10114 Newene Road
Lake Country, BC V4V1V2
$800,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.6 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,647.71
Interior
- Basement
- Full
- Heating
- See remarks
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Valley view, View (panoramic)
Parking
- Total spaces
- 8 — uncovered indicated
- Features
- RV, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 13'7'' x 7'8'' |
| Recreation room | Basement | 11'7'' x 31'7'' |
| 3pc Bathroom | Basement | 4'10'' x 11'8'' |
| Bedroom | Basement | 4'10'' x 11'8'' |
| Family room | Basement | 27'2'' x 11'1'' |
| Storage | Basement | 5'5'' x 11'1'' |
| Den | Basement | 14'6'' x 11'8'' |
| Storage | Basement | 13'0'' x 8'9'' |
| Other | Basement | 7'0'' x 3'11'' |
| Primary Bedroom | Main level | 14'10'' x 11'8'' |
| Bedroom | Main level | 10'7'' x 11'7'' |
| 3pc Bathroom | Main level | 6'0'' x 8'1'' |
| Kitchen | Main level | 12'9'' x 11'1'' |
| Dining room | Main level | 19'10'' x 12'2'' |
| Dining nook | Main level | 9'4'' x 11'5'' |
| Living room | Main level | 11'9'' x 23'7'' |
| Foyer | Main level | 26'7'' x 7'8'' |
Listing Information
- MLS®
- 10391822
- Listed
- June 19, 2026
- Time on market
- On the market for 73 days
- Data last synced
- August 28, 2026
Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.
Description
Opportunity is knocking in the heart of Lake Country with this rare 0.60 acre property featuring C1 Town Centre Commercial zoning, offering exceptional long-term redevelopment potential. Positioned within one of Lake Country's evolving commercial corridors, the property stands to benefit from a recently approved commercial development directly across the road, consisting of four commercial buildings with a grocery store anticipated as the primary anchor tenant. C1 zoning permits a wide variety of commercial and mixed-use opportunities, including retail, professional offices, restaurants, cafes, medical clinics, personal services, and residential units above commercial space. As Lake Country continues to grow, opportunities with this level of flexibility are becoming increasingly scarce. The existing 3 bedroom plus den, 2 bathroom rancher with basement offers approximately 2,636 sq.ft. and is situated toward one side of the property, creating additional flexibility for future site planning and redevelopment potential. A detached shop, ample parking, and RV access further enhance the property's functionality in the meantime. Bordering ALR lands while remaining centrally located near existing and future amenities, this property offers a unique combination of present day utility and long term upside. Hold as an investment, operate a business, pursue redevelopment, or create a live/work environment in one of Lake Country's emerging commercial hubs. (id:63159)
Values & Trends
This listing
$303/sqft
Building average
—
No other active listings in this building
Lake Country South West average
$651/sqft
52 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kelowna
12°C
Clear
Humidity 88%
Wind ENE 5 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
15,817
(2021 Census)
+22.4% since 2016
Density: 129.5/km²
Dwellings: 6,852
Median household income: $98,000
After-tax: $87,000
Immigrant population: 11.7%
Top countries of origin (% of total population)
- United Kingdom2.7% · 425
- Germany1.3% · 200
- United States of America1% · 160
- India0.8% · 120
- South Africa, Republic of0.3% · 55
- Philippines0.3% · 55
- Netherlands0.3% · 50
- Russian Federation0.2% · 35
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
48
6/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| George Elliot Secondary | Secondary | 422 m |
| HS Grenda Middle School | Middle | 477 m |
| Peter Greer Elementary | Elementary | 1.2 km |
| Davidson Road Elementary | Elementary | 2.7 km |
| Oyama Traditional School | Elementary | 9.1 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 10.5 km |
| Ellison Elementary | Elementary | 10.8 km |
| North Glenmore Elementary | Elementary | 11.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (4)
- L'Isola Bella Bistro243 m
- Chopsticks · 10071 Main Street293 m
- Bun Tan Pho & Sushi305 m
- Viva Mexicana · 9685 Highway 97786 m
Cafes (1)
- Tim Hortons398 m
Grocery (1)
- IGA Marketplace311 m
Parks (3)
- Regional Park287 m
- War Monument Park332 m
- Swalwell Park461 m
Pharmacies (1)
- Shoppers Drug Mart · 9970 Main Street327 m
Banks & ATMs (4)
- Buster's Pizza & Donair - Lake Country - Bitcoin Well ATM · 10058 BC-97183 m
- CIBC214 m
- RBC · 9950 Main Street372 m
- TD Bank474 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.