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Investment signal

$5,900,000

14807 89th Street

Save this home

Beds

3

Baths

2

Sqft

Year

1960

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Welcome to a truly rare and irreplaceable waterfront estate on the shores of Osoyoos Lake, an extraordinary offering where lifestyle, income potential and legacy converge. Spanning 12.85 acres with over 550 ft of shoreline, this one-of-a-kind property presents an unparalleled opportunity for a private retreat, income-producing venture, or future vineyard estate in one of the South Okanagan’s most celebrated wine regions. An established RV park with beach volleyball court, soccer field & shower/washroom facilities offers immediate revenue with room to expand. Two residences provide flexibility for hosting, multi-generational living or rental income. The main home is a beautifully reimagined rancher with walk-out basement, offering over 2600 sq ft of refined living. Graceful arches frame captivating lake views from nearly every room. Expansive decking captures breathtaking panoramic vistas from sunrise to sunset. The second home, approx. 1300 sq ft with 3 bedrooms, offers its own elevated experience with a generous deck, sunken hot tub & amazing lake views. Approx. 10.5 acres of productive orchard, supported by extensive infrastructure, presents a rare opportunity to transition into a boutique vineyard or estate winery. Outbuildings include a cooler, storage, root cellar, 50x24 shop, 3-phase power, drilled well with irrigation & 2 septic systems. A legacy property defined by beauty, versatility, and vision, truly one of the South Okanagan’s most exceptional offerings. (id:65958)

Subtype
Single Family
Architectural style
Ranch, Contemporary
Structure
House
Community
Osoyoos Rural
Common interest
Freehold
Living area
2,617 square feet
Lot size
12.85 acres
Lot dimensions
12.85
Parking
12 total
Stories
2
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$3,809
Photos
76
MLS#
10382108
Area
OSOYOOS

Features and systems

Parking

Detached GarageRVSee RemarksAdditional Parking

Basement

FullRemodeled Basement

Appliances

RefrigeratorWater softenerRange - GasDishwasherMicrowaveWasher & Dryer

Heating

Forced airSee remarks

Cooling

Central air conditioningHeat Pump

Exterior

Other

Roof

Asphalt shingleUnknown

Lot

Private settingCentral islandTwo Balconies

View

Lake viewMountain viewView of waterUnknown
Negative cash flow ~$6,050/mo at these assumptions

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$35,868

Financing

Down payment$1,180,000
Loan amount$4,720,000
Mortgage$23,916/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,704
Insurance$80
Maintenance$4,917
CapEx reserve$2,458
Vacancy loss$1,475

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 $23,916/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 13, 2026.

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