Property Type: Land / LotOwnership: Freehold

10388 Beacon Hill Drive

Lake Country, BC V4V0A9

$899,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.44 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10395480
Listed
July 29, 2026
Time on market
On the market for 33 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Build without compromise on Lot 45 in The Summit at Lakestone, where this generous 0.437-acre homesite presents a rare opportunity to create a fully customized luxury residence in one of the Okanagan's most prestigious master-planned communities. Partner with award-winning SJT Contracting to bring your vision to life on this spacious lot, offering exceptional flexibility to design a home that perfectly complements your lifestyle. Set within Lakestone's highest neighbourhood, The Summit is celebrated for its elevated setting, architectural excellence, and seamless connection to nature. Residents enjoy exclusive access to The Lake Club, featuring a lakeside pool, hot tubs, fitness centre, beach access, and social spaces, as well as The Centre Club, offering a second outdoor pool, hot tubs, fitness facilities, yoga studio, and gathering areas. Nearly 29 kilometres of walking and biking trails, tennis and pickleball courts, parks, and access to Okanagan Lake create an unmatched lifestyle, all just minutes from award-winning wineries, championship golf, Kelowna International Airport, UBC Okanagan, and everyday conveniences. The Lakestone homeowners' amenity fee is currently $79.51 per month. This property is being offered by way of assignment with SJT Contracting. The successful purchaser must build with award-winning SJT Contracting. GST is applicable. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 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

4

1/9 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 SecondarySecondary2.1 km
HS Grenda Middle SchoolMiddle2.2 km
Davidson Road ElementaryElementary2.4 km
Peter Greer ElementaryElementary2.9 km
Oyama Traditional SchoolElementary9.9 km
Aberdeen Hall Preparatory School(Independent)K-1210.5 km
North Glenmore ElementaryElementary11.1 km
Ellison ElementaryElementary11.4 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

Grocery (1)

  • Sohal Orchards · 10391 Chase Road632 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$4,644.68
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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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