245 Kalamalka Lakeview Drive Unit# 16
Vernon, BC V1H1R6
$1,999,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 16.75 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $192/mo
- Annual property tax
- $3,660.33
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, View (panoramic)
Listing Information
- MLS®
- 10345982
- Listed
- May 8, 2025
- Time on market
- On the market for 480 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Priscilla · Data source: CREA DDF.
Description
OUT-OF-COUNTRY BUYERS – WELCOME TO THE OKANAGAN VALLEY! Rare opportunity to own 16.75 acres overlooking the turquoise waters of Kalamalka Lake. Every angle of your future estate can capture the coveted views of Rattlesnake Point and the lake’s shimmering shoreline. A gated entrance ensures privacy, while a service road leads directly to the famous Rail Trail along the water. Located in Kekuli Bay Estates, an exclusive bare land strata of executive homes and acreages, this property offers both prestige and privacy. Community water, natural gas, and hydro are at the lot line, giving you the foundation to plan your dream estate. The location is unmatched—5 minutes to Kekuli Bay boat launch, 10 minutes to Vernon and Predator Ridge Golf Resort, 30 minutes to Silver Star Mountain, and just 20 minutes to Kelowna International Airport. This is one of the valley’s most exclusive settings, blending natural beauty, privacy, and convenience in the heart of the Okanagan. (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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Kidston Elementary | Elementary | 3.7 km |
| Kalamalka Secondary | Elementary | 4.2 km |
| Okanagan Landing Elementary | Elementary | 4.5 km |
| Clarence Fulton Secondary | Elementary | 4.7 km |
| Ellison Elementary | Elementary | 4.9 km |
| Coldstream Elementary | Elementary | 5.3 km |
| Mission Hill Elementary | Elementary | 5.4 km |
| Alternative Learning Program | Secondary | 6.4 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: Vernon (SD22)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,800) — 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.