For Sale: 1348 Cedar Street, Okanagan Falls, BC - REW
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$2,175,000
1 bd • 1 ba • 1267 sf • House
1348 Cedar Street
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$2,175,000
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1348 Cedar StreetOkanagan Falls, BC, V0H 1R0

  • 1 Bed
  • 1 Bath
  • 1267 Sqft
  • House

About this home

Strategic 3.92-acre development opportunity in the core of Okanagan Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this site is well-positioned for future multi-family development, with established strata communities on both sides supporting continued residential growth. The property is predominantly flat and extends from Cedar Street through to the river, offering a practical and efficient layout for site planning. With existing access, nearby services, and surrounding density already in place, this parcel presents a compelling opportunity for developers seeking a viable project in an emerging market. The size and configuration may lend itself to a phased approach, allowing flexibility in planning and execution. A 1,250 sq ft, 2-bedroom, 1-bath home currently occupies the property and may provide holding income during the planning and approval process. Located just south of Penticton at the base of Skaha Lake, Okanagan Falls continues to see interest from buyers seeking more attainable housing options within the South Okanagan. Buyer to verify all development potential, servicing, and zoning requirements with the appropriate authorities. Viewing by appointment only. (id:63626)
Listed by: Tricia Radcliffe, eXp Realty

Home facts and features

Price details
List Price
$2,175,000
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Gross Taxes for 2026
$3,048
Home facts
Bedrooms
1
Full Bathrooms
1
Property Type
House
Lot Size
3.92 acres
Depth
Year Built
Built in 1950 (76 yrs old)
Title
Freehold
Style
Ranch
Heating Type
See remarks
Features
Level lot
Agent details
Primary Agent
Primary Broker
eXp Realty
Secondary Agent
Mike Wood
Secondary Broker
eXp Realty
Listing details
Days on REW
339 Days
Property Views
138
MLS® Number
10354184
Source
Canadian Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Okanagan Falls Elementary
  • Public
  • Pre-K - 7
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Call Agent
Tricia Radcliffe
Phone:
(250) 809-1861
Office:
833-817-6506
Broker
Mike Wood
Phone:
(778) 931-0051
Office:
833-817-6506
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