Property Type: OtherOwnership: Freehold

3803 MCLEAN CREEK Road

Okanagan Falls, BC V0H1R1

$2,950,000

5 bed2 bath3,071 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
Other
Stories
2
Lot size
28.44 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$5,157.83

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

Pool
Above ground pool

Building

Roof
Metal, Unknown

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement
BedroomBasement12'7'' x 11'5''
BedroomBasement12'7'' x 9'10''
BedroomBasement12'7'' x 9'10''
BedroomBasement12'11'' x 10'5''
Living roomBasement19'0'' x 20'1''
Primary BedroomMain level19'1'' x 15'7''
4pc BathroomMain level
Laundry roomMain level9'1'' x 7'7''
Family roomMain level19'1'' x 29'4''
KitchenMain level19'1'' x 14'1''

Listing Information

MLS®
10352124
Listed
June 13, 2025
Time on market
On the market for 444 days
Data last synced
August 28, 2026

Listing provided by: Canada Flex Realty Group · Data source: CREA DDF.

Description

Exceptional Multi-Use Acreage with High-Power Infrastructure – 3803 McLean Creek Rd, Okanagan Falls Unlock the full potential of this rare 28+ acre property nestled in the heart of Okanagan Falls. Formerly operated as an indoor equestrian arena, this versatile property offers an array of opportunities for agricultural, residential or recreational ventures — all supported by a massive 1500 kVA 3-phase power, a unique and valuable infrastructure asset rarely found in rural properties. The property contains a large 3000 sq ft residence, thoughtfully integrated into the front of the primary building. Ideal for live/work flexibility, this spacious home offers direct access to the expansive indoor bay, that is approximately 27,000 sq ft with numerous framed in interior rooms, or future operational space. The property boasts approximately 10 acres of flat, usable land, ideal for further development use. Whether you're looking to develop a state-of-the-art agri-business, operate a unique event or training facility, or simply live and work in a serene setting with powerful utility capabilities, this property presents unmatched potential. Duplicate Listing #10352001 - Single Family (id:63159)

Values & Trends

This listing

$961/sqft

Building average

No other active listings in this building

Kaleden/Okanagan Falls Rural average

$396/sqft

2 active listing(s)

Parking: Not indicatedStorage 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

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 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
Okanagan Falls ElementaryElementary3.8 km
Kaleden ElementaryElementary5.1 km
Princess Margaret SecondarySecondary11.4 km
Wiltse ElementaryElementary12.1 km
Columbia ElementaryElementary13.6 km
Holy Cross School(Independent)Elementary/Middle13.9 km
Entre-lacsElementary/Middle14.3 km
Penticton Christian School(Independent)K-1214.4 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: Okanagan-Similkameen (SD53)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

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.)$583.82
Total monthly cost$15,809.74
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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