3415-3421 Princeton Summerland Road
Princeton, BC V0X1W0
$1,000,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 1.01 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,597.71
Interior
- Heating
- Baseboard heaters, Stove, Wood
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, View of water, View (panoramic)
Parking
- Features
- RV, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Secondary Dwelling Unit | 13'11'' x 12' |
| Full bathroom | Additional Accommodation | 5'2'' x 12'9'' |
| Primary Bedroom | Additional Accommodation | 14'6'' x 16'7'' |
| Full bathroom | Second level | 10'8'' x 8'7'' |
| Bedroom | Second level | 21'7'' x 11'11'' |
| Bedroom | Second level | 23'3'' x 12' |
| Bedroom | Second level | 17'9'' x 11'10'' |
| Full bathroom | Main level | 6' x 7'6'' |
| Primary Bedroom | Main level | 16'8'' x 12'2'' |
| Dining room | Main level | 7'7'' x 12'6'' |
| Living room | Main level | 15'6'' x 21'9'' |
| Kitchen | Main level | 16' x 11'8'' |
Listing Information
- MLS®
- 10376477
- Listed
- June 19, 2026
- Time on market
- On the market for 73 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Rare Waterfront Legacy Compound on Chain Lake 3415 - 3421 Princeton-Summerland Road, Bankeir, BC Discover the ultimate four-season retreat. Nestled in a historic BC recreation area between the Okanagan and Vancouver, this gorgeous, treed 1.01-acre legacy property boasts 308 feet of private, pristine beachfront on Chain Lake. An easy 4-hour drive from Vancouver, 1.15 hours from Summerland, and 25 minutes from Princeton, this turnkey oasis comes fully furnished with linens and kitchenware included—ready for immediate enjoyment. The Residences & Outbuildings The Main Log Cabin: Rich with cozy ambiance, the main home features an open floor plan with beamed ceilings, a main-floor primary bedroom, and priceless cedar-paneled walls sourced from the original owner’s sawmill. Cozy up by two efficient wood stoves, or enjoy the covered porch overlooking the water. Upstairs, two large bedrooms sleep six or more, complete with a custom Murphy bed and vintage accents. The Log Cabin Suite: A stunning studio suite featuring an indigenous stone fireplace, an exterior fireplace/sitting area with a built-in BBQ, and an ensuite boasting an original cast-iron bathtub. The Bunkie & Storage: A fantastic games room/teen hangout with a pull-out couch and historic memorabilia. This space holds incredible potential to be combined with the adjacent storage area into a third family cabin. The Acreage & Lifestyle Experience absolute privacy amidst natural forest and irrigated lawns where loons, eagles, deer, and moose roam. Positioned within an exclusive 6-property compound, you will enjoy the security of a shared caretaker and a reliable artesian well. Whether you choose to live here year-round on a maintained winter road and school bus route, or use it as an easy ""lock and leave"" summer escape, this property offers an unparalleled lakeside lifestyle. Explore! (id:63159)
Values & Trends
This listing
$310/sqft
Building average
—
No other active listings in this building
Summerland Rural average
$775/sqft
27 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
13°C
Partly Cloudy
Humidity 69%
Wind N calm km/h
Tonight
7°
Tuesday
26°
Tuesday night
12°
Wednesday
22°
Wednesday night
10°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
2,894
(2021 Census)
+2.3% since 2016
Density: 48.8/km²
Dwellings: 1,521
Median household income: $64,500
After-tax: $60,000
Immigrant population: 8.5%
Top countries of origin (% of total population)
- United Kingdom1.9% · 55
- United States of America1% · 30
- Germany0.9% · 25
- Philippines0.9% · 25
- Croatia0.3% · 10
- India0.3% · 10
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
No schools found within a reasonable distance of this property.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (1)
- Chain Lake West Recreation Site488 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($75,000) — 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.
