5286 Buchanan Road
Peachland, BC V0H1X1
$899,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.49 acres
- Frontage
- 132 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,488
Interior
- Basement
- Partial
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Laminate, Carpeted, Linoleum
Exterior & Lot
- Exterior features
- Wood siding
- View
- Lake view
Building
- Foundation
- Block
- Roof
- Asphalt shingle, Tar & gravel, Unknown
Parking
- Total spaces
- 8 — covered indicated
- Features
- Carport
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Den | Main level | 17'3'' x 7'9'' |
| Dining room | Main level | 10' x 12'2'' |
| 3pc Bathroom | Main level | 4'11'' x 10'6'' |
| Bedroom | Main level | 11'5'' x 11'7'' |
| 3pc Ensuite bath | Main level | 7'2'' x 7'3'' |
| Primary Bedroom | Main level | 11'5'' x 18'9'' |
| Living room | Main level | 19'8'' x 13'6'' |
| Kitchen | Main level | 15'10'' x 12'3'' |
Listing Information
- MLS®
- 10384221
- Listed
- April 20, 2026
- Time on market
- On the market for 133 days
- Data last synced
- August 28, 2026
Listing provided by: Stilhavn Real Estate Services · Data source: CREA DDF.
Description
BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps. (id:63159)
Values & Trends
This listing
$612/sqft
Building average
—
No other active listings in this building
Peachland average
$506/sqft
66 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
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
| School | Type | Distance |
|---|---|---|
| Peachland Elementary | Elementary | 1.3 km |
| Glenrosa Middle School | Middle | 5.6 km |
| Webber Road Elementary | Elementary | 5.7 km |
| Glenrosa Elementary | Elementary | 6.2 km |
| Helen Gorman Elementary | Elementary | 6.3 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 6.3 km |
| Shannon Lake Elementary | Elementary | 9.2 km |
| Sensisyusten House of Learning(Independent) | Elementary | 9.3 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($64,990) — 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.