Property Type: Land / LotOwnership: Freehold

8972 Tavistock Road

Vernon, BC V1H2K9

$379,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.25 acres
Frontage
65 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,140

Interior

Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water

Listing Information

MLS®
10385309
Listed
May 5, 2026
Time on market
On the market for 118 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Vernon Salt Fowler · Data source: CREA DDF.

Description

Perched above Okanagan Lake in the highly sought-after community of Adventure Bay, this exceptional building lot offers truly breathtaking, unobstructed south-facing panoramic views. This is the kind of vantage point buyers chase across the entire Okanagan and rarely find at this price point. Surrounded by architecturally stunning homes, Adventure Bay has become known for its upscale feel and thoughtfully designed properties that blend seamlessly into the natural landscape. Building here means you’re not just buying a lot you’re stepping into a proven, high-end neighbourhood where the standard is already set. Fully serviced to the lot line, this property is ready for your vision. Preferred builders are available to help bring it to life, with flexible timelines to suit your plans. Whether you’re designing a full-time residence or a secondary retreat, the setting supports it. Just 15 minutes from Vernon where you’ll find world-class skiing at Silver Star, premier golf courses, Pickleball, and a variety of other 4 season amenities. In the neighborhood you’ll enjoy convenient access to tennis courts, a private beach and endless hiking and walking trails with the tranquility Adventure Bay is known for. If you’re trying to find a view lot in the Okanagan that actually delivers on lifestyle, location, and long-term value, this is hard to beat. Come walk it and see for yourself. (id:63159)

Location Insights

Weather

18°C

Humidity 66%

Wind ESE 16 km/h

Tonight

11°

Tuesday

27°

Tuesday night

14°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

44,519

(2021 Census)

+11% since 2016

Density: 461.7/km²

Dwellings: 21,287

Median household income: $73,500

After-tax: $66,500

Immigrant population: 12.4%

Top countries of origin (% of total population)

  • United Kingdom2.3% · 1,030
  • Germany1.2% · 550
  • United States of America1% · 450
  • India0.8% · 355
  • Philippines0.7% · 315
  • Netherlands0.6% · 270
  • Poland0.3% · 150
  • South Africa, Republic of0.3% · 125

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Okanagan Landing ElementaryElementary4.2 km
Ellison ElementaryElementary6.5 km
Clarence Fulton SecondaryElementary6.8 km
Mission Hill ElementaryElementary8.8 km
Alexis Park ElementaryElementary9.8 km
St James(Independent)Elementary10.1 km
Ecole Beairsto ElementaryElementary10.3 km
Kidston ElementaryElementary10.4 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: Vernon (SD22)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,200.00
Periodic payment — Principal & Interest (monthly)$1,956.14
Additional monthly expenses (strata, tax, utilities, etc.)$178.33
Total monthly cost$2,134.48
Interest paid over 5-yr term$86,897.99
Balance at end of term$272,729.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,768.66

Cash Needed at Closing

Minimum down payment$18,950
Estimated BC PTT$5,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,030

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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