Property Type: Land / LotOwnership: Freehold

10538 Pinecrest Road

Vernon, BC V1H2B1

$139,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.33 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$500

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Listing Information

MLS®
10322155
Listed
August 17, 2024
Time on market
On the market for 744 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon · Data source: CREA DDF.

Description

Welcome to 10538 Pinecrest Road in the picturesque Westshore Estates! This remarkable 0.33-acre lake view lot offers a unique opportunity to build your dream home in a serene rural atmosphere. With access from both Pinecrest Road and a convenient laneway at the top of the property, the possibilities are endless. Lot Details: Size: 0.33 acres Access: Dual access from Pinecrest Road & a laneway Utilities: Water & power readily available at the lot line Septic: Permit required for septic installation Ideal Building Opportunity! This sloped, treed lot is perfect for designing a rancher-style home with a spacious walk-out basement, allowing you to maximize the stunning lake views. Outdoor Recreation: Just a short drive from Evely campsite, you’ll enjoy quick access to Okanagan Lake for swimming, boating & fishing. Explore miles of scenic hiking trails and backroads right from the subdivision. Community Amenities: Westshore Estates is a tranquil community located approximately 30 minutes from Vernon and 40 minutes from Kelowna. School bus services ensure your children can easily travel to local schools. Enjoy the community park featuring a baseball field, soccer field, basketball court, and playground for family fun. A nearby store, just 15 minutes away, offers all the essentials and is open seven days a week for your convenience. Don’t miss your chance to claim this idyllic piece of land and build the life you've always dreamed of in beautiful Westshore Estates! (id:63159)

Location Insights

Weather

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary8.5 km
Ellison ElementaryElementary10.9 km
Clarence Fulton SecondaryElementary11.2 km
Mission Hill ElementaryElementary13.2 km
Oyama Traditional SchoolElementary14.0 km
Alexis Park ElementaryElementary14.2 km
Kidston ElementaryElementary14.4 km
St James(Independent)Elementary14.5 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.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$111,200.00
Periodic payment — Principal & Interest (monthly)$717.42
Additional monthly expenses (strata, tax, utilities, etc.)$41.67
Total monthly cost$759.09
Interest paid over 5-yr term$31,870.24
Balance at end of term$100,024.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,015.42

Cash Needed at Closing

Minimum down payment$6,950
Estimated BC PTT$1,390
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,840

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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