Property Type: Detached HouseOwnership: Freehold

5572 Oyama Lake Road

Oyama, BC V4V2C9

$1,690,000

4 bed2 bath26 parking2,780 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
77.74 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,109

Interior

Basement
Full
Heating
Forced air, See remarks, Other
Cooling / A/C
Wall unit, See Remarks
Fireplace
Yes (2)
Fireplace type
Free Standing Metal, Insert, Unknown
Flooring
Hardwood, Slate, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Metal, Unknown

Parking

Total spaces
26 — covered indicated
Features
Attached Garage, Detached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Living roomMain level16'1'' x 22'1''
Dining roomMain level16'1'' x 22'1''
KitchenMain level9'1'' x 12'7''
Primary BedroomMain level9'6'' x 13'11''
3pc BathroomMain level9'2'' x 8'8''
BedroomSecond level16'11'' x 19'7''
BedroomBasement16'3'' x 13'11''
BedroomBasement15'7'' x 14'0''
3pc BathroomBasement10'4'' x 9'0''
OtherBasement19'7'' x 45'5''
Laundry roomBasement5'5'' x 11'5''
Great roomBasement9'11'' x 16'9''
Utility roomBasement10'4'' x 10'9''

Listing Information

MLS®
10395169
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

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

Description

Discover an unparalleled retreat nestled within the stunning wilderness of Okanagan. This captivating property boasts 77+ acres of self-sufficient living surrounded by Crown land, offering breathtaking panoramic views of both Wood Lake and Kalamalka Lake. Outdoor enthusiasts are sure to find their paradise here, with an array of activities such as hiking, quadding, snowmobiling, horseback riding, dirt biking, and mountain biking. The prime location is just a 10-minute drive from Oyama, providing convenient access to nearby amenities. Unwind in front of the river rock fireplace with your favorite beverage and take in the serene ambiance. The attached oversized heated garage provides ample space for various uses. Adjacent to the house, a large workshop is ideal for all your storage needs. The property offers a network of trails and roads for leisurely strolls or thrilling adventures. Savor warm evenings on the deck, surrounded by the awe-inspiring natural beauty of the Okanagan. 8 panel solar system with room to add additional, 3,000g stainless cistern with 70lbs pressure based on gravity, well on property but have not ever used by current owners, diesel generator housed in its own building next to workshop. (id:63159)

Values & Trends

This listing

$608/sqft

Building average

No other active listings in this building

Lake Country East / Oyama average

$904/sqft

42 active listing(s)

Parking: 26 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: Vernon

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Oyama Traditional SchoolElementary2.4 km
Davidson Road ElementaryElementary9.6 km
Peter Greer ElementaryElementary9.8 km
George Elliot SecondarySecondary10.1 km
HS Grenda Middle SchoolMiddle10.3 km
Kidston ElementaryElementary13.6 km
Kalamalka SecondaryElementary13.8 km
Okanagan Landing ElementaryElementary14.0 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($338,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,352,000.00
Periodic payment — Principal & Interest (monthly)$8,722.65
Additional monthly expenses (strata, tax, utilities, etc.)$731.42
Total monthly cost$9,454.06
Interest paid over 5-yr term$387,487.09
Balance at end of term$1,216,128.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$338,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,396.41

Cash Needed at Closing

Minimum down payment$338,000
Estimated BC PTT$31,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$371,300

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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