Property Type: Land / LotOwnership: Freehold

1181 Lone Pine Drive

Kelowna, BC V1P0A5

$374,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.18 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,930

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10384114
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

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

Description

AVAILABLE*****Court-ordered sale — strong value in a fully established Black Mountain neighbourhood. Welcome to Lot 25 on Lone Pine Drive, an excellent opportunity to secure a building lot on a street that is now almost entirely built out. This is one of the last remaining lots in this desirable subdivision, offering buyers the chance to enter the area below typical market value. The lot backs onto a natural hillside, providing privacy, a quiet setting, and no rear neighbours. From the front, enjoy west-facing city and lake views, giving your future home beautiful evening light and an elevated outlook. The lot’s shape and orientation support a wide variety of home designs, offering flexibility for both builders and homeowners. With surrounding homes already completed, buyers benefit from a mature neighbourhood and a clear understanding of the streetscape. This is a great opportunity for builders, investors, or anyone looking to secure a well-priced lot in a sought-after community. A rare foreclosure opportunity in a built-out subdivision — bring your plans and take advantage of this below-market offering. (id:63159)

Location Insights

Weather

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

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Black Mountain ElementaryElementary1.5 km
South Rutland ElementaryElementary1.8 km
Belgo Elementary SchoolElementary2.0 km
Rutland ElementaryElementary2.5 km
Okanagan Christian School(Independent)K-122.5 km
Rutland Senior SecondaryElementary2.6 km
Quigley ElementaryElementary2.8 km
Rutland Middle SchoolMiddle2.8 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% ($18,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$299,920.00
Periodic payment — Principal & Interest (monthly)$1,934.98
Additional monthly expenses (strata, tax, utilities, etc.)$160.83
Total monthly cost$2,095.82
Interest paid over 5-yr term$85,957.93
Balance at end of term$269,779.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,745
Stress test qualifying rate8.09%
Payment you must qualify for$2,738.71

Cash Needed at Closing

Minimum down payment$18,745
Estimated BC PTT$5,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,743

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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