5286 Buchanan Road, Peachland

MLS®™ 10384221

BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 – 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. (id:43281)

Property Details

Address:
5286 Buchanan Road, Peachland, British Columbia
Price:
$ 989,000
MLS Number:
10384221
List Date:
April 20th, 2026
Lot Size:
0.49 ac
Year Built:
1955
Taxes:
$ 4,488

Interior Features

Bedrooms:
2
Bathrooms:
2
Appliances:
Refrigerator, Range - Gas, Dishwasher
Flooring:
Laminate, Carpeted, Linoleum
Air Conditioning:
Central air conditioning
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Basement:
Partial

Building Features

Architectural Style:
Ranch
Storeys:
1
Foundation:
Block
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Tar & gravel, Unknown
Exterior:
Wood siding
Garage:
Carport
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 4,488

Floors

Finished Area:
1471 sq.ft.

Land

View:
Lake view
Lot Size:
0.49 ac

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