Property Type: Detached HouseOwnership: Freehold

319 Carmel Crescent

Okanagan Falls, BC V2A1R5

$2,950,000

5 bed4.5 bath6 parking6,475 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,551.51

Interior

Heating
Heat Pump, Baseboard heaters, Other
Cooling / A/C
Heat Pump
Fireplace
Yes (3)
Fireplace type
Insert
Flooring
Tile, Carpeted

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View of water

Building

Roof
Other, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached Garage, Heated Garage, Additional Parking

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
5pc BathroomSecond level14' x 9'
DenMain level12' x 8'
PantrySecond level10' x 9'
Dining roomSecond level22' x 24'
OtherThird level7' x 12'
Laundry roomMain level10' x 9'
Laundry roomThird level14' x 5'
Mud roomMain level15' x 15'
BedroomSecond level13' x 20'
BedroomMain level14' x 11'
BedroomThird level18' x 22'
BedroomMain level12' x 11'
Living roomMain level20' x 20'
KitchenMain level17' x 10'
Partial bathroomSecond level10' x 5'
4pc BathroomMain level14' x 8'
5pc Ensuite bathThird level20' x 12'
Primary BedroomThird level22' x 14'
KitchenSecond level18' x 14'
Living roomSecond level30' x 32'

Listing Information

MLS®
10392518
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

Designed by an architect and designer as their own residence, this exceptional contemporary home reflects timeless architecture, enduring craftsmanship, and thoughtful design. Expansive walls of glass fill the interiors with natural light while framing lake and mountain views, creating a seamless connection to the surrounding landscape. Clean architectural lines are complemented by warm natural materials and wood-burning fireplaces, creating a home that is both refined and inviting. Offering approximately 6,475 sq.ft., the residence features five bedrooms, three-and-a-half bathrooms, an oversized garage, and more than 2,000 sq.ft. of terraces and patios that extend the living spaces outdoors. Every bedroom enjoys its own private access to a garden or terrace, further enhancing the home's connection to nature. Located in Skaha Estates, the property is just a one-minute walk to the local beach on Skaha Lake, providing convenient access for swimming, boating, and enjoying the lake. Thoughtfully designed with a focus on light, space, and livability, this is a home that is as functional as it is architecturally distinctive. Measurements are approx. and need to be verified. (id:63159)

Values & Trends

This listing

$456/sqft

Building average

No other active listings in this building

Eastside/Lkshr Hi/Skaha Est average

$494/sqft

12 active listing(s)

Parking: 6 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: Penticton

Mainly Clear

17°C

Mainly Clear

Humidity 67%

Wind NE 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary2.6 km
Okanagan Falls ElementaryElementary4.2 km
Princess Margaret SecondarySecondary9.4 km
Wiltse ElementaryElementary10.2 km
Columbia ElementaryElementary11.9 km
Holy Cross School(Independent)Elementary/Middle12.0 km
Penticton Christian School(Independent)K-1212.4 km
Entre-lacsElementary/Middle12.5 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: Okanagan-Similkameen (SD53)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($590,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,360,000.00
Periodic payment — Principal & Interest (monthly)$15,225.92
Additional monthly expenses (strata, tax, utilities, etc.)$869.96
Total monthly cost$16,095.88
Interest paid over 5-yr term$676,382.78
Balance at end of term$2,122,827.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$590,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,147.57

Cash Needed at Closing

Minimum down payment$590,000
Estimated BC PTT$66,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$658,000

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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