Property Type: Land / LotOwnership: Freehold

4400 MCLEAN CREEK Road Unit# 161 Lot# 28

Okanagan Falls, BC V0H1R6

$240,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.22 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$135/mo
Annual property tax
$876.06

Maintenance Fee Includes

WaterManagement

Also included: Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Other

Listing Information

MLS®
10382699
Listed
April 15, 2026
Time on market
On the market for 138 days
Data last synced
August 28, 2026

Listing provided by: Skaha Realty Group Inc. · Data source: CREA DDF.

Description

Welcome to the desirable Bighorn Estates. One of Okanagan Falls Premier neighbourhoods. Bring your own builder to this large vacant lot that backs on to nature at it's finest. the property is being offered well below assessed value. The gated neighbourhood is close to the center of OK Falls and just a few minutes down the hill to beautiful Skaha Lake with the beach, park and boat launch ready for your Okanagan fun! Central starting point to the Okanagan Wine Trail with top class wineries in every direction. Also amazing Golf Courses just 20 minutes south and to the north. Short 15 minute drive to Penticton, it's time to get started building your dream home in the Sunny Okanagan! Call listing agent for more details or your other favourite agent. (id:63159)

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
Okanagan Falls ElementaryElementary1.1 km
Kaleden ElementaryElementary5.8 km
Princess Margaret SecondarySecondary13.5 km
Wiltse ElementaryElementary14.4 km
Columbia ElementaryElementary16.0 km
Holy Cross School(Independent)Elementary/Middle16.1 km
Penticton Christian School(Independent)K-1216.5 km
Entre-lacsElementary/Middle16.6 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$192,000.00
Periodic payment — Principal & Interest (monthly)$1,238.72
Additional monthly expenses (strata, tax, utilities, etc.)$208.01
Total monthly cost$1,446.72
Interest paid over 5-yr term$55,027.75
Balance at end of term$172,704.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,753.24

Cash Needed at Closing

Minimum down payment$12,000
Estimated BC PTT$2,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,300

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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