138 SALIKEN Drive
Penticton, BC V2A8V6
$1,275,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 10.71 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,426.69
Interior
- Basement
- Full
- Heating
- Forced air, Electric
- Fireplace
- None
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- City view, Lake view, Mountain view, Valley view
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 10 — uncovered indicated
- Features
- Other, RV, Oversize, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Main level | 16'4'' x 24'4'' |
| Primary Bedroom | Second level | 12'2'' x 17'1'' |
| Living room | Main level | 17'1'' x 41'8'' |
| Living room | Second level | 12'1'' x 17'10'' |
| Laundry room | Second level | 7'9'' x 8'8'' |
| Kitchen | Main level | 6'8'' x 6'8'' |
| Kitchen | Second level | 12'2'' x 17'11'' |
| 3pc Ensuite bath | Second level | — |
| Dining room | Second level | 8'6'' x 13'7'' |
| Bedroom | Main level | 11'7'' x 13'5'' |
| Bedroom | Second level | 9'10'' x 14'6'' |
| Bedroom | Second level | 8'8'' x 8'11'' |
| 4pc Bathroom | Main level | — |
| 4pc Bathroom | Second level | — |
Listing Information
- MLS®
- 10397178
- Listed
- August 7, 2026
- Time on market
- On the market for 24 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Over 10 acres with arguably the best view building site in the south Okanagan located on a natural outcrop allowing for panoramic views of Okanagan lake, Skaha Lake, Penticton and the surrounding valley. Extremely private, quiet, and just 5 minutes to the hospital, shopping, and Penticton amenities. The topography of the property is well setup for a newly constructed home on the top bench and a warehouse/garage on the lower bench, perfect for those with large equipment or lots of toys. The current 4 bed 3 bath home is ideal to enjoy the property now while plans of developing the acreage come into fruition. The home is complete with an in law suite, power, septic, and water storage. There are a number of unique settings on the property that you must see to appreciate the natural beauty. This location has it all and combines the benefits of having city amenities at your fingertips, privacy with unsurpassed views, and a rock solid investment with multiple new housing developments in adjacent subdivisions. (id:63159)
Values & Trends
This listing
$490/sqft
Building average
—
No other active listings in this building
Columbia/Duncan average
$410/sqft
30 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
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.
Population
36,885
(2021 Census)
+9.3% since 2016
Density: 857.2/km²
Dwellings: 18,457
Median household income: $68,000
After-tax: $61,600
Immigrant population: 13.4%
Top countries of origin (% of total population)
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Columbia Elementary | Elementary | 776 m |
| Entre-lacs | Elementary/Middle | 1.8 km |
| Wiltse Elementary | Elementary | 1.9 km |
| Holy Cross School(Independent) | Elementary/Middle | 2.6 km |
| Penticton Christian School(Independent) | K-12 | 2.9 km |
| Uplands Elementary | Elementary | 2.9 km |
| ConnectEd - Alternative Programs | Secondary | 3.0 km |
| Penticton Secondary | Secondary | 3.0 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-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.0% ($102,500) — 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.