4221 Princeton-Summerland Road
Princeton, BC V0X1W0
$1,399,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2.5
- Lot size
- 1.04 acres
- Frontage
- 165 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,606.75
Interior
- Basement
- Full
- Heating
- Baseboard heaters, Stove, Electric, Wood
- Fireplace
- None
- Flooring
- Mixed Flooring
Exterior & Lot
- Exterior features
- Wood
- View
- Lake view, Mountain view
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 11
Restrictions & Policies
- Pets
- Allowed
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Partial bathroom | Main level | 3'7'' x 8'7'' |
| Full bathroom | Second level | 9'0'' x 9'6'' |
| Bedroom | Second level | 10'8'' x 13'0'' |
| Bedroom | Second level | 9'0'' x 26'0'' |
| 3pc Ensuite bath | Second level | 9'0'' x 7'0'' |
| Primary Bedroom | Second level | 12'0'' x 17'6'' |
| Kitchen | Main level | 15'0'' x 11'0'' |
| Living room | Main level | 14'0'' x 10'6'' |
Listing Information
- MLS®
- 10395791
- Listed
- July 24, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: LandQuest Realty Corp. (Interior) · Data source: CREA DDF.
Description
Escape to the peaceful lakeside community of Bankeir, nestled between Princeton and Summerland in the beautiful South Okanagan–Similkameen region. Surrounded by pristine forests, mountain scenery and a chain of crystal-clear lakes, this is a place where families have been creating lasting memories for generations. Despite its peaceful setting, Bankeir is a welcoming year-round community with approximately 40 full-time families. School bus service is available to Princeton, making the area suitable for both permanent residents and those seeking a recreational retreat. Lovingly designed by the same family over 40 years ago, this log home reflects exceptional craftsmanship and thoughtful planning throughout. While it has primarily served as a cherished family getaway, it was engineered for comfortable year-round living, with practical features that keep operating costs reasonable while standing up to both the hottest summers and coldest winters. Meticulously maintained since construction, the home is now ready for a new family to enjoy for generations to come. Offering approximately 2,900 square feet over three levels, the home features three bedrooms, two-and-a-half bathrooms, and a full basement housing the mechanical systems along with extensive unfinished storage for recreational equipment and seasonal gear. Warm wood interiors, generous living spaces and classic log construction create a timeless mountain-lake atmosphere that is both inviting and functional. (id:63159)
Values & Trends
This listing
$740/sqft
Building average
—
No other active listings in this building
Princeton Rural average
$507/sqft
22 active listing(s)
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
18°C
Partly Cloudy
Humidity 51%
Wind WNW 5 km/h
Tonight
7°
Tuesday
26°
Tuesday night
12°
Wednesday
22°
Wednesday night
10°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
2,894
(2021 Census)
+2.3% since 2016
Density: 48.8/km²
Dwellings: 1,521
Median household income: $64,500
After-tax: $60,000
Immigrant population: 8.5%
Top countries of origin (% of total population)
- United Kingdom1.9% · 55
- United States of America1% · 30
- Germany0.9% · 25
- Philippines0.9% · 25
- Croatia0.3% · 10
- India0.3% · 10
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
No schools found within a reasonable distance of this property.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (1)
- Osprey Lake North Recreation Site327 m
Nearby places data: © OpenStreetMap contributors.
School district: Nicola-Similkameen (SD58)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.