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Investment signal

$875,000

133 EAGLE RIDGE Road

Save this home

Beds

4

Baths

4

Sqft

Year

1990

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Okanagan Falls. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Elevated Lake Living with Income Potential! Perched above Skaha Lake on a peaceful no thru road, this stunning 4bed, 4bath Rancher commands unobstructed panoramic views of the lake & mountains from nearly every room. Recently renovated with over $90K in upgrades, this 2,359 SF home delivers exceptional value just 10 min south of Penticton. The heart of the home features open concept living & dining with a dramatic wall of west facing windows that flood the space with natural light & showcase those spectacular views. The kitchen offers an eat up breakfast bar & flows seamlessly to an expansive deck, your front row seat for Okanagan sunsets. The primary bdrm is a true sanctuary with lake views, walk-in closet, & 3pc ensuite, plus a 2nd bdrm & 4pc main bath complete this level. The daylight walk out lower level features a fully independent 2bd + den, 2bth suite with its own entrance & breathtaking lake vistas. With separate HVAC systems for climate control & utility separation, this suite is ideal for short-term rental income (Airbnb-friendly as your principal residence), long-term rental, or multi-generational living. The landscaped, fenced yard includes a hot tub, covered patio, workshop/storage shed, & ample parking, all designed to maximize the views & outdoor living so desirable. Total sq.ft. calculations are based on the exterior dimensions of the building at each floor level & inc. all interior walls & must be verified by the buyer if deemed important. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Eastside/Lkshr Hi/Skaha Est
Common interest
Freehold
Living area
2,359 square feet
Lot size
0.61 acres
Lot dimensions
0.61
Parking
4 total
Stories
2
Fireplace
1
On market
Jan 21, 2026
Status changed
Apr 23, 2026
Annual tax
$3,368.53
Photos
43
MLS#
10373168
Area
OKANAGAN_FALLS

Features and systems

Basement

Remodeled Basement

Appliances

WasherRefrigeratorDishwasherRangeDryerMicrowave

Heating

Heat PumpForced airElectric

Cooling

Central air conditioningHeat Pump

Exterior

Vinyl siding

Flooring

HardwoodLaminateCeramic TileVinyl

Roof

Cedar shakeUnknown

Lot

Level lotPrivate settingTreedBalcony

Community

Family OrientedRural Setting

View

Lake viewMountain viewValley viewView of waterView (panoramic)

Security

Smoke Detector Only
Negative cash flow ~$965/mo at these assumptions

Cash on cash

-6.62%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,391

Financing

Down payment$175,000
Loan amount$700,000
Mortgage$3,547/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401
Insurance$80
Maintenance$729
CapEx reserve$365
Vacancy loss$219

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,547/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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