- Active
437 Matheson Road
Okanagan Falls · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 1,969
- Built
- 2001
Listed by Coldwell Banker Horizon Realty · MLS® 10398529
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Sign inAbout this home
Have you been searching for that private, peaceful, retreat of a home, with panoramic lake and mountain views, to start the next chapter of your life in? This 3 bedroom home is perched atop the Golden Hills community which provides each of the 16 owners a .5 acre lot in their 180 acre property. Crafted as a dream retirement retreat, the property captures everything people imagine when they picture an Okanagan lifestyle: privacy, quiet, and sweeping views over vineyards and out to Skaha Lake visible from nearly every room. Just under 2,000 sq. ft, the home offers solid construction, easy maintenance, and exceptional care throughout the years. The layout is warm and functional and of course highlights the views out to Skaha Lake. A metal roof was installed at original construction offering a worry free product for decades to come! This is your chance to secure a private Okanagan retreat with unbeatable views, solid bones, and endless potential all just a 10 minute drive to Okanagan Falls and a 20 minute drive to downtown Penticton. Whether you’re downsizing, relocating, or dreaming of a quieter life, 437 Matheson Road offers a rare opportunity to step into a home with heart, history, and a chance to make it your own. Maintenance fees are just $100/month (paid annually). Bring your pets, bring your ideas, and bring your vision; a few cosmetic updates would make this home shine! Call today to book a showing on this rare opportunity home!
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 1,969 sq ft
- Year built
- 2001
- Storeys
- 2
- Parking
- 5
- Property type
- Single Family
- Carport
- Yes
- Fireplace
- 1
- Area
- Eastside/Lkshr Hi/Skaha Est
- Listed
- August 24, 2026
- Structure
- House
- PID
- 002-530-902
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Appliances
- Refrigerator, Oven - Electric, Water softener, Dishwasher, Cooktop, Freezer, Washer & Dryer
- Heating
- Stove, Forced air, Electric, Wood
- Cooling
- Central air conditioning
- Flooring
- Laminate, Carpeted, Ceramic Tile
- Roof
- Metal, Unknown
- Parking
- Carport
- Lot
- Private setting, Central island, Balcony
- Community
- Pets Allowed With Restrictions
Rooms and building
- Sewer
- Septic tank
- Water
- Well
- 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
- $4,024
- Property tax
- $250/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,424
Purchase snapshot
- List price
- $849,000
- Down payment
- $169,800 (20%)
- Estimated mortgage
- $679,200
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
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 · 69%
Who lives here
Documents
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