12824 Ribbleworth Road Lot# 4
Oyama, BC V4V2A6
$1,199,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.9 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $125
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, View of water, View (panoramic)
Listing Information
- MLS®
- 10378261
- Listed
- March 30, 2026
- Time on market
- On the market for 154 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
4.896 acres of gently sloping land sitting just above the Rail Trail in Lake Country, with easy access to both the trail and Wood Lake directly in front of you — west-facing, with the kind of afternoon sun exposure that makes this one of the more compelling raw land opportunities in the area. Build your dream home and carriage home on a property that gives you room to breathe. A lot line adjustment with neighboring parcels could bring the total to 4.94 acres and potentially allow subdivision into two 2.47-acre lots under existing RR2 zoning. Water is at the lot line via a registered provincial water license tied to a nearby spring that has supplied the adjacent property steadily for decades, with full flexibility on pump size. Septic required for a residence. Farm status has been maintained through cattle and hay production. GST applicable. The surrounding community puts the finishing touch on this one — Kaloya Regional Park stretches into Kalamalka Lake just minutes away, with sandy beaches, picnic areas, and some of the most spectacular turquoise water in the Okanagan; Pane Vino, a beloved family-owned farm-to-table Neapolitan pizzeria, sits right where Wood Lake meets Kalamalka Lake; local orchards and farm stands reflect the area's deep agricultural roots; and Oyama Traditional School serves the community as a public elementary school for young families putting down roots. The adjoining south property at 5.39 acres may also be available — call the listing agent to discuss. (id:63159)
Location Insights
Weather
Nearest station: Vernon
18°C
—
Humidity 66%
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 |
|---|---|---|
| Davidson Road Elementary | Elementary | 3.5 km |
| Peter Greer Elementary | Elementary | 3.8 km |
| George Elliot Secondary | Secondary | 4.0 km |
| HS Grenda Middle School | Middle | 4.2 km |
| Oyama Traditional School | Elementary | 4.9 km |
| Ellison Elementary | Elementary | 14.3 km |
| Aberdeen Hall Preparatory School(Independent) | K-12 | 14.6 km |
| North Glenmore Elementary | Elementary | 15.7 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: 7.9% ($94,900) — 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.