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4623 Ponderosa Drive
Peachland · Vacant Land
Listed by Royal LePage Kelowna · MLS® 10396330
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Sign inAbout this home
This vacant lot in Peachland's Ponderosa neighborhood offers lake and mountain views, ideal for the investor, developer, or anyone dreaming of a custom-built home. Set on a quiet cul-de-sac surrounded by upscale homes, the property sits just minutes from the lake and downtown core.. There are no building timelines and no requirement to use a specific builder, giving you full freedom to bring your own vision to life. The seller also has walk-out rancher plans available upon request, subject to city approval and verification. The lot measures 72 feet of frontage, with a left side of 180 feet and a right side of 140 feet, offering plenty of room to design around the views. Ponderosa is one of Peachland's most desirable neighborhoods, and this is a great opportunity to build exactly what you want, where you want it.
Home facts
- Property type
- Vacant Land
- Area
- Peachland
- Listed
- August 5, 2026
- Structure
- Other
- Frontage
- 72 feet
- PID
- 013-751-573
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Cul-de-sac, Private setting
Rooms and building
- Water
- Municipal water
- Utilities
- Water, Sewer, 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
- $1,421
- Property tax
- $83/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,654
Purchase snapshot
- List price
- $299,800
- Down payment
- $59,960 (20%)
- Estimated mortgage
- $239,840
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
- $1,483
- At 4.9462 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
- $1,200 a month
- Gross yield
- 4.8%
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 · 45%
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.