE!! This gorgeous FLAT .46 acre lot offers approximately 180' of clean lake frontage in the quiet Coral Beach area of Carrs Landing. The walkout rancher has 3 bedrooms + office, 4 bathrooms, inground pool, hot tub, licensed dock w/lift, putting green & loads of parking. Can be purchased with adjacent property 17470 Coral Beach for a total of…