About this home

Enjoy the best of Okanagan living on this private 3.52-acre property offering panoramic lake views, mature cherry orchard (leased until 2026), easily converted to vines or gardens if desired, the peace of rural living and the abundance of wildlife. Very walkable location either to the lake or downtown Summerland. Built in the early 1950s and thoughtfully updated while preserving its timeless character, this spacious family home features 4 bedrooms plus a den, 3 bathrooms, and multiple living areas designed for comfortable everyday living. The large dining room is perfect for family gatherings, while the bright sunroom provides a quiet space to relax and enjoy the surrounding views year-round. The inviting great room features a fireplace, and the lower-level family room offers additional space for children, guests, a home office, or recreation. Step outside to take in the stunning lake and valley views or simply enjoy the peaceful country setting. This exceptional Okanagan property combines privacy, lake views, space to breathe, income potential, farm status, and a must sought-after location just a few minutes from everything an Okanagan lifestyle entails - wineries, golf, beaches, shopping, restaurants, hiking trails and the requirements of daily life - schools, grocery, library, drug stores, banks and more.

Property details

4

Beds

3 full

Baths

2,944 ft²

Floor area

1951

Year built

2

Storeys

2

Parking

$4,078/yr

Gross tax

Location & structure

Single Family

Type

Yes

Garage

2

Fireplaces

Summerland Rural

Area

Ranch

Style

Listed

July 6, 2026

Style

Ranch

Structure

House

PID

005-176-352

Property highlights

Mountain view

Fireplace

Features & inclusions

Appliances

Washer, Refrigerator, Dishwasher, Dryer, Cooktop, Oven - Built-In

Heating

Forced air

Cooling

Central air conditioning

Roof

Asphalt shingle, Unknown

Parking

Detached Garage, RV, Additional Parking

Community

Rural Setting, Rentals Allowed

Additional details

Common interest

Freehold

Property analysisScored Jul 16

Buyer view7–10 year horizon

Weak on price history

$1,195,000 is 27.4% below the Lower Mainland Single Family HPI benchmark of $1,647,000 (2026-04-01).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

In line with market, score 66.5 of 100Based on 6 of 9 signals · score likely 33.3 to 99.7

Area benchmark trend

Lower Mainland composite benchmark price (GVR MLS® HPI), last 12 months

Partial carrying costRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

22 min

walk to IGA

27 min

bike to Prairie Valley Station

1h 30m

walk to Prairie Valley Station

10h 5m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 40%

Documents and due diligence

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Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$6,017

Principal and interest

Calculated estimate

$5,528

Property tax

Listing data

$340/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,195,000

Down payment

Calculated estimate

$239,000 (20%)

Estimated mortgage

Calculated estimate

$956,000

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$6,017

/mo

Rate

%

Amortization

Principal and interest

$5,528

Property tax

$340

P&I

Tax

Down payment

$239,000 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $239,000 down (20%) on $1,195,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	45	39.8%
Condo / Apartment	22	19.5%
Land	18	15.9%
Townhouse	9	8.0%
Other	7	6.2%
Other	12	10.6%

$20,000 to $24,999	20	6.6%
$25,000 to $29,999	5	1.6%
$30,000 to $34,999	15	4.9%
$35,000 to $39,999	15	4.9%
$40,000 to $44,999	10	3.3%
$45,000 to $49,999	15	4.9%
$50,000 to $59,999	30	9.8%
$60,000 to $69,999	35	11.5%
$70,000 to $79,999	15	4.9%
$80,000 to $89,999	15	4.9%
$90,000 to $99,999	20	6.6%
$100,000 to $124,999	35	11.5%
$125,000 to $149,999	20	6.6%
$150,000 to $199,999	20	6.6%
$200,000 and over	35	11.5%

Detached	45	39.8%
Condo / Apartment	22	19.5%
Land	18	15.9%
Townhouse	9	8.0%
Other	7	6.2%
Other	12	10.6%

$20,000 to $24,999	20	6.6%
$25,000 to $29,999	5	1.6%
$30,000 to $34,999	15	4.9%
$35,000 to $39,999	15	4.9%
$40,000 to $44,999	10	3.3%
$45,000 to $49,999	15	4.9%
$50,000 to $59,999	30	9.8%
$60,000 to $69,999	35	11.5%
$70,000 to $79,999	15	4.9%
$80,000 to $89,999	15	4.9%
$90,000 to $99,999	20	6.6%
$100,000 to $124,999	35	11.5%
$125,000 to $149,999	20	6.6%
$150,000 to $199,999	20	6.6%
$200,000 and over	35	11.5%

7508 Switchback Road

7508 Switchback Road

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