Property Type: Detached HouseOwnership: Freehold

400 Inkster Road

Vernon, BC V1H1L2

$3,499,000

6 bed3 bath2 parking3,129 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
3 acres
Frontage
317 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$16,019.74

Interior

Basement
Full
Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Cedar Siding
View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomBasement11'6'' x 22'4''
DenBasement15'0'' x 17'3''
StorageBasement7'6'' x 10'5''
3pc BathroomBasement7'7'' x 11'2''
BedroomBasement22'4'' x 11'6''
BedroomBasement13'5'' x 10'1''
Recreation roomBasement17'4'' x 22'11''
BedroomMain level9'7'' x 10'3''
BedroomMain level9'7'' x 10'1''
3pc Ensuite bathMain level7'2'' x 5'3''
OtherMain level4'8'' x 6'2''
Primary BedroomMain level14'1'' x 17'9''
3pc BathroomMain level7'4'' x 7'
FoyerMain level7'5'' x 6'10''
Laundry roomMain level7'6'' x 7'
Living roomMain level17'10'' x 23'2''
KitchenMain level22'11'' x 16'

Listing Information

MLS®
10392701
Listed
June 25, 2026
Time on market
On the market for 67 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Okanagan-Letnick Estates · Data source: CREA DDF.

Description

Set along a private stretch of Okanagan Lake, this remarkable waterfront estate spans 3 acres and boasts an extraordinary 490 feet of pristine shoreline. Tucked away on an exclusive private road shared by only two neighbouring residences, the property offers a rare sense of privacy and tranquillity in one of the Okanagan’s most coveted lakefront settings. The fully renovated 6-bedroom, 3-bathroom residence is thoughtfully positioned to capture breathtaking lake views and effortless indoor-outdoor living. A private beach and dock provide direct access to the lake, creating an exceptional setting for boating, entertaining, and enjoying the lake's natural beauty throughout the seasons. Designed for both refined living and relaxed gatherings, the home balances sophistication with comfort, making it equally suited as a year-round residence or an extraordinary Okanagan retreat. The expansive acreage offers space for a future detached shop and self-contained guest accommodation with stunning lake views, ideal for extended family, visitors, or additional revenue opportunities. With significant shoreline, usable land, and development potential, this property is of exceptional scale and versatility. Offering an increasingly rare combination of privacy, waterfront, and acreage, this stunning Okanagan Lake estate is a place to be enjoyed today and treasured for generations to come. (id:63159)

Values & Trends

This listing

$1,118/sqft

Building average

No other active listings in this building

Okanagan Landing average

$753/sqft

34 active listing(s)

Parking: 2 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

16°C

Humidity 69%

Wind ESE 14 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Oyama Traditional SchoolElementary8.2 km
Okanagan Landing ElementaryElementary10.8 km
Davidson Road ElementaryElementary12.9 km
Ellison ElementaryElementary13.3 km
Clarence Fulton SecondaryElementary13.5 km
Kidston ElementaryElementary14.8 km
George Elliot SecondarySecondary15.2 km
Mission Hill ElementaryElementary15.2 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: Vernon (SD22)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($699,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,799,200.00
Periodic payment — Principal & Interest (monthly)$18,059.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,490.98
Total monthly cost$19,550.47
Interest paid over 5-yr term$802,258.77
Balance at end of term$2,517,889.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$699,800
Stress test qualifying rate8.09%
Payment you must qualify for$21,524.87

Cash Needed at Closing

Minimum down payment$699,800
Estimated BC PTT$92,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$794,250

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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