An exceptional 5.18 acre development opportunity in Peachland, BC, one of the Okanagan’s most desirable lakefront communities. 5930 Columbia Ave, along with the neighbouring property (MLS10381307) offer a total of 9.46 acres, zoned RM3, with OCP support for RM4 , allowing up to 24 units per acre and potential for 200+ homes. The property’s natural topography is ideal for lakeview condos, townhomes, or a mixed-density project, with elevated views of Okanagan Lake. Just a 10-minute walk to Beach Ave, residents will enjoy cafes, restaurants, boutique shopping, parks, and the waterfront boardwalk. This is a rare opportunity to secure a large-scale development site with strong upside in a high-demand market.

Exterior Features

View Description	Panoramic views Okanagan Lake
Structures	Land Only

Building Details

Price	$3,650,000
Property Type	Land
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource)	None

Lot & Land

Lot Size	5.18
Lot Size Depth	Feet
MLS^® #	R3102090
Area	FVREB Out of Town
Neighbourhood	FVREB Out of Town
City	No City Value
Postal Code	V0H 1X4
Gross Taxes	$13,855.1
Zoning	RM3

Property Timeline

Status	Date	Price
R3102090 / Active	03-20-2026	$3,650,000

Listed by: RE/MAX Treeland Realty & Homelife Advantage Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Middle
Glenrosa Middle School: Average 9.56 km 4.3/10
Elementary
Peachland Elementary School: Average 2.75 km 4.4/10
Secondary
Mount Boucherie Senior Secondary School: 15.37 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Our Lady of Lourdes School: Above Average 10.41 km 8.9/10
Secondary
Immaculata Regional High School: 22.5 km

Closest Transit

Bus Stop
Princeton at Princess (EB): 0.06 km

Crime Rate

Total Crime Rate: Low
Violent Crime Rate: Low
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average 15%
No Certificate/Degree: Average 13.2%
Owner Occupied: Below Average 51.4%
Employment Rate: Below Average 33.2%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

24 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $-20,797,700

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How FVREB OUT OF TOWN compares

This property

153 DOM

Listed

FVREB Out of Town avg

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No City Value avg

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5930 Columbia Avenue has a sell-speed score of 24/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 669.8% above comparable active properties in FVREB Out of Town. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.9% — buyers have more leverage. With only 3515 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Nearby Restaurants, Cafes & Shops

Transit (12 nearby)

Bus stop princeton at princess (eb) · 61 m · Transit
Bus stop princeton at columbia (wb) · 67 m · Transit
Bus stop princeton at lakeview (wb) · 224 m · Transit

Shopping (2 nearby)

On beach boutique & gifts · 613 m · Gift Shop
Chico's paradise · 753 m · Gift Shop

Restaurants (1 nearby)

Porto peach · 781 m · Restaurant

Mortgage Calculator for 5930 Columbia Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $1,155

Maintenance fee 0

A 20% down payment of $730,000 on this $3,650,000 listing yields an estimated mortgage of $13,941/month (30-year fixed, 4%). Total estimated housing cost: $15,096/month, $1,155 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Apr 6, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

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Rental Income

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Down Payment

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/month

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Break Even Down Payment 0%

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Cash on Cash

With $8,373/month in estimated rental income against $15,362/month in mortgage payments, the monthly cashflow is -$6,989/month. A 61% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5930 Columbia Avenue, No City Value

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.