$12,498,000
3960 Beach Avenue
Beds
—
Baths
—
Sqft
—
Year
—
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Peachland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Discover nearly four acres of prime semi-waterfront property in the heart of the Okanagan, offering a unique blend of natural beauty and multi-family development potential. This flat, 100% usable land is less than 30 minutes to Kelowna and just 5 minutes off the Coquihalla Connector, getting you to Vancouver in just 4 hours. Lined with beautiful 40-foot trees and a short stroll down Beach Avenue to the charming downtown Peachland, the property is zoned CD11, presenting exciting opportunities for multi-family redevelopment and other potential uses. Properties like this rarely become available—contact LR for more details. Duplicate listing under MLS 10382760 (Land) and MLS 10382761 (Commercial). (id:65958)
- Subtype
- Other
- Structure
- Residential Commercial Mix
- Community
- Peachland
- Lot size
- 3.83 acres
- Lot dimensions
- 3.83
- On market
- Apr 9, 2026
- Status changed
- Apr 24, 2026
- Photos
- 17
- MLS#
- 10382761
- Area
- PEACHLAND
Cash on cash
-6.10%
Cap rate
3.64%
GRM
16.7
Break-even rent
$75,885
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.