6040 Gerrie Road Lot# 23
Peachland, BC V0H1X4
$389,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.23 acres
- Frontage
- 55 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,696.52
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
Listing Information
- MLS®
- 10389063
- Listed
- May 27, 2026
- Time on market
- On the market for 96 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Horizon Realty · Data source: CREA DDF.
Description
OVER $100K BELOW ASSESSED VALUE — Build Your Dream Home in Peachland! An exceptional opportunity to secure a premium view lot in one of the Okanagan's most charming lakeside communities - Peachland. Lot 23 at 6040 Gerrie Road is ideally configured for a rancher with a walkout (daylight) basement — a highly sought-after layout that maximizes both main-floor living and the stunning natural surroundings. Nestled in a quiet, established neighbourhood, this lot enjoys a beautifully contrasting setting: mountain and hilltop views on one side, while sweeping Okanagan Lake and valley views unfold on the lower side. Whether you're sipping morning coffee on the main level or stepping out from the lower walk-out, the scenery is yours in every direction. The charming town of Peachland is just a 5-minute drive away, where flat lakeside pathways, local cafes, restaurants, and a welcoming community await. With the lot priced well below assessed value, this is one of the best opportunities in the area to build exactly the home you've always envisioned. Don't miss your chance to own a piece of the Okanagan lifestyle. ** Please view the SURVEY CERTIFICATE, as the photo showing the lot line overlay is only to give an idea of the lot location, this is not shown to size, or to scale. (id:63159)
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 | 3.1 km |
| Glenrosa Middle School | Middle | 9.9 km |
| Webber Road Elementary | Elementary | 10.0 km |
| Helen Gorman Elementary | Elementary | 10.2 km |
| Glenrosa Elementary | Elementary | 10.4 km |
| Our Lady of Lourdes(Independent) | Elementary/Middle | 10.8 km |
| Shannon Lake Elementary | Elementary | 13.6 km |
| Sensisyusten House of Learning(Independent) | Elementary | 13.8 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: 5.0% ($19,450) — 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.