1230 Philpott Road
Kelowna, BC V1P1J7
$2,279,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 12.55 acres
- Frontage
- 551 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Heating
- Baseboard heaters, Stove, Electric, See remarks, Wood
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
Exterior & Lot
- View
- Mountain view, Valley view, View (panoramic)
Building
- Foundation
- Block
- Roof
- Metal, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage, Oversize, See Remarks, Heated Garage, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 10'1'' x 18'3'' |
| Full bathroom | Main level | 10'7'' x 5'6'' |
| Kitchen | Main level | 12'2'' x 9'8'' |
| Dining room | Main level | 12'2'' x 8'5'' |
| Living room | Main level | 11'10'' x 18'1'' |
Listing Information
- MLS®
- 10395082
- Listed
- July 17, 2026
- Time on market
- On the market for 45 days
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.
Description
Turnkey income-producing property with established business operations and significant expansion potential. 1230 Philipott Road is a rare opportunity to acquire a revenue-generating acreage already performing as a short-term rental and event-based business, with financials available to qualified buyers. Generating approximately $125,000 annually from cabin rentals alone, with over $81,000 in confirmed bookings and projected income exceeding $150,000 this year. The property is improved with cabins, RV Parking, upgraded water infrastructure, and new septic systems, creating multiple stable revenue streams. The property is ideally suited for weddings, retreats, and private events, featuring a dedicated outdoor venue space with bar service area and seating capacity for up to 100 guests. Event revenue potential ranges from $10,000–$20,000 per booking, with active inquiries already in place. Additional infrastructure includes a large shop, multiple access points, full perimeter fencing and gating, irrigation, lighting, and ample on-site parking for 50+ vehicles—supporting both current operations and future growth. This offering is best suited for investors or owner-operators seeking a commercial-style asset with diversified income streams, including accommodations, RV rentals, events, and ancillary revenue opportunities such as storage, agricultural use, and service-based add-ons. Proven performance and the potential to exceed $250,000+ annually. (id:63159)
Values & Trends
This listing
$2,578/sqft
Building average
—
No other active listings in this building
Joe Rich average
$493/sqft
16 active listing(s)
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
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
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
| School | Type | Distance |
|---|---|---|
| Black Mountain Elementary | Elementary | 15.1 km |
| Ellison Elementary | Elementary | 15.6 km |
| Rutland Elementary | Elementary | 16.5 km |
| South Rutland Elementary | Elementary | 17.0 km |
| Rutland Senior Secondary | Elementary | 17.1 km |
| Rutland Middle School | Middle | 17.3 km |
| Belgo Elementary School | Elementary | 17.6 km |
| Pearson Road Elementary | Elementary | 18.2 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)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($455,800) — 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.