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6488 Renfrew Road
Peachland · Vacant Land
Listed by Stilhavn Real Estate Services · MLS® 10386173
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Sign inAbout this home
Set on a bench above Okanagan Lake in Peachland, this exceptional 2.27 acre (98,881 sq ft) property offers unobstructed lake views stretching from Kelowna to Naramata. OUTSTANDING DEVELOPMENT POTENTIAL. A portion of the land extends below Renfrew Road and, while not eligible for development, permanently secures & protects the view corridor above Okanagan Lake — a rare and valuable feature. Recently REZONED RM2, the site allows for up to 4 doors per subdivided lot with the potential for 4 lots. Access is located along Renfrew Road on the south side of the property. The parcel is fully serviced with existing water, electricity, and sewer. Urban Systems has confirmed current servicing capacity supports up to 16 doors. RM2 zone facilitates medium-density, small-scale multi-unit housing (SSMUH) on serviced urban lots 800 m (0.2 ac) or larger. Three registered covenants on title, including provisions related to the creek along the north boundary, road allowance along Renfrew Road, & an existing sewer line along Renfrew Road allowing for gravity-fed servicing. An original 1960s home currently sits on the property providing holding income while development plans are finalized. Prime location just 4 minutes to downtown Peachland, 7 minutes to the Peachland Yacht Club, 20 minutes to West Kelowna, 30 minutes to Penticton, and approx 3.5 hours to Lower Mainland. A compelling opportunity to secure prime land with protected Okanagan Lake views and multi-family zoning already in place!
Home facts
- Property type
- Vacant Land
- Area
- Peachland
- Listed
- May 5, 2026
- Structure
- Other
- PID
- 009-512-021
- Common interest
- Freehold
Highlights
- Mountain view
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
- Utilities
- Water, Sewer, Natural Gas, 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
- $5,877
- Property tax
- $358/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,386
Purchase snapshot
- List price
- $1,240,000
- Down payment
- $248,000 (20%)
- Estimated mortgage
- $992,000
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
- $6,133
- 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
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 · 52%
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.