$399,000

12210 LAKESHORE Drive, Summerland V0H1Z1

Detached

Listed by: Chamberlain Property Group Inc..

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Description

Positioned directly across from Okanagan Lake and Beach Park in the highly sought-after and magical Lower Summerland, this gently sloping lot offers a rare opportunity to build your dream home or seasonal Okanagan retreat. With stunning lake views and direct beach access, the property measures approximately 25 ft by 114 ft (0.65 acres), providing ample space for a contemporary home of 2,400+ sq. ft. Alley access allows flexibility for parking and a garage, while a garage at the front of the property is also approved, this area has potential for a self-contained suite with guest parking for VRBO or long-term rental. The neighboring home on a similarly sized lot demonstrates the potential of this exceptional location. The adjacent lot is also available. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

View: Lake view, Mountain view, Valley view

Structure: Other

Lot Size: 0.07

Property Details

Property Type	Detached
Sub Type	Vacant Land
Lot Size	0 sq ft
Listing ID	10399423

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12210 LAKESHORE Drive, Summerland
MLS® 10399423 · $399,000

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Calculation details & assumptions

Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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