1348 Cedar Street Okanagan Falls, British Columbia V0H 1R0
$2,175,000
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:37990)
Property Details
| MLS® Number | 10354184 |
| Property Type | Single Family |
| Neigbourhood | Okanagan Falls |
| Amenities Near By | Park, Recreation, Schools, Shopping |
| Community Features | Family Oriented |
| Features | Level Lot |
| Water Front Type | Waterfront On River |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 1 |
| Architectural Style | Ranch |
| Constructed Date | 1950 |
| Construction Style Attachment | Detached |
| Heating Type | See Remarks |
| Stories Total | 2 |
| Size Interior | 1,267 Sqft |
| Type | House |
| Utility Water | Private Utility |
Land
| Access Type | Easy Access |
| Acreage | Yes |
| Land Amenities | Park, Recreation, Schools, Shopping |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 3.92 |
| Size Total | 3.92 Ac|1 - 5 Acres |
| Size Total Text | 3.92 Ac|1 - 5 Acres |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 4pc Bathroom | 6' x 8' | ||
| Main Level | Primary Bedroom | 9' x 9' | ||
| Main Level | Kitchen | 8' x 10' | ||
| Main Level | Living Room | 12' x 18' |
https://www.realtor.ca/real-estate/28545647/1348-cedar-street-okanagan-falls-okanagan-falls
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April 15 2026 12:02:33
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