Property Type: Land / LotOwnership: Freehold

495 Bear Creek Road

West Kelowna, BC V1Y8B2

$750,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
10.27 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,359.01

Interior

Fireplace
None

Listing Information

MLS®
10390915
Listed
June 9, 2026
Time on market
On the market for 83 days
Data last synced
August 28, 2026

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

Description

This is an exceptional, one-of-a-kind property. This is not a drive-by listing. This property offers multiple premium building sites, all with unobstructed, breathtaking mountain views. While the landscape was profoundly changed by the 2023 wildfire, it has inadvertently cleared the gorgeous panoramic view and opened the property to unlimited future potential. The land has been logged and is ready for whatever you can dream up. Let your imagination run wild. Bordering on Bear Creek and the canyon edge, the unique shape secures areas of absolute privacy. Future building sites shielded from the road offer maximum seclusion. The property includes 800 feet of private boundary along Bear Creek, a rare and special bonus to enjoy. Cool off in the summer, fish, or try your hand at gold panning. Crown land on 3 sides ensures boundless natural space and immediate access to trails. The property features a large 2000 sq. Ft. Shop with 400 amp service already on site. At the far back, mature trees remain, impressive natural rock formations add visual interest and foreground to the exceptional view of the valley and Little White Mountain. Impressive rock work remains around the previous build site, defining the different levels of the yard space and inspiring future possibilities. All of this and just 15 minutes into town, marina and beach. Schedule your private tour today! (id:63159)

Location Insights

Weather

Nearest station: Kelowna

Clear

12°C

Clear

Humidity 88%

Wind ENE 5 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

36,078

(2021 Census)

+10.5% since 2016

Density: 295.5/km²

Dwellings: 14,746

Median household income: $99,000

After-tax: $87,000

Immigrant population: 13.5%

Top countries of origin (% of total population)

  • United Kingdom2.9% · 1,040
  • Germany1.3% · 485
  • United States of America1% · 350
  • Philippines0.7% · 260
  • Poland0.6% · 200
  • Netherlands0.5% · 190
  • India0.5% · 190
  • South Africa, Republic of0.4% · 145

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Rose Valley ElementaryElementary7.0 km
The Balsam School(Independent)Elementary7.8 km
Mar Jok ElementaryElementary8.4 km
Watson Road ElementaryElementary8.5 km
North Glenmore ElementaryElementary8.6 km
Bankhead ElementaryElementary8.7 km
Dr Knox Middle SchoolMiddle9.0 km
Central School ProgramsK-129.0 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: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (strata, tax, utilities, etc.)$113.25
Total monthly cost$3,984.25
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

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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