Property Type: Detached HouseOwnership: FreeholdNEW LISTING

138 Devon Drive

Okanagan Falls, BC V0H1R5

$2,999,000

4 bed4.5 bath2 parking2,393 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
House
Style
Ranch, Other
Stories
2
Lot size
0.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,093.24

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Wood, Conventional
Appliances
Washer, Refrigerator, Water purifier, Range - Gas, Dishwasher, Dryer, Microwave

Exterior & Lot

Lot features
Balcony

Building

Roof
Asphalt shingle, Unknown, Unknown
Water source
Irrigation District
Sewer
Septic tank
Parcel ID (PID)
028-924-177

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, Covered, Other

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation16'0'' x 21'9''
Dining roomSecond level13'11'' x 9'5''
Primary BedroomAdditional Accommodation12'1'' x 11'8''
KitchenAdditional Accommodation13'11'' x 14'2''
3pc BathroomBasement5'8'' x 4'10''
3pc BathroomBasement6'2'' x 4'10''
Utility roomBasement11'1'' x 8'0''
BedroomBasement10'7'' x 12'3''
DenBasement6'7'' x 7'7''
BedroomBasement14'0'' x 11'6''
Recreation roomMain level21'0'' x 16'5''
FoyerMain level9'4'' x 9'3''
2pc BathroomMain level13'1'' x 5'4''
3pc BathroomMain level7'1'' x 10'9''
Primary BedroomMain level11'8'' x 12'1''
Living roomMain level21'9'' x '
Dining roomMain level9'5'' x 11'
KitchenMain level14'2'' x 13'11''

Listing Information

MLS®
10399144
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Live the ultimate Okanagan lakefront lifestyle on Skaha Lake. This absolutely stunning 2,500 sq ft family residence offers 3 spacious bedrooms, 4 bathrooms, and an extra bedroom above the garage—perfect for guests, extended family. Designed for both comfort and style, the home features bright open living spaces, quality finishes, custom wood framed sliding doors and windows which all for you to take in breathtaking water views from nearly every room. Step outside to your private lakefront oasis, where landscaped grounds lead to the sandy shoreline and sparkling waters of Skaha Lake. Why not have a family night around the fire pit and melt marshmallows'!! Whether you’re hosting summer gatherings on the large covered deck , enjoying morning, or taking in sunsets over the water, this property delivers the perfect balance of luxury and relaxation. A rare offering in one of the Okanagan’s most desirable locations—this is more than a home; it’s a lifestyle. The home comes with so many storage options from in the home, under the carriage home and more off the carport. Enjoy the use of the 64' aluminum removable dock with wood panels. The dock is very attractive, efficient and easy to assemble. Book your private showing today. (id:63159)

Values & Trends

This listing

$1,253/sqft

Building average

No other active listings in this building

Okanagan Falls average

$508/sqft

34 active listing(s)

Parking: 2 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: Penticton

Mainly Clear

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.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary2.4 km
Okanagan Falls ElementaryElementary4.2 km
Princess Margaret SecondarySecondary9.3 km
Wiltse ElementaryElementary10.2 km
Columbia ElementaryElementary11.9 km
Holy Cross School(Independent)Elementary/Middle11.9 km
Penticton Christian School(Independent)K-1212.3 km
Entre-lacsElementary/Middle12.4 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: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,200.00
Periodic payment — Principal & Interest (monthly)$15,478.82
Additional monthly expenses (strata, tax, utilities, etc.)$1,127.77
Total monthly cost$16,606.59
Interest paid over 5-yr term$687,617.62
Balance at end of term$2,158,088.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,800
Stress test qualifying rate8.09%
Payment you must qualify for$18,449.01

Cash Needed at Closing

Minimum down payment$599,800
Estimated BC PTT$67,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,270

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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