Property Type: Detached HouseOwnership: Freehold

418 Panorama Crescent

Okanagan Falls, BC V0H1R5

$899,000

4 bed4 bath4 parking3,322 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.43 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,902.5

Interior

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

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, RV

Room Dimensions

RoomLevelDimensions
Full bathroomBasement9'8'' x 5'3''
BedroomMain level15'11'' x 9'4''
Living roomMain level15'6'' x 19'11''
KitchenMain level10'11'' x 21'2''
Dining roomMain level15'10'' x 16'2''
4pc Ensuite bathMain level8'10'' x 7'7''
3pc BathroomMain level8'10'' x 5'9''
Laundry roomBasement14'9'' x 15'1''
StorageBasement4'11'' x 9'2''
Recreation roomBasement14'5'' x 23'4''
OtherBasement15' x 15'1''
BedroomBasement14'3'' x 13'3''
BedroomBasement14'3'' x 13'3''
Utility roomBasement10'7'' x 12'2''
3pc BathroomBasement4'9'' x 12'
Primary BedroomMain level12'10'' x 12'4''

Listing Information

MLS®
10384708
Listed
April 23, 2026
Time on market
On the market for 130 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Welcome to this spacious and inviting home offering over 3,300 sq ft of comfortable living, perfectly positioned to capture truly exceptional lake views. With 4 bedrooms, 4 bathrooms, and basement suite this property provides ample space for families, guests, or those seeking a flexible layout. The home’s exterior updates and strong curb appeal sets the tone and inside, you’ll find a thoughtfully updated main level featuring a refreshed kitchen and modern flooring, creating a warm and functional space for everyday living and entertaining. The single garage offers plenty of storage and there's room on the property for RV parking. An updated septic system adds peace of mind, while the home also presents an excellent opportunity for further updates and finishing touches to truly make it something special. The location is simply unbeatable offering privacy, breathtaking views, and the convenience of being just 10 minutes from Penticton. Whether you’re enjoying your morning coffee overlooking the lake, or hosting friends and family, this property delivers the Okanagan lifestyle in every sense. A rare combination of space, views, and opportunity, this is one you won’t want to miss. (id:63159)

Values & Trends

This listing

$271/sqft

Building average

No other active listings in this building

Eastside/Lkshr Hi/Skaha Est average

$510/sqft

12 active listing(s)

Parking: 4 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

Nearest station: Penticton

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.

Nearby Schools

SchoolTypeDistance
Kaleden ElementaryElementary2.7 km
Okanagan Falls ElementaryElementary3.9 km
Princess Margaret SecondarySecondary9.7 km
Wiltse ElementaryElementary10.6 km
Columbia ElementaryElementary12.2 km
Holy Cross School(Independent)Elementary/Middle12.3 km
Penticton Christian School(Independent)K-1212.7 km
Entre-lacsElementary/Middle12.8 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$491.21
Total monthly cost$5,131.24
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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