Property Type: Detached HouseOwnership: Freehold

3022 Loon Lake Road

Loon Lake, BC V0K2K1

$799,000

4 bed2 bath3 parking2,320 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.64 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,627

Interior

Heating
Forced air, Electric, See remarks
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Detached Garage, Carport, RV, See Remarks, Additional Parking

Room Dimensions

RoomLevelDimensions
3pc BathroomLower level
Laundry roomBasement10' x 10'
WorkshopBasement8' x 16'
Recreation roomBasement26' x 16'
BedroomBasement12' x 10'
BedroomBasement12' x 10'
4pc BathroomMain level
SunroomMain level5' x 12'
BedroomMain level9' x 12'9''
Primary BedroomMain level10' x 15'6''
Dining roomMain level13'3'' x 16'
Living roomMain level14'10'' x 20'
KitchenMain level8'1'' x 12'9''

Listing Information

MLS®
10370510
Listed
December 9, 2025
Time on market
On the market for 265 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kelowna) · Data source: CREA DDF.

Description

Loon Lake retreat living at its best. Set on a generous .64-acre lot, this beautifully kept and thoughtfully updated home captures sweeping lake and mountain views from nearly every angle. The heart of the home is the bright sunroom – wrapped in windows, it’s where morning coffee, quiet reading, and storm-watching all feel a little more special. You’ll fall in love with this room and the ever-changing view it frames. Inside, enjoy fresh paint throughout, new flooring in the sunroom and upper bedrooms, a fully renovated kitchen, and four comfortable bedrooms. A brand new high-efficiency wood/electric furnace keeps things warm and efficient in winter, while good design and layout help the home stay cool and comfortable through the summer. Outside is a dream for hobbyists, adventurers, and lake-life lovers: a TRIPLE-bay dream shop with two detached garages (single and double), each bay with its own overhead door and separate entrance, plus workshop space and hoist. There’s a covered carport, a cold room with exterior access, a large wood storage shed, and dual access from the front and back of the property – ideal for RVs, boats, and guests. The property is fully fenced and gated, with a semi-protected fire hydrant just outside the garages. A deer-proof huge garden, greenhouse, extra storage, and custom blinds throughout complete the picture. More than a house, this is a carefully maintained, year-round Loon Lake retreat – perfect as a full-time residence or an inviting weekend escape. (id:63159)

Values & Trends

This listing

$344/sqft

Building average

No other active listings in this building

Loon Lake average

$458/sqft

5 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

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: Clinton

Cloudy

15°C

Cloudy

Humidity 60%

Wind ESE 9 km/h

Tonight

12°

Tuesday

24°

Tuesday night

15°

Wednesday

21°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Gold Trail (SD74)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$334.92
Total monthly cost$4,458.82
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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