- Active
PRPSD LT 2 47 Street
Okanagan Falls · Vacant Land
Listed by RE/MAX Penticton Realty · MLS® 10401709
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Sign inAbout this home
Nestled along the east side of McLean Creek Road is this stunning 57.8 acre with panoramic lake views and is bordered by large vineyards. There is large flat plateau perfect for your dream home. This property is located about halfway between Penticton and Okanagan Falls just off East Side Road. The property is zoned RA for Resource Area which allows for a lot of different usages and is not in the ALR. You can build a main residence plus a carriage house up to 1,340 sqft.
Home facts
- Property type
- Vacant Land
- Area
- Kaleden/Okanagan Falls Rural
- Listed
- September 25, 2026
- Structure
- Other
- PID
- 014-778-343
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Lot
- Private setting
- Community
- Rural Setting
Rooms and building
- Water
- None
- Utilities
- Sewer, 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
- $3,076
- Property tax
- $192/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,418
Purchase snapshot
- List price
- $649,000
- Down payment
- $129,800 (20%)
- Estimated mortgage
- $519,200
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
For investors
As a rental
- Estimated rent
- $1,200 a month
- Gross yield
- 2.2%
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 · 64%
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.