- Active
2986 Gophertail Road
Princeton · Vacant Land
Listed by Landquest Realty Corporation · MLS® 10369708
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Sign inAbout this home
Desirable Lakefront Lot - Allison Lake, BC. West-facing lakefront lot on one of the South Okanagan's most sought-after lakes. Allison Lake sits along Highway 5A between Merritt and Princeton, just three hours from the Lower Mainland. This 0.26-acre property is in a prime spot-set back from the highway with excellent beachfront and sweeping views. The lake, considered a jewel of the Princeton area, lies 28 km north of town and is prized for boating, fishing, and swimming in its clear green-blue waters. With crown land across the lake, your view will always overlook untouched wilderness. The area offers an extensive network of logging roads and ATV trails for hiking, ATVing, and snowmobiling. Includes covered RV parking and a simple older sleeping cabin with attached carport and storage. This is one of the last undeveloped waterfront lots on the lake. It's connected to the community water system, serviced with power, and ready for your recreational vision. Lakefront lots on Allison Lake rarely come up for sale-when they do, it's wise to act quickly.
Home facts
- Property type
- Vacant Land
- Area
- Princeton Rural
- Listed
- November 19, 2025
- Structure
- Other
- PID
- 004-518-217
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
Features and inclusions
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Community Water System
- Utilities
- Water, Electricity
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
- $3,029
- Property tax
- $183/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,362
Purchase snapshot
- List price
- $639,000
- Down payment
- $127,800 (20%)
- Estimated mortgage
- $511,200
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
- $3,883
- At 6.0772 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
- $850 a month
- Gross yield
- 1.6%
Estimated rent from Statistics Canada rents for this area, 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.
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 · 43%
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.