Home No City Value, BC FVREB Out of Town Lot 14 Columbia Avenue

Lot 14 Columbia Ave, No City Value BC – Land for Sale – MLS® R3101949

Lot 14 Columbia Avenue, No City Value, British Columbia V2Y 1S9

213 days on the market

$3,450,000

Est. Mortgage $15,263/mo

Listing updated: Apr 6, 2026 at 09:40am

EstateBlock checked: Oct 19, 2026 at 02:45pm

0 sqft

Photos

Exterior photo of Lot 14 Columbia Ave, No City Value, BC – MLS® R3101949

Exterior Rear Photo of Lot 14 Columbia Avenue, No City Value, BC

Living Room Photo of Lot 14 Columbia Avenue, No City Value, BC

Family Room Photo of Lot 14 Columbia Avenue, No City Value, BC

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

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

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

213 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 10.1% — buyers have more leverage. With only 3281 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

Walkability & Transit Near Lot 14 Columbia Avenue

Car-Dependent 9

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 246

Bike Score - Biker's Paradise

Daily errands can be accomplished on a bike

Mortgage Calculator for Lot 14 Columbia Avenue

/month

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.

Investment Cashflow Calculator

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

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.