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1408 Red Mountain Place
Vernon · Vacant Land
Listed by Coldwell Banker Executives Realty · MLS® 10394403
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Sign inAbout this home
Build your dream home on this exceptional 0.232-acre lot at 1408 Red Mountain Place, with breathtaking valley & lake views creating the perfect backdrop for Okanagan living. Located in one of Vernon's desirable neighbourhoods, this premium building lot offers a rare opportunity to design a home that reflects your lifestyle while enjoying the beauty and recreation the region is known for. The site is ideally suited for a walkout rancher with a suite. Whether you envision an open-concept floor plan, oversized windows to capture the views, or expansive outdoor entertaining spaces, this property provides the ideal canvas to bring your vision to life. Enjoy the convenience of being just 20 mins from Silver Star Mountain Resort, to experience world-class skiing, snowboarding, mountain biking, and hiking throughout the year. When summer arrives, you'll appreciate being only 20 minutes from Vernon's beautiful beaches and lakes, perfect for boating, SUP, swimming & relaxing in the sunshine. The surrounding area embraces the Okanagan lifestyle with award-winning wineries, picturesque vineyards, and local orchards. Golf courses, shopping, restaurants, schools, and everyday amenities are all within easy reach, combining peaceful surroundings with outstanding convenience. Vacant lots with this combination of views, location & building potential are becoming increasingly difficult to find. Secure your place and create the custom home you've always imagined at 1408 Red Mountain Place.
Home facts
- Property type
- Vacant Land
- Area
- Foothills
- Listed
- July 16, 2026
- Structure
- Other
- PID
- 026-341-824
- Common interest
- Freehold
Features and inclusions
- Community
- Pets Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, Electricity, Cable, Telephone
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,033
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,308
Purchase snapshot
- List price
- $429,000
- Down payment
- $85,800 (20%)
- Estimated mortgage
- $343,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,573
- At 5.9974 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vernon
Ten year average, 2016–2025.
- Average temperature
- 9.1°C
- Daily mean across the year.
- Yearly precipitation
- 345 mm
- On the drier side for BC.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 70%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
