16299 Commonage Road
Lake Country, BC V4V1A8
$988,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.57 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,868
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
Listing Information
- MLS®
- 10381822
- Listed
- April 2, 2026
- Time on market
- On the market for 151 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.
Description
RARE OFFERING..... Premier 2.57 Acre Okanagan Lakeview Estate Property on desirable Commonage Road in Lake Country. Build your dream home on this private acreage with no timeframe to build and you can bring your own builder, or a great property to buy and hold as unobstructed panoramic lakeview acreages with westerly sunset exposures over Okanagan Lake are hard to find. This fantastic acreage has unbeatable views overlooking Jealous Fruits cherry orchard out to Okanagan Lake with a great buildable area mid-lot similar to the neighboring property to the south. RR2 zoning allows for options, build your dream home with or without a suite or build a accessory building with suite(Carriage House), B&B, or run a home based business. Commonage Road at Carr's Landing Road recently paved and widened with turning lane and Bike/Walking paths with plans to continue through Commonage. Location is everything, and this property ticks all the boxes, only 10 minutes to HWY 97, walking distance to the New world-class O'Rourke Family Estate Winery and Row 188 Restaurant, 50th Parallel Estate Winery/BLOCK ONE Restaurant, close to beaches and parks, shopping, restaurants, schools, as well as the comfort of having a fire department 1 minute away on Commonage Road. This Dream Property can become a reality for you. Build your Estate Dream Home here and enjoy Okanagan Lakeviews from the private estate home on this fantastic acreage. Don't Miss Out On This Great Value Acreage, Contact Your Agent Today! (id:63159)
Location Insights
Weather
Nearest station: Kelowna
12°C
Clear
Humidity 88%
Wind ENE 5 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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Oyama Traditional School | Elementary | 5.9 km |
| Davidson Road Elementary | Elementary | 8.0 km |
| George Elliot Secondary | Secondary | 10.5 km |
| HS Grenda Middle School | Middle | 10.7 km |
| Peter Greer Elementary | Elementary | 10.7 km |
| Okanagan Landing Elementary | Elementary | 15.1 km |
| Ellison Elementary | Elementary | 17.5 km |
| Clarence Fulton Secondary | Elementary | 17.5 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: 7.5% ($73,800) — 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.