Property Type: Detached HouseOwnership: Freehold

3948 Valleyview Road

Penticton, BC V2A8V8

$1,599,000

4 bed3 bath5 parking3,021 sqftBuilt 1986
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
2 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,155.36

Interior

Basement
Full
Heating
Heat Pump, Forced air, See remarks, Other
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Brick, Stucco
View
Lake view, Mountain view, Valley view, View (panoramic)
Pool
Pool, Inground pool, Outdoor pool

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
5 — covered indicated
Features
Attached Garage, Detached Garage, Heated Garage

Room Dimensions

RoomLevelDimensions
OtherSecond level9' x 11'11''
4pc BathroomSecond level6' x 8'5''
BedroomSecond level11'10'' x 11'11''
BedroomSecond level11'9'' x 13'4''
5pc Ensuite bathSecond level11'9'' x 11'9''
Primary BedroomSecond level13'2'' x 20'8''
BedroomMain level11'5'' x 11'7''
3pc BathroomMain level6'7'' x 8'11''
Laundry roomMain level6'6'' x 12'1''
Family roomMain level10'3'' x 13'1''
Dining roomMain level16'3'' x 21'6''
Living roomMain level14' x 17'
KitchenMain level15'1'' x 22'8''

Listing Information

MLS®
10378387
Listed
March 9, 2026
Time on market
On the market for 175 days
Data last synced
August 28, 2026

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

Description

Welcome to Valleyview Road, a pristine stretch of countryside mere minutes into town or to Skaha Lake beach & Park! This private oasis sits on 2 acres of gorgeous landscaped & fenced yard with nature-scaped surroundings. Complete with a stunning pool brand new in 2024, this 3021 sqft home has an attached triple-car garage, four bedrooms, three bathrooms, valley views & privacy, plus an ideal family layout. The main floor & mechanical of the home was redone in 2018 by Jillian Harris as part of the hit tv show Love It Or List It Vancouver! As your enter the spacious foyer you’ll see the gorgeous hardwood floors, detail moulding, custom storage built-ins, massive living room full of options & the open-plan layout flowing into the beautiful dining room. The show stopper kitchen was all new in 2018; with white perimeter cabinets & accent island color, quartz counters, double wall-ovens & ample natural light, it looks right out of a magazine. The hardwood flows through this area into the adjacent family room overlooking the pool yard. There are multiple points of access to the back yard through French doors opening onto patios and decks in every direction. The main floor is finished off with a 4th bedroom, laundry, & guest bathroom. Upstairs are 2 great sized kids rooms & bathroom, a nook perfect for an office or library, & the spacious primary suite complete with ensuite bathroom & gorgeous walk-in closet. The pool area is an absolute dream for entertaining or family fun. This package can not be beat! (id:63159)

Values & Trends

This listing

$529/sqft

Building average

No other active listings in this building

Wiltse/Valleyview average

$380/sqft

22 active listing(s)

Parking: 5 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

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.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Princess Margaret SecondarySecondary1.7 km
Wiltse ElementaryElementary2.4 km
Holy Cross School(Independent)Elementary/Middle4.1 km
Columbia ElementaryElementary4.2 km
Penticton Christian School(Independent)K-124.6 km
Entre-lacsElementary/Middle4.7 km
Penticton SecondarySecondary4.9 km
Secondaire de PentictonSecondary4.9 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-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$997.28
Total monthly cost$9,250.24
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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.

Request more information