$1,950,000
 $10,468 est/mo Sourced by Back At You

1348 Cedar Street,Okanagan Falls, BC V0H1R0

Okanagan Falls, BC V0H1R0

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Description

Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:13843)

Details

MLS #10354184
Listing TypeFor Sale
StyleHouse
StatusActive
Year1950
Days On Site481
Listing Provided ByeXp Realty | Tricia Radcliffe

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet1,267
Story(s)2
Acreage3.92
Water FrontYes

Interior

HeatingSee remarks
Fireplace Yes / NoNo

Exterior

Lot FeaturesLevel lot

Utilities

SewerMunicipal sewage system
Water SourcePrivate Utility

Taxes

Tax Annual Amount3048

Area Information

ProvinceBC
CityOkanagan Falls
Postal CodeV0H1R0
Sourced by Back At You

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ProvinceBC
CityOkanagan Falls
Postal CodeV0H1R0
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:38:34 AM PDT