Rare waterfront opportunity on Kootenay Lake, offering stunning views, private acreage, and outstanding income or multi-family potential. Set on 0.94 acres with direct water access and multi-unit boat storage, this property features four separate, fully self-contained living units. Home was re-built in 2003-2005. The main floor offers comfortable primary living quarters, while the spacious upper unit impresses with its own bedroom, bathroom, and a private balcony perfectly positioned to take in panoramic views of the lake and surrounding mountains. Two additional lower-level suites each include a full kitchen, dining and living area, in-suite laundry, full bathroom, large bedroom, and covered patio, offering comfort, privacy, and space for family or guests year-round. Outside, a detached commercial-grade laundry building with additional storage adds further practicality, while garden space provides room to grow, relax, or entertain. Whether you’re seeking a private waterfront retreat, a multi-generational family compound, or a turn-key income property, this home delivers exceptional flexibility and lakeside charm just minutes from downtown Kaslo. The waterfront also offers a covered 8 bay boat storage with 2 additional outside slips. Don’t miss this rare chance to own a true waterfront estate in beautiful Kaslo, BC, where mountain serenity meets lake living, and opportunity meets lifestyle. (id:44056)

Property Details

Full Address:
464 Rainbow Drive, Kaslo, British Columbia
Price:
$ 2,100,000
MLS Number:
10393826
List Date:
July 8th, 2026
Neighbourhood:
Kaslo
Lot Size:
0.94 ac
Year Built:
1946
Taxes:
$ 8,612

Interior Features

Bedrooms:
4
Bathrooms:
5
Appliances:
Washer, Refrigerator, Cooktop - Gas, Dishwasher, Dryer, Microwave
Flooring:
Hardwood, Laminate, Carpeted
Air Conditioning:
Heat Pump
Heating:
Forced air, See remarks
Fireplaces:
3
Fireplace Type:
Wood, Conventional, Propane, Unknown

Building Features

Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Garage:
Oversize
Garage Spaces:
20
Ownership Type:
Freehold
Taxes:
$ 8,612

Floors

Finished Area:
3392 sq.ft.

Land

View:
City view, Lake view, Mountain view
Lot Size:
0.94 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Luke Mori
Fair Realty (Nelson)

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