Property Type: Detached HouseOwnership: Freehold

5288 Clarence Road

Peachland, BC V0H1X2

$765,000

3 bed3 bath3 parking1,848 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,823

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
3 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomLower level5'3'' x 8'8''
OtherLower level13'10'' x 11'4''
4pc Ensuite bathLower level5'2'' x 7'10''
BedroomLower level12'8'' x 10'11''
FoyerLower level8'1'' x 9'2''
Family roomLower level16'7'' x 13'3''
Laundry roomMain level5'4'' x 8'2''
4pc BathroomMain level5'1'' x 8'1''
BedroomMain level10'0'' x 12'4''
3pc Ensuite bathMain level4'11'' x 8'1''
Primary BedroomMain level12'2'' x 11'0''
Living roomMain level14'0'' x 12'10''
Dining roomMain level11'2'' x 9'2''
KitchenMain level13'5'' x 13'0''

Listing Information

MLS®
10392449
Listed
June 23, 2026
Time on market
On the market for 69 days
Data last synced
August 28, 2026

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

Description

Welcome to this beautifully maintained 3-bed | 3-bath home offering lovely lake and mountain views, along with enjoyable outdoor living space in Peachland—proudly known as Canada’s “Kindest Community.” Thoughtfully updated, this home features an inviting open-concept layout with a cozy gas fireplace, built-in cabinetry, and picturesque lake views. The updated kitchen showcases granite countertops, stainless steel appliances, and seamless flow into the dining and living areas—perfect for both everyday living and entertaining. The main-floor primary suite offers a 3-piece ensuite with a new walk-in shower and quartz countertops. The lower level provides excellent flexibility with a spacious family room featuring a second gas fireplace, a den with ensuite, and additional living space for hobbies. Step outside to enjoy the covered front deck with aheater—perfect for year-round use—along with a spacious backyard, patio, and deck complete with a fire table, offering beautiful lake views andan Okanagan lifestyle. Additional highlights include a newer furnace and hot water tank (2024), roof (2015), underground irrigation, a single garage, and a 0.21-acre lot. Ideally located just minutes from beaches, wineries, and everyday amenities. (id:63159)

Values & Trends

This listing

$414/sqft

Building average

No other active listings in this building

Peachland average

$509/sqft

66 active listing(s)

Parking: 3 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Peachland ElementaryElementary1.3 km
Glenrosa Middle SchoolMiddle5.6 km
Webber Road ElementaryElementary5.7 km
Glenrosa ElementaryElementary6.2 km
Helen Gorman ElementaryElementary6.3 km
Our Lady of Lourdes(Independent)Elementary/Middle6.4 km
Shannon Lake ElementaryElementary9.3 km
Sensisyusten House of Learning(Independent)Elementary9.4 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.

Nearby Places

Parks (1)

  • Chevalier Park695 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($51,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$612,000.00
Periodic payment — Principal & Interest (monthly)$3,948.42
Additional monthly expenses (strata, tax, utilities, etc.)$410.58
Total monthly cost$4,359.00
Interest paid over 5-yr term$175,400.96
Balance at end of term$550,495.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,486.57

Cash Needed at Closing

Minimum down payment$51,500
Estimated BC PTT$13,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,300

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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