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#16 – 245 Kalamalka Lakeview Drive
Vernon · Vacant Land
Listed by RE/MAX Priscilla · MLS® 10345982
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Sign inAbout this home
OUT-OF-COUNTRY BUYERS – WELCOME TO THE OKANAGAN VALLEY! Rare opportunity to own 16.75 acres overlooking the turquoise waters of Kalamalka Lake. Every angle of your future estate can capture the coveted views of Rattlesnake Point and the lake’s shimmering shoreline. A gated entrance ensures privacy, while a service road leads directly to the famous Rail Trail along the water. Located in Kekuli Bay Estates, an exclusive bare land strata of executive homes and acreages, this property offers both prestige and privacy. Community water, natural gas, and hydro are at the lot line, giving you the foundation to plan your dream estate. The location is unmatched—5 minutes to Kekuli Bay boat launch, 10 minutes to Vernon and Predator Ridge Golf Resort, 30 minutes to Silver Star Mountain, and just 20 minutes to Kelowna International Airport. This is one of the valley’s most exclusive settings, blending natural beauty, privacy, and convenience in the heart of the Okanagan.
Home facts
- Property type
- Vacant Land
- Area
- Commonage
- Listed
- May 8, 2025
- Structure
- Other
- PID
- 023-603-526
- Common interest
- Freehold
Features and inclusions
- Lot
- Private setting, Irregular lot size, Sloping
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Co-operative Well
- Utilities
- Water, 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
- $9,475
- Property tax
- $583/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,208
Purchase snapshot
- List price
- $1,999,000
- Down payment
- $399,800 (20%)
- Estimated mortgage
- $1,599,200
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
- $11,989
- 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
For investors
As a rental
- Estimated rent
- $1,607 a month
- Gross yield
- 1.0%
Estimated rent from CMHC average rents for the region, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 50%
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.
