Property Type: Detached HouseOwnership: Freehold

12692 Ponderosa Drive

Lake Country, BC V4V2G9

$1,100,000

3 bed3.5 bath1 parking1,800 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,819.43

Interior

Heating
Stove, Electric, See remarks, Wood
Cooling / A/C
See Remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, RV

Room Dimensions

RoomLevelDimensions
BedroomMain level11' x 10'
BedroomMain level10'5'' x 13'5''
Primary BedroomMain level15' x 13'5''
2pc BathroomMain level4'5'' x 4'
4pc BathroomMain level8' x 7'5''
3pc Ensuite bathMain level8' x 5'5''
KitchenMain level12' x 12'
Living roomMain level24' x 14'

Listing Information

MLS®
10396863
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

Imagine spending your summer evenings walking to Wood Lake, cycling the nearby trails, or relaxing in your own private backyard surrounded by mature trees and mountain views. This beautifully updated walk-out rancher sits on a generous flat .25 acre lot, offering the perfect blend of comfort, space, and the Okanagan lifestyle. The bright open-concept design features an updated kitchen with stainless steel appliances, generous counter space, and an eat-up island perfect for gathering with family and friends. Offering 3 bedrooms, 2½ bathrooms, a spacious laundry and mudroom, and an oversized single garage, this home is move-in ready. Outside, you'll appreciate the large, level yard, RV parking, and plenty of room for extra vehicles, recreational toys, a future shop, or the garden you've always dreamed of. The fully landscaped property also features mature cherry, blackberry, raspberry, and walnut trees, creating your own backyard oasis. Located just a 5-minute walk to Wood Lake, beaches, and scenic walking and cycling paths, and only 15 minutes to Kelowna International Airport and UBCO, 20 minutes to Vernon, and 25 minutes to downtown Kelowna, you'll enjoy the very best of the Okanagan right at your doorstep. Come experience a home where every season feels like a getaway. Book your private showing today. (id:63159)

Values & Trends

This listing

$611/sqft

Building average

No other active listings in this building

Lake Country North West average

$504/sqft

34 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

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

Nearest station: Kelowna

Clear

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

15,817

(2021 Census)

+22.4% since 2016

Density: 129.5/km²

Dwellings: 6,852

Median household income: $98,000

After-tax: $87,000

Immigrant population: 11.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 425
  • Germany1.3% · 200
  • United States of America1% · 160
  • India0.8% · 120
  • South Africa, Republic of0.3% · 55
  • Philippines0.3% · 55
  • Netherlands0.3% · 50
  • Russian Federation0.2% · 35

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

SchoolTypeDistance
Davidson Road ElementaryElementary2.4 km
George Elliot SecondarySecondary4.1 km
Peter Greer ElementaryElementary4.3 km
HS Grenda Middle SchoolMiddle4.4 km
Oyama Traditional SchoolElementary5.3 km
Aberdeen Hall Preparatory School(Independent)K-1214.8 km
Ellison ElementaryElementary14.9 km
North Glenmore ElementaryElementary15.6 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)

  • Unnamed794 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (strata, tax, utilities, etc.)$408.29
Total monthly cost$6,085.75
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$85,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.99

Cash Needed at Closing

Minimum down payment$85,000
Estimated BC PTT$20,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,500

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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