12390 Oyama Road Lot# B
Oyama, BC V4V2A3
$699,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.4 acres
- Frontage
- 141 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view
Listing Information
- MLS®
- 10395029
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
An exceptional opportunity to build in one of Oyama’s most desirable rural-lakeside settings. This soon to be created, approximately 2.47 acre (one hectare) lot is being offered shovel-ready with extensive due diligence and site preparation already completed. Accessed directly from Oyama Road, the approved building site has been professionally prepared with significant clearing, excavating, and terrain shaping to maximize usability and showcase the property’s potential. Thoughtful tree removal has opened up the lake/valley views while still preserving privacy and the natural character of the land. The lot gently slopes down to Trewhitt Road West and offers access to the Okanagan Rail Trail and Wood Lake, providing an outstanding lifestyle opportunity with year-round outdoor recreation at your doorstep. Many required studies and approvals are in place, including Preliminary Layout Review (PLR) approval, a Natural Environment Assessment, Wildfire Hazard Assessment, Geotechnical Report, approved septic disposal, approved driveway access, and final plot plan approval, offering buyers peace of mind and the ability to move forward without delay. Utilities further enhance the value and convenience of this offering, with municipal water, natural gas, and hydro available at the road. With a cleared and prepared building site, services at the lot line, confirmed access, and regulatory approvals complete, this proposed lot presents a rare opportunity to build a custom home in a prime Oyama location that seamlessly blends natural beauty, recreation, and readiness to build. (id:63159)
Location Insights
Weather
Nearest station: Vernon
16°C
—
Humidity 68%
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Peter Greer Elementary | Elementary | 3.4 km |
| Davidson Road Elementary | Elementary | 3.5 km |
| George Elliot Secondary | Secondary | 3.7 km |
| HS Grenda Middle School | Middle | 3.8 km |
| Oyama Traditional School | Elementary | 5.3 km |
| Ellison Elementary | Elementary | 13.9 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 14.2 km |
| North Glenmore Elementary | Elementary | 15.3 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 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.