Property Type: Detached HouseOwnership: Freehold

538 Lakeview Place

Oliver, BC V0H1T4

$634,900

3 bed2 bath2,224 sqftBuilt 1976
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.28 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,215.45

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Building

Roof
Metal, Unknown

Parking

Features
Carport, Street, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomLower level9'6'' x 12'7''
4pc BathroomLower level
BedroomLower level9'9'' x 10'
OfficeLower level8'1'' x 12'6''
KitchenLower level5'9'' x 12'10''
Dining roomLower level10'11'' x 12'10''
Family roomLower level12'9'' x 23'8''
Primary BedroomSecond level10'11'' x 10'10''
4pc BathroomMain level
BedroomMain level9'10'' x 14'1''
Living roomMain level12'7'' x 25'5''
Dining roomMain level9'9'' x 11'
KitchenMain level9'11'' x 14'10''

Listing Information

MLS®
10396656
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Some homes simply have a feeling...and this is one of them. Nestled on a quiet cul-de-sac only one block from Tucelnuit Lake and Rotary Beach, this unique log home retreat in the heart of wine country offers warmth and character that’s hard to find. Walk to the elementary school, spend afternoons at the beach, enjoy nearby wineries and golf, and come home to your backyard oasis. Set well back from the street, this fully fenced property boasts mature fruit trees, lush irrigated landscaping, established gardens, and exceptional privacy. Relax in the hot tub, cool off in the pool, harvest your kitchen garden, or take in stunning mountain and golf course views from the expansive deck. Inside, soaring vaulted ceilings, impressive log construction, oversized windows, and a floor-to-ceiling fieldstone fireplace wall create a home that's both spacious and inviting. The sun-filled, open-concept layout is perfect for everyday living and entertaining. The lofted primary retreat is complemented by a generous second bedroom and an updated family bath with convenient main-floor laundry. The bright walk-out lower level provides incredible flexibility with its own kitchen, living and dining area, office or den, sleeping area, full bathroom, laundry, and separate entrance—ideal for extended family, guests, or rental income. Combining character, privacy, and a fantastic location, this home is a unique opportunity to embrace the Okanagan lifestyle. All dimensions approximate. Buyer to verify. (id:63159)

Values & Trends

This listing

$285/sqft

Building average

No other active listings in this building

Oliver average

$436/sqft

101 active listing(s)

Parking: Not indicatedStorage 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: Osoyoos

23°C

Humidity 43%

Wind S 7 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

5,094

(2021 Census)

+3.4% since 2016

Density: 927.9/km²

Dwellings: 2,445

Median household income: $68,500

After-tax: $62,400

Immigrant population: 18.9%

Top countries of origin (% of total population)

  • India5.4% · 275
  • United Kingdom2.4% · 120
  • United States of America1.3% · 65
  • Portugal1.2% · 60
  • Germany1.1% · 55
  • El Salvador0.9% · 45
  • Philippines0.8% · 40
  • Netherlands0.6% · 30

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
Tuc-el-Nuit ElementaryElementary1.3 km
Oliver ElementaryElementary1.4 km
Southern Okanagan SecondarySecondary1.4 km
Southern Okanagan AltSecondary1.4 km
Senpaq'cin School(Independent)Elementary1.8 km
Cawston Primary SchoolElementary16.0 km
Okanagan Falls ElementaryElementary16.9 km
Osoyoos ElementaryElementary18.9 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)

  • Lion's Park · 6607 Station Street731 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($38,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$507,920.00
Periodic payment — Principal & Interest (monthly)$3,276.93
Additional monthly expenses (strata, tax, utilities, etc.)$378.95
Total monthly cost$3,655.88
Interest paid over 5-yr term$145,571.33
Balance at end of term$456,875.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,586.18

Cash Needed at Closing

Minimum down payment$38,490
Estimated BC PTT$10,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,688

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.

Request more information