Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:44056)

Property Details

Full Address:
1348 Cedar Street, Okanagan Falls, British Columbia
Price:
$ 1,950,000
MLS Number:
10354184
List Date:
July 2nd, 2025
Lot Size:
3.92 ac
Year Built:
1950
Taxes:
$ 3,048

Interior Features

Bedrooms:
1
Bathrooms:
1
Total Rooms:
Heating:
See remarks

Building Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Private Utility
Ownership Type:
Freehold
Taxes:
$ 3,048

Floors

Finished Area:
1267 sq.ft.

Land

Lot Size:
3.92 ac
Lot Features:
Level lot
Water Frontage Type:
Waterfront on river

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Tricia Radcliffe eXp Realty
250-809-1861
Request Listing Info

Is this your listing?Advertise With Us!

Listing Agent(s)

Lead Agent: Tricia Radcliffe
Office: eXp Realty
Originating Board: Association of Interior REALTORS®
Co-Listing: Mike Wood
eXp Realty

Similar Listings

ATTENTION REALTORS®

Claim your
Realtor® Profile

Join thousands of homebuyers using RealEstateGuide.com every month. Showcase your listings, contact details, website, and social media with a professional REALTOR® profile. Claim yours today!

Get started in less than 2 minutes.

  • Featured on RealEstateGuide.com
  • Reach buyers and sellers across BC
  • Professional REALTOR® profile
  • Upgrade anytime with print & digital advertising
CHOOSE YOUR PROFILE PACKAGE
Copyright © Real Estate Guide 2026 | Legal | Sitemap
Area Modal Trigger
X