Property Type: Detached HouseOwnership: Freehold

10286 Newene Road

Lake Country, BC V4V1V2

$1,299,000

4 bed2 bath8 parking1,443 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
1.45 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,154.17

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
None

Exterior & Lot

Exterior features
Wood
View
Mountain view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
BedroomMain level7'8'' x 10'9''
OtherMain level6'0'' x 5'9''
BedroomMain level10'5'' x 10'8''
Laundry roomMain level7'2'' x 4'6''
Full bathroomMain level7'10'' x 7'4''
Primary BedroomMain level8'10'' x 12'2''
OtherMain level7'8'' x 3'7''
Full bathroomMain level4'11'' x 6'5''
BedroomMain level8'8'' x 10'7''
Family roomMain level9'6'' x 12'2''
Dining roomMain level10'1'' x 10'8''
Living roomMain level19'2'' x 13'6''
KitchenMain level9'8'' x 12'5''

Listing Information

MLS®
10347198
Listed
May 23, 2025
Time on market
On the market for 465 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna - Stone Sisters · Data source: CREA DDF.

Description

Unmatched development opportunity in the heart of Lake Country!! A rare and promising opportunity for developers and investors—this 1.45-acre parcel is designated High Density Residential in Lake Country’s Official Community Plan, positioning it perfectly for future development. Ideally situated just one block from the main commercial corridor, this property offers the best of both worlds: walkability to groceries, restaurants, and schools, yet nestled in a peaceful, tree-lined setting bordered by orchards and mature greenery. The lot features a gently sloping topography and convenient access to sewer infrastructure at the highway, supporting a variety of multi-family or high-density residential development possibilities. While the existing 4-bedroom, 2-bathroom home is livable and currently tenanted, the true value lies in the land and exceptional location. (id:63159)

Values & Trends

This listing

$900/sqft

Building average

No other active listings in this building

Lake Country South West average

$639/sqft

52 active listing(s)

Parking: 8 stall(s) includedStorage locker: Not indicated

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

Clear

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

41

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

SchoolTypeDistance
George Elliot SecondarySecondary356 m
HS Grenda Middle SchoolMiddle499 m
Peter Greer ElementaryElementary1.1 km
Davidson Road ElementaryElementary2.6 km
Oyama Traditional SchoolElementary8.9 km
Aberdeen Hall Preparatory School(Independent)K-1210.7 km
Ellison ElementaryElementary11.0 km
North Glenmore ElementaryElementary11.7 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 (3)

  • L'Isola Bella Bistro297 m
  • Chopsticks · 10071 Main Street415 m
  • Bun Tan Pho & Sushi455 m

Cafes (1)

  • Tim Hortons574 m

Grocery (1)

  • IGA Marketplace439 m

Parks (3)

  • Regional Park350 m
  • War Monument Park400 m
  • Swalwell Park545 m

Pharmacies (1)

  • Shoppers Drug Mart · 9970 Main Street485 m

Banks & ATMs (4)

  • CIBC340 m
  • Buster's Pizza & Donair - Lake Country - Bitcoin Well ATM · 10058 BC-97355 m
  • RBC · 9950 Main Street537 m
  • TD Bank649 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$418.18
Total monthly cost$7,122.75
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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.

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