Property Type: Land / LotOwnership: Freehold

3548 Arrowroot Drive

Kelowna, BC V1V3G2

$1,449,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$50/mo
Annual property tax
$5,458.85

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10396754
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna - Stone Sisters · Data source: CREA DDF.

Description

A rare opportunity to build your dream home on one of McKinley Beach's most coveted waterfront parcels. Offering approximately 0.20 acres, this exceptional homesite enjoys an unobstructed connection to Okanagan Lake, with no road or public beach separating the property from the shoreline. As the northernmost lot on the street, one side borders open space with no neighbour, offering added privacy. The result is a remarkable sense of privacy, uninterrupted lake views & an ever-changing waterfront backdrop that will define your future home. Whether you envision a striking contemporary residence or a timeless lakeside retreat, this property provides the perfect canvas to bring your vision to life while embracing one of Kelowna's most desirable lifestyles. McKinley Beach is renowned for its resort-inspired amenities & spectacular natural setting. Residents enjoy access to the exclusive Our Place amenity centre featuring an indoor pool, hot tub, fitness centre, sauna & yoga studio, along with tennis, pickleball & basketball courts, community gardens, an extensive network of scenic hiking & walking trails, a private marina, beautiful beach, swim docks & endless opportunities to enjoy Okanagan Lake. Just minutes from Kelowna International Airport, UBCO, wineries, golf courses & downtown Kelowna, McKinley Beach offers an exceptional balance of peaceful lakefront living & everyday convenience. Create a home that reflects your vision in a community where architecture, nature & the Okanagan lifestyle come together. Opportunities to secure a waterfront homesite of this calibre are increasingly rare. (id:63159)

Location Insights

Weather

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

144,576

(2021 Census)

+13.5% since 2016

Density: 682.4/km²

Dwellings: 67,115

Median household income: $82,000

After-tax: $73,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom2.1% · 3,055
  • India1.6% · 2,335
  • Philippines1.1% · 1,620
  • Germany1.1% · 1,540
  • United States of America1% · 1,375
  • China0.7% · 960
  • Poland0.4% · 585
  • South Africa, Republic of0.4% · 525

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
HS Grenda Middle SchoolMiddle5.5 km
George Elliot SecondarySecondary5.6 km
Peter Greer ElementaryElementary6.1 km
Davidson Road ElementaryElementary6.7 km
North Glenmore ElementaryElementary6.9 km
Aberdeen Hall Preparatory School(Independent)K-127.0 km
Dr Knox Middle SchoolMiddle7.6 km
Watson Road ElementaryElementary8.7 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($119,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,159,920.00
Periodic payment — Principal & Interest (monthly)$7,483.41
Additional monthly expenses (strata, tax, utilities, etc.)$504.90
Total monthly cost$7,988.31
Interest paid over 5-yr term$332,436.41
Balance at end of term$1,043,351.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$119,990
Stress test qualifying rate8.09%
Payment you must qualify for$10,226.54

Cash Needed at Closing

Minimum down payment$119,990
Estimated BC PTT$26,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,488

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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