1408 Red Mountain Place
Vernon, BC V1B4A3
$429,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.23 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,458
Interior
- Fireplace
- None
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- 10394403
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.
Description
Build your dream home on this exceptional 0.232-acre lot at 1408 Red Mountain Place, with breathtaking valley & lake views creating the perfect backdrop for Okanagan living. Located in one of Vernon's desirable neighbourhoods, this premium building lot offers a rare opportunity to design a home that reflects your lifestyle while enjoying the beauty and recreation the region is known for. The site is ideally suited for a walkout rancher with a suite. Whether you envision an open-concept floor plan, oversized windows to capture the views, or expansive outdoor entertaining spaces, this property provides the ideal canvas to bring your vision to life. Enjoy the convenience of being just 20 mins from Silver Star Mountain Resort, to experience world-class skiing, snowboarding, mountain biking, and hiking throughout the year. When summer arrives, you'll appreciate being only 20 minutes from Vernon's beautiful beaches and lakes, perfect for boating, SUP, swimming & relaxing in the sunshine. The surrounding area embraces the Okanagan lifestyle with award-winning wineries, picturesque vineyards, and local orchards. Golf courses, shopping, restaurants, schools, and everyday amenities are all within easy reach, combining peaceful surroundings with outstanding convenience. Vacant lots with this combination of views, location & building potential are becoming increasingly difficult to find. Secure your place and create the custom home you've always imagined at 1408 Red Mountain Place. (id:63159)
Location Insights
Weather
16°C
—
Humidity 69%
Wind ESE 14 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
44,519
(2021 Census)
+11% since 2016
Density: 461.7/km²
Dwellings: 21,287
Median household income: $73,500
After-tax: $66,500
Immigrant population: 12.4%
Top countries of origin (% of total population)
- United Kingdom2.3% · 1,030
- Germany1.2% · 550
- United States of America1% · 450
- India0.8% · 355
- Philippines0.7% · 315
- Netherlands0.6% · 270
- Poland0.3% · 150
- South Africa, Republic of0.3% · 125
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
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
| School | Type | Distance |
|---|---|---|
| Vernon Christian School(Independent) | K-12 | 2.1 km |
| B X Elementary | Elementary | 2.1 km |
| Pleasant Valley Christian Academy(Independent) | Elementary/Middle | 4.4 km |
| Harwood Elementary | Elementary | 4.6 km |
| Silver Star Elementary | Elementary | 5.1 km |
| W.L. Seaton Secondary | Secondary | 5.4 km |
| Ecole Beairsto Elementary | Elementary | 5.9 km |
| Alexis Park Elementary | Elementary | 5.9 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 (5+)
- Unnamed162 m
- Foothills Park222 m
- Unnamed377 m
- Unnamed442 m
- Unnamed640 m
Nearby places data: © OpenStreetMap contributors.
School district: Vernon (SD22)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,450) — 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.