- Active
3939 LAKESIDE Road
Penticton · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 2,389
- Built
- 1957
Listed by Real Broker B.C. Ltd · MLS® 10387249
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Sign inAbout this home
Welcome to one of the most remarkable lakeside opportunities in Penticton. Nestled along Lakeside Road, this spacious 3 bedroom, 2 bathroom home sits on one of the largest lots on the lake, offering incredible potential for homeowners and investors alike. With R4 multi-unit zoning, the possibilities stretch as wide as the waterfront views - think of rental income, redevelopment, or a legacy family compound. The generous 2,349 sq ft living space provides ample room for comfortable everyday living, while the fully fenced yard creates a private outdoor space to enjoy freely. Parking is plentiful making life convenient for residents and guests. This location truly sets this property apart. A marina and pub sit just steps from your door delivering that quintessential lakeside lifestyle without ever having to drive. Skaha Park Pond is a short stroll away, perfect for morning walks and afternoon adventures. Princess Margaret Secondary School and a Wallmart Supercenter are both within easy reach for everyday essentials. The Penticton Airport is also conveniently close connecting you to destinations near and far. Whether you envision a primary residence with strong rental income potential, a vacation retreat, or a strategic multi-unit investment this property provides exceptional versatility. Waterfront lots of this caliber rarely come to market in the Okanagan - and when they do they dont last long. Contact us today to schedule your private showing.
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 2,389 sq ft
- Year built
- 1957
- Storey
- 1
- Parking
- 13
- Property type
- Single Family
- Basement
- Crawl space
- Garage
- Yes
- Fireplace
- 1
- Area
- Main South
- Style
- Ranch
- Listed
- May 13, 2026
- Structure
- House
- PID
- 003-057-976
- Common interest
- Freehold
Highlights
- Mountain view
- Waterfront
- City view
- Pool
- Private yard
Features and inclusions
- Appliances
- Refrigerator, Range - Gas, Dishwasher, Hood Fan, Washer & Dryer
- Heating
- See remarks
- Cooling
- Central air conditioning
- Parking
- Detached Garage, Other, RV, Oversize, See Remarks, Additional Parking
- Lot
- Level lot, Private setting, Central island, Three Balconies
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $13,650
- Property tax
- $842/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $14,642
Purchase snapshot
- List price
- $2,880,000
- Down payment
- $576,000 (20%)
- Estimated mortgage
- $2,304,000
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
- $16,698
- At 5.7979 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.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- 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
Condo / Apartment · 32%
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.