An exceptional 4.28 acre development opportunity in Peachland, BC, one of the Okanagan’s most desirable lakefront communities. This parcel, along with the neighboring parcel: 5930 Columbia Ave (MLS10381094), 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	$3,450,000
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	4.28
Lot Size Depth	Feet
MLS^® #	R3101949
Area	FVREB Out of Town
Neighbourhood	FVREB Out of Town
City	No City Value
Postal Code	V2Y 1S9
Gross Taxes	$16,594.08
Zoning	RM3

Property Timeline

Status	Date	Price
R3101949 / Active	03-20-2026	$3,450,000

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

Private Schools

Elementary
St. Anthony's: 73.3 km
Elementary, Secondary
Houston Christian School: 98.55 km

Closest Transit

Bus Stop
Haisla at Kitamaat Village Rd (EB): 73.24 km

Crime Rate

Total Crime Rate: High
Violent Crime Rate: High
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Below Average 5.5%
No Certificate/Degree: Above Average 20.7%
Owner Occupied: Below Average 43.6%
Employment Rate: Below Average 40%

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: $-18,202,200

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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Lot 14 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 627.6% 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.

Mortgage Calculator for Lot 14 Columbia Avenue

Home Price

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Interest Rate

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Principal & Interest

Property Taxes $1,383

Maintenance fee 0

Financing 80% of the $3,450,000 asking price over 30 years at 4% results in approximately $14,560/month in total estimated carrying costs, $1,383 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

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Break Even Down Payment 0%

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Cash on Cash

This listing generates an estimated $7,914/month in rental income, leaving a -$6,897/month cashflow at current carrying costs. Investors targeting break-even would need roughly 62% down.

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

Estateblock Rent Estimate for Lot 14 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.