Area: British Columbia
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Incredible Investment Opportunity – Over $475,000 Below Assessed Value! This stunning 2.85-acre property offers unmatched panoramic views of Okanagan Lake and is priced to sell. Located in the desirable community of Peachland, the land is designated as “Medium Density Residential (RM4)” in the future Official Community Plan (OCP), opening the door for exciting development potential. At the heart of the property is a beautifully maintained 2,450 sq ft main home, featuring 3 bedrooms and 3 bathrooms, complemented by a charming carriage house—ideal for guests, rental income, or extended family (currently rented for $800 per month). Situated along Princeton Ave, a key active transportation corridor, this location offers the perfect balance of tranquility and accessibility. Whether you're looking for a prime holding property or your dream lakeview residence, this one checks all the boxes. Key Highlights: Priced $475,000+ below assessed value, 2.85 acres with development potential (RM4 future designation), Spectacular lake views, Spacious 3 bed / 3 bath main home + carriage house, Future growth corridor along Princeton Ave. Don’t miss this rare opportunity—properties like this rarely come to market at such exceptional value. (id:44056)

Property Details

Full Address:
6101 Lipsett Avenue, Peachland, British Columbia
Price:
$ 1,795,000
MLS Number:
10389543
List Date:
May 30th, 2026
Neighbourhood:
Peachland
Lot Size:
2.84 ac
Year Built:
1975
Taxes:
$ 10,649

Interior Features

Bedrooms:
3
Bathrooms:
3
Air Conditioning:
Central air conditioning
Heating:
Forced air
Basement:
Full

Building Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Detached Garage
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 10,649

Floors

Finished Area:
2450 sq.ft.

Land

Lot Size:
2.84 ac

Neighbourhood Features

Amenities Nearby:
Pets Allowed, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

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Alexandra Axsen The Agency Kelowna
 250-870-2792
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Listing Agent(s)

Listing: Alexandra Axsen
The Agency Kelowna

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