4589 Lakeside Road
Penticton, BC V2A8W4
$2,450,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.23 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,760.72
Interior
- Heating
- Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco
- View
- Lake view, Mountain view
- Waterfront
- Waterfront on lake
Building
- Roof
- Tar & gravel, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Detached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 8'7'' x 10'4'' |
| 3pc Bathroom | Main level | 4'1'' x 11'1'' |
| Bedroom | Main level | 10'9'' x 9'7'' |
| Bedroom | Main level | 9'1'' x 12'2'' |
| Bedroom | Main level | 13'7'' x 8'0'' |
| Dining room | Main level | 12'0'' x 9'0'' |
| Family room | Main level | 13'0'' x 16'0'' |
| Kitchen | Main level | 12'0'' x 13'10'' |
| Laundry room | Main level | 8'0'' x 6'0'' |
| Living room | Main level | 14'0'' x 22'6'' |
| Primary Bedroom | Main level | 14'2'' x 12'2'' |
Listing Information
- MLS®
- 10383027
- Listed
- April 10, 2026
- Time on market
- On the market for 143 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Locations West · Data source: CREA DDF.
Description
Lakeside Living on Skaha Lake – A Rare Opportunity Welcome to your opportunity to create lifelong memories in this beautifully maintained lakefront home. Situated on the shores of Skaha Lake, this charming property offers 60 feet of sandy beachfront and a lush, landscaped yard leading to a spacious patio perfect for relaxing and enjoying breathtaking lake views. This well-cared-for home features 4 bedrooms, 2 bathrooms, with a bonus room that can be used as a 5th bedroom, and a generous family room ideal for gatherings. The residence has been thoughtfully updated over the years with modernized bathrooms, an updated kitchen, and elegant hardwood flooring throughout the main living areas. Recent upgrades include a new air conditioning unit, professionally designed landscaping, and a brand-new dock, providing the ultimate setting for summer recreation and lakeside entertaining. Additional features include a 23.5' x 24' detached double garage and ample space for RV or boat parking. (id:63159)
Values & Trends
This listing
$1,269/sqft
Building average
—
No other active listings in this building
Main South average
$585/sqft
24 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
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
| School | Type | Distance |
|---|---|---|
| Princess Margaret Secondary | Secondary | 3.1 km |
| Wiltse Elementary | Elementary | 4.1 km |
| Kaleden Elementary | Elementary | 5.4 km |
| Holy Cross School(Independent) | Elementary/Middle | 5.7 km |
| Columbia Elementary | Elementary | 5.9 km |
| Penticton Christian School(Independent) | K-12 | 6.1 km |
| Entre-lacs | Elementary/Middle | 6.3 km |
| Penticton Secondary | Secondary | 6.4 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($490,000) — 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.