5687 Somerset Avenue
Peachland, BC V0H1X4
$850,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Ranch
- Stories
- 2
- Lot size
- 0.52 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,114
Interior
- Heating
- Forced air, See remarks
- Fireplace
- Yes (2)
- Fireplace type
- Wood, Gas, Mixed, Conventional, Unknown, Unknown
- Flooring
- Tile, Laminate, Carpeted, Vinyl
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
- Lot features
- Private setting, Jacuzzi bath-tub, Three Balconies
Building
- Roof
- Asphalt shingle, Unknown
- Water source
- Municipal water
- Sewer
- Septic tank
- Parcel ID (PID)
- 008-266-123
Parking
- Total spaces
- 10 — uncovered indicated
- Features
- Additional Parking
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Lower level | 13' x 5'10'' |
| Other | Lower level | 5'6'' x 14'9'' |
| Recreation room | Lower level | 14'6'' x 31'9'' |
| Laundry room | Lower level | 7' x 9'3'' |
| Foyer | Lower level | 9'5'' x 6'7'' |
| Bedroom | Lower level | 10'11'' x 11'5'' |
| 3pc Bathroom | Lower level | 9'7'' x 6' |
| 2pc Bathroom | Main level | 8'7'' x 5'4'' |
| 4pc Ensuite bath | Main level | 7'10'' x 11'8'' |
| Primary Bedroom | Main level | 15'6'' x 12'5'' |
| Family room | Main level | 13'8'' x 17'6'' |
| Dining nook | Main level | 10'8'' x 9'5'' |
| Dining room | Main level | 15'6'' x 7'3'' |
| Living room | Main level | 15'6'' x 11'8'' |
| Kitchen | Main level | 10'8'' x 11'8'' |
Listing Information
- MLS®
- 10385411
- Listed
- May 1, 2026
- Time on market
- On the market for 122 days
- Data last synced
- September 1, 2026
Listing provided by: REMAX Kelowna · Data source: CREA DDF.
Description
REDUCED! Perched above the shimmering waters of Okanagan Lake in sought-after Peachland, this exceptional property offers breathtaking, unobstructed views stretching from Summerland to Kelowna. Tucked away on a quiet no-through road, the setting is remarkably private—perfect for those seeking peace, space, and a true connection to the natural surroundings. Designed to maximize its panoramic outlook, the home features multiple expansive decks and thoughtfully designed seating areas, ideal for entertaining or simply relaxing while soaking in the ever-changing lake and mountain vistas. Whether it’s sunrise coffee or sunset wine, every moment here is framed by spectacular scenery The property also boasts an incredibly large parking area with ample room to accommodate more than six RVs, making it a rare find for outdoor enthusiasts, collectors, or those who love to host family and friends and room to add a third bedroom if needed. A unique opportunity to own a private view property in the heart of the Okanagan—offering space, serenity, and endless potential (id:63159)
Values & Trends
This listing
$364/sqft
Building average
—
No other active listings in this building
Peachland average
$510/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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
3/9 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
| School | Type | Distance |
|---|---|---|
| Peachland Elementary | Elementary | 2.0 km |
| Glenrosa Middle School | Middle | 8.8 km |
| Webber Road Elementary | Elementary | 9.0 km |
| Helen Gorman Elementary | Elementary | 9.3 km |
| Glenrosa Elementary | Elementary | 9.4 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 9.7 km |
| Shannon Lake Elementary | Elementary | 12.6 km |
| Sensisyusten House of Learning(Independent) | Elementary | 12.7 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
Restaurants (5+)
- Peachland Sushi · 5818 Beach Avenue464 m
- Gasthaus on the Lake · 5790 Beach Avenue464 m
- Cibo & Vine Ristorante · 5842 Beach Avenue469 m
- Porto Peach · 5830 Beach Avenue471 m
- Ships A-Hoy · 5860 Beach Avenue481 m
Parks (4)
- Peachland Heritage Park512 m
- Unnamed577 m
- Cousins Park578 m
- Pentowna Park681 m
Pharmacies (1)
- Peachland Pharmacy · 5848 Beach Avenue465 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,000) — 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.