1214 Lambert Drive
Penticton, BC V2A8Y5
$180,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.18 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,205
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Lake view, Mountain view, View of water, View (panoramic)
Listing Information
- MLS®
- 10374393
- Listed
- February 2, 2026
- Time on market
- On the market for 210 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.
Description
Welcome to 1214 Lambert Drive - your opportunity to build in one of Penticton’s most scenic neighbourhoods! This 7,754 sq ft lot is perfectly situated in the desirable West Bench area, offering incredible views of the surrounding valley and lake, and a setting that combines privacy with convenience. At the end of a quiet cul-de-sac, the property provides a peaceful environment with essentially no traffic, making it well suited for a custom home designed to maximize both outdoor living and scenic sightlines. All utilities are available including natural gas, simplifying the development process and allowing you to move forward with confidence. As a land-only offering, this property is not subject to Foreign Buyer legislation. Enjoy the advantage of being just minutes from downtown Penticton, while also having easy access to world-class wineries, golf courses, beaches, hiking trails, and everyday amenities. The elevated location offers stunning sunsets and year-round enjoyment of the Okanagan lifestyle. Whether you are planning to build your dream home now, or hold for the future, this is a rare opportunity to secure a premium view lot in this gorgeous area of the South Okanagan. Don’t miss your chance to create a home and a life that reflects your desire for beauty, tranquility, and long-term investment value. Call your Realtor® or the Listing Advisor today for your chance to view! (id:63159)
Location Insights
Weather
17°C
Mainly Clear
Humidity 67%
Wind NE 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
36,885
(2021 Census)
+9.3% since 2016
Density: 857.2/km²
Dwellings: 18,457
Median household income: $68,000
After-tax: $61,600
Immigrant population: 13.4%
Top countries of origin (% of total population)
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
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
| School | Type | Distance |
|---|---|---|
| West Bench Elementary | Elementary | 211 m |
| Queens Park Elementary | Elementary | 2.1 km |
| Secondaire de Penticton | Secondary | 3.3 km |
| Penticton Secondary | Secondary | 3.3 km |
| ConnectEd - Alternative Programs | Secondary | 3.4 km |
| Penticton Christian School(Independent) | K-12 | 3.4 km |
| Holy Cross School(Independent) | Elementary/Middle | 3.8 km |
| Uplands Elementary | Elementary | 4.1 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
Parks (1)
- Unnamed721 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($9,000) — 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.