Property Type: Detached HouseOwnership: Freehold

6148 Lipsett Avenue

Peachland, BC V0H1X7

$1,099,900

4 bed3.5 bath4 parking2,381 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.25 acres
Frontage
83 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

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

Exterior & Lot

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

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
Mud roomMain level13'5'' x 3'11''
OtherSecond level9'2'' x 10'3''
Primary BedroomSecond level19'6'' x 15'3''
KitchenSecond level14'3'' x 14'1''
Living roomSecond level22'8'' x 13'10''
Dining roomSecond level10'5'' x 14'1''
5pc Ensuite bathSecond level14'4'' x 11'0''
2pc BathroomSecond level7'2'' x 6'4''
OtherMain level19'10'' x 24'9''
Utility roomMain level8'4'' x 5'4''
Laundry roomMain level8'4'' x 5'3''
BedroomMain level11'1'' x 13'4''
BedroomMain level10'10'' x 13'5''
BedroomMain level10'3'' x 11'2''
4pc BathroomMain level5'11'' x 9'7''

Listing Information

MLS®
10377250
Listed
April 1, 2026
Time on market
On the market for 152 days
Data last synced
August 28, 2026

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

Description

Perched to capture panoramic lake views from every level, this impressive 2011 custom-built home offers 2,447 sq. ft. of refined living space and exceptional craftsmanship throughout. A dramatic 20-foot grand entry welcomes you inside, where sunlight filters through authentic leaded glass windows. The upper level features an open-concept design with living and dining areas centered around a custom kitchen complete with a large island, gas range, and built-in wine fridge. An oversized stone gas fireplace anchors the living room, while French doors open to a covered patio surrounded by professional landscaping and uninterrupted lake views. The patio connects to a private gazebo with hot tub, perfect for relaxing and entertaining. The spa-inspired ensuite includes a glass shower, custom cabinetry, corner soaker tub, and private water closet, along with a spacious walk-in closet and laundry chute. Downstairs offers three generously sized bedrooms — each with lake views — and a full bathroom, ideal for family or guests. Additional highlights include a spacious garage with workbench and storage, custom paver stone driveway, striking stone exterior, and a six-zone irrigation system protecting the beautifully maintained landscaping. Enjoy morning sun from one of three front decks and evening sunsets from the hot tub. Located in sought-after Peachland, this exceptional home is just minutes from waterfront shops, dining, and small-town charm. Make your appointment today. (id:63159)

Values & Trends

This listing

$462/sqft

Building average

No other active listings in this building

Peachland average

$508/sqft

66 active listing(s)

Parking: 4 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 ElementaryElementary3.7 km
Glenrosa Middle SchoolMiddle10.6 km
Webber Road ElementaryElementary10.7 km
Helen Gorman ElementaryElementary11.1 km
Glenrosa ElementaryElementary11.2 km
Our Lady of Lourdes(Independent)Elementary/Middle11.4 km
Shannon Lake ElementaryElementary14.3 km
Sensisyusten House of Learning(Independent)Elementary14.3 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)

  • Unnamed542 m

Nearby places data: © OpenStreetMap contributors.

School district: Central Okanagan (SD23)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,920.00
Periodic payment — Principal & Interest (monthly)$5,676.95
Additional monthly expenses (strata, tax, utilities, etc.)$119.00
Total monthly cost$5,795.95
Interest paid over 5-yr term$252,187.60
Balance at end of term$791,490.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.30

Cash Needed at Closing

Minimum down payment$84,990
Estimated BC PTT$19,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,488

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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