Penticton real estate market is expected to continue evolving, influenced by factors such as population growth, economic development, and government policies. Buyers and investors should stay informed about market trends and seek guidance from local real estate professionals.
- Penticton has seen various new residential developments in response to its population growth. New housing projects, including subdivisions and multi-unit complexes, are being built to accommodate the demand for homes.
- The city’s downtown area has also undergone revitalization efforts, leading to the development of mixed-use buildings, restaurants, and shops.
Situated in Kelownas prestigious Upper Mission area, this grand-scale luxury estate boasts spectacular, shimmering views of Lake Okanagan and the surrounding Napa-like vistas of the Valley. Nestled on 2 acres of private, landscaped grounds, the estate boasts three expansive floors
2830 East Kelowna Road, Kelowna, BC V1W 4H5 6 Beds | 5.5 Baths | 6,485 sqft $6,890,000 With 11.5 acres of healthy, near-organic Pinot Noir grapevines, this estate presents an incredible opportunity for wine enthusiasts. Discover the splendour of a 6-bed, 6400 sq ft
5560 Lakeshore Road, Kelowna, BC V1W 4J4 6 Beds | 3.5 Baths | 5,327 sqft $6,955,600 Spanning across 1.297 acres with 219′ of beautiful lakeshore frontage, this lakeshore estate offers a 5000+ sq.ft. home professionally designed by Architect Robert Turik.
LUXURY ESTATE: Over 5 acres of pristine land with 1000 ft of waterfront, a private beach, and a dock equipped with hydraulic lifts and integrated lighting. The main home exudes luxury in its 5-bed 4-bath layout, with high-end finishes, a
144.92 acre estate in Vernon city limits, with only +/- 9.6 acres within the ALR. 5200+ sq.ft. modern residence, completed in 2016, with 5 bedrooms and 3 bathrooms, a stunning pool, and top-of-the-line cosmetics and mechanical systems. Current A2 zoning
A lakefront 4-bedroom, 8 bathroom, 8007 sq ft home with infinity edge pool, a deep-water dock with 2 boat lifts, 2 sea doo lifts, a beachfront cabana with washroom located in the exclusive and gated Sailview Bay community across the
Welcome to Villa Vista Le Lago! Luxurious Tuscan retreat on Lake Okanagan in the peaceful rural community of Lake Country. Exquisite .86-acre waterfront gated estate offering approx. 240 ft. of shoreline. 15,000 SF rich comfort between the home and guesthouse
Perhaps the finest Estate Compound in the Okanagan. One-of-a-kind location: surrounded by park at the end of Lakeshore Road; 1,200 ft endless shoreline adjacent to 20 miles of Park shoreline; 25 acres including both sides of Horse Creek; bordering Okanagan
This 5 bedroom and 4 bathroom home boasts a modern architectural style and sleek finishes, offering a visually stunning living space. The kitchen is a chefs dream, equipped with top-of-the-line appliances, ample counter space, large island and custom cabinetry. Retreat
#9 1881 Boucherie Road 9, West Kelowna, British Columbia. 2 bed 1 bath. 1248 sq ft $95,000 Property Summary for #9 1881 Boucherie Road Description for #9 1881 Boucherie Road Lovely 2 bedroom, 1 bathroom home in a quiet 55+ park near
About This Property Stunning lakefront 2 bedroom suite walking distance to town and steps from the water. Welcome to this newly renovated rental property located in a prime lakefront location! This beautiful 2 bedroom suite offers a perfect retreat for
Architecturally stunning home constructed with world class attention to detail in Kelownas exclusive enclave of Highpointe. Approaching the grand entry, you are greeted with lush landscaping and a corten steel water feature, which enhance the striking Italian tile and polished
Lakefront vineyard estate home on 2.31 private acres w/160 of sandy beach. State of the art geothermal heating/cooling and green living eco septic system. European chateau inspired boasts a new dock, elevator, wine cellar, private vineyard, office, gym + theatre.
Available for the first time in 3 generations. A legendary new modern winery 40 ac site featuring 25 acres of Pinot Noir, Pinot Gris and Gewurtz vines. The #1 site in Kelowna to build the next iconic winery. Stunning lake+city
Discover an unparalleled opportunity! For the first time in two decades, an extraordinary waterfront estate awaits you. Spanning 6 acres with 2 land titles, this unique property features a rustic 5600sqft house, a dock with 3 electric boat lifts, and
Calling all workshop enthusiasts and car aficionados! This home features an incredibly spacious 2 car garage, providing the ideal space to indulge in your hobbies, create your own workshop, and securely store your vehicles. *Note thst this is one of
1. A Wine Lover’s Paradise
Penticton real estate – Penticton and the surrounding Okanagan Valley are celebrated for their vineyards and wineries. The city is located within a region that boasts some of Canada’s finest wineries, making it an ideal destination for wine enthusiasts. Living in Penticton offers residents the opportunity to immerse themselves in the wine culture, enjoy wine tours, and experience a lifestyle that revolves around viticulture.
2. Lakeside Living
Penticton is situated along the shores of two stunning lakes: Okanagan Lake and Skaha Lake. This lakeside setting not only provides breathtaking views but also offers abundant recreational activities such as swimming, boating, paddleboarding, and fishing. Lakefront properties in Penticton are highly coveted for their unrivaled access to these natural wonders.
3. Diverse Housing Options
Penticton’s real estate market caters to various lifestyles and preferences:
- Lakefront Estates: Lakefront properties are a dream come true for those seeking an idyllic lakeside lifestyle. These estates offer spectacular views and direct access to the water.
- Single-Family Homes: The city offers a range of single-family homes, from charming historic houses to modern residences in family-friendly neighborhoods.
- Condominiums and Townhouses: Penticton has a variety of condominiums and townhouses, providing convenient living options with amenities and proximity to the city center.
- Rural and Acreage Properties: If you desire more space, rural areas around Penticton offer acreages and large lots, allowing for a quieter, more secluded lifestyle.
4. Outdoor Paradise
Penticton is an outdoor enthusiast’s paradise, offering a wide array of activities for all seasons. Hiking, mountain biking, skiing, and golfing are just a few of the outdoor pursuits residents can enjoy in the surrounding natural landscapes. The city’s mild climate ensures that outdoor activities are accessible throughout the year.
5. Economic Opportunities
Penticton’s economy is diverse, with a focus on agriculture, tourism, and small businesses. The city’s proximity to larger economic centers like Kelowna adds to its economic appeal. The burgeoning wine and tourism industry also contributes to employment and business opportunities.
6. Investment Potential
Real estate investors are increasingly drawn to Penticton due to its growing population, thriving tourism industry, and rental potential. Investment properties, including vacation rentals and long-term rentals, are in demand, making it an attractive market for those seeking to generate rental income.