Property Type: Detached HouseOwnership: FreeholdNEW LISTING

777 HIGHWAY 97

Okanagan Falls, BC V0H1R0

$929,000

3 bed2 bath1,581 sqftBuilt 1952
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
2
Lot size
0.67 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,918

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Appliances
Washer, Refrigerator, Range, Dryer, Microwave, See remarks

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Building

Roof
Asphalt shingle, Unknown
Water source
Well
Sewer
Septic tank
Parcel ID (PID)
010-857-729

Parking

Features
RV

Room Dimensions

RoomLevelDimensions
BedroomBasement7'4'' x 11'11''
Utility roomBasement21'11'' x 13'11''
Recreation roomBasement14'1'' x 11'5''
4pc Ensuite bathMain level
Primary BedroomMain level10'5'' x 16'
BedroomMain level9' x 16'
5pc BathroomMain level
Dining roomMain level14'7'' x 7'11''
Living roomMain level14'7'' x 9'5''
KitchenMain level10'5'' x 21'4''
FoyerMain level10'8'' x 5'10''

Listing Information

MLS®
10399069
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 31, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Perched above Okanagan Falls on a .67 acre property, this beautifully updated home offers 3 bedrooms, 2 bathrooms and approximately 1,928 sq. ft. of inviting living space, along with stunning views of Skaha Lake and the surrounding mountains. The cottage inspired main floor features an open concept design, exposed wood beams, skylights and a wall of windows that fills the home with natural light. The thoughtfully designed kitchen includes stainless steel appliances, double ovens, a propane cooktop, large farmhouse sink, island and a unique opening window that creates a convenient breakfast bar connecting the kitchen to the outdoor living area. A cozy wood stove adds warmth and character. The finished lower level offers a spacious family room, den and generous utility and storage space. Outside, multiple patios and a charming gazebo provide wonderful areas to relax, entertain and take in the spectacular lake views. The property also enjoys direct access to Skaha Lake, abundant parking and a convenient location directly off Highway 97. A truly distinctive Okanagan property offering character, exceptional views and an enviable indoor and outdoor lifestyle. (id:63159)

Values & Trends

This listing

$588/sqft

Building average

No other active listings in this building

Okanagan Falls average

$527/sqft

34 active listing(s)

Parking: Not indicatedStorage 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: Penticton

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

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

SchoolTypeDistance
Okanagan Falls ElementaryElementary984 m
Kaleden ElementaryElementary4.4 km
Princess Margaret SecondarySecondary12.6 km
Wiltse ElementaryElementary13.5 km
Holy Cross School(Independent)Elementary/Middle15.1 km
Columbia ElementaryElementary15.3 km
Penticton Christian School(Independent)K-1215.5 km
Entre-lacsElementary/Middle15.8 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.

Nearby Places

Parks (3)

  • Lions Park352 m
  • Kenyon Park526 m
  • Christie Memorial Park618 m

Shopping (1)

  • Unnamed · 5350 9th Avenue568 m

Pharmacies (1)

  • Pharmasave754 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($67,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$743,200.00
Periodic payment — Principal & Interest (monthly)$4,794.87
Additional monthly expenses (strata, tax, utilities, etc.)$322.17
Total monthly cost$5,117.04
Interest paid over 5-yr term$213,003.26
Balance at end of term$668,510.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,621.56

Cash Needed at Closing

Minimum down payment$67,900
Estimated BC PTT$16,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,980

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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