165 Highland Drive
Okanagan Falls, BC V0H1R3
$1,599,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.51 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,426.41
Interior
- Basement
- Full
- Heating
- Heat Pump, Forced air
- Cooling / A/C
- Central air conditioning, Heat Pump
- Fireplace
- Yes (2)
- Fireplace type
- Gas, Unknown
- Flooring
- Hardwood, Carpeted, Ceramic Tile
Exterior & Lot
- Exterior features
- Wood siding
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
- Pool
- Pool, Inground pool, Outdoor pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 6 — covered indicated
- Features
- Attached Garage, Oversize, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Library | Lower level | 2'10'' x 5'6'' |
| Full bathroom | Lower level | 4'11'' x 11'5'' |
| Full ensuite bathroom | Lower level | 4'8'' x 12'7'' |
| Bedroom | Lower level | 12'7'' x 14'9'' |
| Mud room | Lower level | 5'1'' x 10'11'' |
| Recreation room | Lower level | 13'3'' x 17'11'' |
| Dining room | Lower level | 7'1'' x 10'8'' |
| Storage | Lower level | 2'10'' x 5'9'' |
| Kitchen | Lower level | 8'5'' x 16'3'' |
| Bedroom | Lower level | 10'6'' x 12'5'' |
| Utility room | Lower level | 9'8'' x 11'5'' |
| Partial bathroom | Main level | 4'5'' x 5'4'' |
| 5pc Ensuite bath | Second level | 10'6'' x 14'8'' |
| 4pc Bathroom | Second level | 4' x 5'10'' |
| Bedroom | Second level | 9'3'' x 14'10'' |
| Bedroom | Second level | 9'8'' x 12'0'' |
| Primary Bedroom | Second level | 15'6'' x 26'10'' |
| Mud room | Main level | 7'3'' x 18'6'' |
| Family room | Main level | 13'1'' x 20'11'' |
| Foyer | Main level | 7'9'' x 13' |
| Dining room | Main level | 12'0'' x 13'3'' |
| Living room | Main level | 13'3'' x 18'2'' |
| Kitchen | Main level | 17'5'' x 20'11'' |
| Dining nook | Main level | 8'1'' x 11'1'' |
Listing Information
- MLS®
- 10381463
- Listed
- April 15, 2026
- Time on market
- On the market for 138 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Set on an elevated half-acre lot above Skaha Lake, 165 Highlands Drive is the kind of home people move to the Okanagan for. Every principal space faces the valley, and the great room takes full advantage, with vaulted wood-clad ceilings, a wall of glass, and a feature fireplace that brings warmth without pulling your eye from the view. The covered wrap-around deck means you're outside in every season, and the kitchen is the kind you actually want to cook in, with granite countertops, stainless appliances, and a center island big enough to gather around. Five bedrooms and five bathrooms across nearly 4,000 square feet gives everyone room to spread out. The primary suite is a proper retreat, spacious and private with an ensuite bath and those same lake views you won't get tired of. Downstairs, a fully finished two-bedroom, two-bathroom walk-out suite offers real flexibility, whether for family, guests, or a mortgage helper. Out back, a saltwater pool, hot tub, and beautifully kept grounds make it easy to stay home. And when you do want to get out, downtown Penticton is less than fifteen minutes away. The care put into this home over the years is evident the moment you arrive. The current owners have invested consistently in upgrades and it shows in the condition, the details, and the way everything works. Few properties in the Okanagan offer this combination of setting, space, and value, this home is one of them! (id:63159)
Values & Trends
This listing
$401/sqft
Building average
—
No other active listings in this building
Eastside/Lkshr Hi/Skaha Est average
$499/sqft
12 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
Nearest station: Penticton
13°C
Mainly Clear
Humidity 81%
Wind NNW 3 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Kaleden Elementary | Elementary | 2.7 km |
| Okanagan Falls Elementary | Elementary | 6.3 km |
| Princess Margaret Secondary | Secondary | 7.3 km |
| Wiltse Elementary | Elementary | 8.1 km |
| Columbia Elementary | Elementary | 9.8 km |
| Holy Cross School(Independent) | Elementary/Middle | 9.8 km |
| Penticton Christian School(Independent) | K-12 | 10.3 km |
| Entre-lacs | Elementary/Middle | 10.3 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: 20.0% ($319,800) — 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.