7231 ISLAND Road
Oliver, BC V0H1T7
$1,350,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 10.06 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,400
Interior
- Heating
- Baseboard heaters, Stove, Forced air, Electric, Wood
- Fireplace
- Yes (1)
- Fireplace type
- Free Standing Metal
Exterior & Lot
- Exterior features
- Stucco
- View
- Mountain view, Valley view
- Waterfront
- Other
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 6 — covered indicated
- Features
- Attached Garage, RV, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | 5'1'' x 10'11'' |
| Other | Main level | 8'11'' x 16'4'' |
| Mud room | Main level | 9'6'' x 9'8'' |
| Laundry room | Main level | 7'10'' x 12'1'' |
| Den | Main level | 9'6'' x 19'3'' |
| Bedroom | Main level | 11'11'' x 17'5'' |
| 4pc Ensuite bath | Main level | 8'7'' x 9'2'' |
| Primary Bedroom | Main level | 13'10'' x 18'8'' |
| Kitchen | Main level | 12'2'' x 13'8'' |
| Dining room | Main level | 11'3'' x 13'5'' |
| Living room | Main level | 25'11'' x 26'7'' |
Listing Information
- MLS®
- 10380300
- Listed
- March 31, 2026
- Time on market
- On the market for 153 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Wine Capital Realty · Data source: CREA DDF.
Description
Fantastic opportunity to own this 10.06-acre property in rural Oliver, just minutes from town, offering endless possibilities for hobby farming, multi-family living or income potential. This versatile property features two homes, a large shop, greenhouse, fruit trees and acres of flat, usable land. The renovated main home is a charming rancher with 9-ft ceilings, hardwood floors & a cozy wood stove in the expansive living area. It offers 2 bedrooms plus office/den, 2 full bathrooms, cold storage & attached double garage. The well-designed kitchen includes granite countertops, dual sinks, wall oven, stainless steel appliances & a large pantry. The primary suite features a spacious 4-piece ensuite and French doors leading to one of two covered patios, where you can relax in privacy while enjoying the beautiful views. The second home, currently tenanted, is located across the orchard & includes 2 beds/1 bath, separate driveway, septic, water & power, ideal for extended family, rental income or guests. A massive 1,750 sq ft shop with two bay doors provides excellent space for vehicles, equipment or business use. A greenhouse, irrigation system and small orchard with 60+ fruit trees and vines enhance the property, with approximately 7 acres typically leased for seasonal ground crops. A rare opportunity combining rural lifestyle, productivity and income potential in the South Okanagan. Schedule your private showing today to explore everything this exceptional property has to offer. (id:63159)
Values & Trends
This listing
$572/sqft
Building average
—
No other active listings in this building
Oliver Rural average
$486/sqft
41 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: 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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Oliver Elementary | Elementary | 3.3 km |
| Southern Okanagan Secondary | Secondary | 3.4 km |
| Southern Okanagan Alt | Secondary | 3.4 km |
| Tuc-el-Nuit Elementary | Elementary | 3.4 km |
| Senpaq'cin School(Independent) | Elementary | 4.0 km |
| Okanagan Falls Elementary | Elementary | 14.6 km |
| Cawston Primary School | Elementary | 15.8 km |
| Similkameen Elem-Secondary | K-12 | 19.5 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: Okanagan-Similkameen (SD53)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($110,000) — 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.