Property Type: Land / LotOwnership: Freehold

16961 Coral Beach Road

Lake Country, BC V4V1B9

$515,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.22 acres
Frontage
75 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,958

Interior

Fireplace
None

Exterior & Lot

View
Lake view

Listing Information

MLS®
10375624
Listed
February 13, 2026
Time on market
On the market for 199 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon Salt Fowler · Data source: CREA DDF.

Description

Set above the shimmering shoreline of Okanagan Lake, this exceptional residential lot offers a rare opportunity to create your dream home in the heart of Lake Country. Located at 16961 Coral Beach Road, the property captures breathtaking panoramic lake views that stretch across sparkling water and surrounding hillsides, providing a stunning backdrop for everyday living. Spanning approximately 9,583 square feet, this gently sloping lot presents an ideal canvas for a custom designed Okanagan retreat. With desirable RR3 zoning, the property offers flexible building possibilities, allowing you to design a home that reflects your vision and lifestyle while maximizing the spectacular views.The location adds even more appeal. Just moments from the waterfront, you will enjoy easy access to beaches, boating, swimming, and year round outdoor recreation. The surrounding community is known for its welcoming atmosphere, scenic landscapes, nearby wineries, and convenient amenities, making it one of the most sought after areas in the region. Municipal water and key utilities are available at the lot line, and the property is accessed by a paved city street, offering convenience as you plan and build your future Okanagan escape. (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

15°C

Clear

Humidity 76%

Wind NNW 4 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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

SchoolTypeDistance
Oyama Traditional SchoolElementary6.3 km
Davidson Road ElementaryElementary9.0 km
George Elliot SecondarySecondary11.5 km
Peter Greer ElementaryElementary11.7 km
HS Grenda Middle SchoolMiddle11.7 km
Okanagan Landing ElementaryElementary14.3 km
Ellison ElementaryElementary16.7 km
Clarence Fulton SecondaryElementary16.8 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

Restaurants (1)

  • Block One · 17101 Terrace View Road300 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 5.1% ($26,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$412,000.00
Periodic payment — Principal & Interest (monthly)$2,658.08
Additional monthly expenses (strata, tax, utilities, etc.)$163.17
Total monthly cost$2,821.25
Interest paid over 5-yr term$118,080.38
Balance at end of term$370,595.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,756.39

Cash Needed at Closing

Minimum down payment$26,500
Estimated BC PTT$8,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,300

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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