- Active
42 Lakeshore Drive
Vernon · Single Family
- Beds
- 4
- Baths
- 2
- Sqft
- 2,055
- Built
- 2015
Listed by Real Broker B.C. Ltd · MLS® 10398595
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Sign inAbout this home
Live the Okanagan dream with the lake right outside your front door at 42 Lakeshore Drive in Parker Cove!This custom built 4 bedroom, 2 bathroom lakefront home offers breathtaking water views, modern comfort, and an unbeatable location.Designed for both everyday living and entertaining, the open concept main floor features vaulted ceilings, breathtaking Okanagan Lake views, a gourmet kitchen with ample counter space, and a picturesque view from the sink.The spacious primary bedroom offers an abundance of natural light, comfortably fits a king size bed, with plenty of closet space.There is additional storage off primary bedroom through to the back of the home.Wired for hot tub at the back of the home. Enjoy your spa like main bathroom designed to unwind in, boasting a double jetted soaker tub, dual sinks, and a walk in tiled shower.Completing this main floor is a versatile guest bedroom,spacious laundry room,with access to the side of the home.Upstairs,a large loft style family room,two additional bedrooms, a full bathroom,and a dedicated storage room provide plenty of space for family and guests.Year round comfort with radiant in floor heating and an energy efficient heat pumps.Step outside to the covered front patio,an ideal spot to soak in the lakefront lifestyle all four seasons!With unbeatable waterfront access,shared beach space,and boat launch this home is a rare opportunity to own a piece of Okanagan paradise!Registered lease currently until 2043,Yearly lease $5,048.01
Home facts
- Bedrooms
- 4
- Bathrooms
- 2 full
- Interior
- 2,055 sq ft
- Year built
- 2015
- Storeys
- 2
- Parking
- 2
- Property type
- Single Family
- Area
- Okanagan North
- Listed
- August 25, 2026
- Structure
- House
- Frontage
- 40 feet
- PID
- 902-009-178
- Common interest
- Leasehold
Highlights
- Waterfront
- Patio
- Hot tub
- High ceilings
- Storage locker
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Oven, Dryer, Microwave
- Heating
- Heat Pump, Baseboard heaters, In Floor Heating, Electric
- Cooling
- Heat Pump
- Flooring
- Carpeted, Vinyl
- Roof
- Asphalt shingle, Unknown
- Parking
- Surfaced
- Lot
- Jacuzzi bath-tub
- Community
- Pets Allowed, Rentals Allowed
Rooms and building
- Sewer
- Septic tank
- Water
- Community Water System
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
- $2,128
- Property tax
- $133/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,411
Purchase snapshot
- List price
- $449,000
- Down payment
- $89,800 (20%)
- Estimated mortgage
- $359,200
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
- $2,693
- 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)
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Land · 51%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.