Property Type: Detached HouseOwnership: Freehold

4618 Ponderosa Drive

Peachland, BC V0H1X5

$1,549,000

5 bed5.5 bath8 parking4,124 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.97 acres
Frontage
513 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,047.52

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)
Fireplace type
Insert, Unknown
Flooring
Tile, Hardwood, Laminate

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Attached Garage, Additional Parking

Restrictions & Policies

Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Utility roomBasement5'4'' x 7'5''
GymLower level20'5'' x 19'4''
Laundry roomBasement7'7'' x 7'4''
StorageBasement12'6'' x 11'4''
Recreation roomBasement22' x 20'7''
2pc BathroomMain level6'6'' x 4'3''
6pc BathroomMain level12'1'' x 11'5''
Dining roomMain level12'6'' x 17'2''
Family roomMain level19'9'' x 20'7''
KitchenMain level12'4'' x 8'7''
Laundry roomMain level9' x 8'
Living roomMain level24' x 15'6''
Primary BedroomMain level17'7'' x 14'2''
StorageMain level11'5'' x 4'8''
4pc BathroomSecond level9'6'' x 7'7''
BedroomSecond level19'5'' x 11'3''
BedroomSecond level19'5'' x 11'3''
4pc BathroomBasement7'9'' x 8'7''
4pc Ensuite bathBasement7' x 10'9''
BedroomBasement10'1'' x 12'
BedroomBasement10'7'' x 11'4''

Listing Information

MLS®
10388494
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

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

Description

Perched on nearly an acre of prime Peachland land, this newly renovated 5 bedroom, 5 bathroom estate offers luxury living with breathtaking panoramic lake views. Designed for both comfort and entertaining, the home features expansive open-concept living spaces, new finishes throughout, and walls of windows that capture the stunning scenery from nearly every room. The updated kitchen flows seamlessly into the dining and living areas, while multiple outdoor spaces provide the perfect setting to relax and take in the views. A spacious 2 bedroom suite offers excellent flexibility for extended family, guests, or income potential. Additional highlights include an oversized home gym, gated driveway, ample parking, and exceptional privacy in a highly desirable setting. This is a rare opportunity to own a beautifully updated estate property that truly has it all. (id:63159)

Values & Trends

This listing

$376/sqft

Building average

No other active listings in this building

Peachland average

$510/sqft

66 active listing(s)

Parking: 8 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: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,789

(2021 Census)

+6.7% since 2016

Density: 359.6/km²

Dwellings: 2,936

Median household income: $81,000

After-tax: $72,500

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom5.7% · 330
  • Germany2.3% · 135
  • United States of America1.6% · 90
  • Netherlands0.8% · 45
  • Korea, South0.3% · 20
  • Viet Nam0.3% · 20
  • Italy0.3% · 15
  • China0.3% · 15

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Peachland ElementaryElementary1.3 km
Glenrosa Middle SchoolMiddle7.7 km
Webber Road ElementaryElementary7.9 km
Helen Gorman ElementaryElementary8.1 km
Glenrosa ElementaryElementary8.2 km
Our Lady of Lourdes(Independent)Elementary/Middle8.7 km
Shannon Lake ElementaryElementary11.5 km
Sensisyusten House of Learning(Independent)Elementary11.7 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: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($309,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,239,200.00
Periodic payment — Principal & Interest (monthly)$7,994.90
Additional monthly expenses (strata, tax, utilities, etc.)$626.63
Total monthly cost$8,621.52
Interest paid over 5-yr term$355,158.28
Balance at end of term$1,114,664.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$309,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,529.01

Cash Needed at Closing

Minimum down payment$309,800
Estimated BC PTT$28,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$340,280

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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