Property Type: Land / LotOwnership: Freehold

4980 Trepanier Road

Peachland, BC V0H1X2

$2,499,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
31.7 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,712.3

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, River view, Ravine view, View (panoramic)
Waterfront
Waterfront on stream

Listing Information

MLS®
10381475
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: REMAX Kelowna · Data source: CREA DDF.

Description

An exceptional canvas in the heart of Peachland—31.7 acres offering rare versatility and long-term potential, with stunning views of the lake and surrounding mountains. Approx 21.39 acres are in the ALR, providing thoughtfully prepared farmland that has been carefully filled and contoured—ideal for a vineyard, orchard, or equestrian use. The remaining 10.3 acres lie outside the ALR and may offer future subdivision potential, to be verified by the buyer. Water is accessible via the Trepanier Ditch Water Users Community, with an allocation of approximately 51.67 acre-feet for irrigation and 500 gallons per day for domestic use. Set among prestigious estate properties in a highly sought-after neighbourhood, this parcel blends lifestyle appeal with strong investment upside. Significant groundwork has already been completed toward a potential subdivision, with efforts to date primarily focused on severing one estate acreage; there may be potential to further subdivide the non-ALR portion into more than one lot through a different avenue or further down the road. The property has attracted interest from wineries looking to establish vineyard plantings. Multiple stunning build sites take full advantage of the peaceful setting, with the property backing onto scenic Trepanier Creek. Whether you’re a grower, investor, or envisioning a dream estate, this is a truly rare offering. Information deemed reliable not guaranteed or warranted by Seller or listing agents. (id:63159)

Location Insights

Weather

Nearest station: Summerland

16°C

Humidity 59%

Wind W 8 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 ElementaryElementary1.5 km
Glenrosa Middle SchoolMiddle6.0 km
Webber Road ElementaryElementary6.2 km
Helen Gorman ElementaryElementary6.3 km
Glenrosa ElementaryElementary6.5 km
Our Lady of Lourdes(Independent)Elementary/Middle7.1 km
Shannon Lake ElementaryElementary9.8 km
Sensisyusten House of Learning(Independent)Elementary10.1 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% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$309.36
Total monthly cost$13,207.52
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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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