1 / 43
Investment signal

$2,479,000

4597 Lakeside Road

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

2000

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

RARE ~ 100 ft. of SKAHA LAKEFRONT – easy walk-on access, flat and sandy, with an immaculate semi-custom home on Penticton city water and sewer. Swim or paddle right from your beach, head up to Skaha Bluffs, meet friends at the neighbourhood pub, and benefit from close proximity to all amenities for summer or year-round living. The property is securely gated, offering privacy on a beautifully landscaped lot complete with a sun-shading weeping willow, natural shoreline, and panoramic views. This home is filled with light in every room, with dual aspect windows framing views of the lake and surrounding hills. Relax by the lake, lounge in the sunroom, or cozy up in the family room—all conveniently located near the open kitchen, complete with Bertazzoni range, powder room, and laundry area. Upstairs opens to a bright landing suitable for an office or flex space, plus three spacious bedrooms, including a well-appointed primary bedroom overlooking the lake. An ensuite, walk-in closet, four-piece bathroom, and ample storage ensure comfort for homeowners and guests. Take advantage of the large outdoor patio and shower, easy-maintenance yard, and indoor storage for garden equipment. This highly sought-after wide, flat lakefront could accommodate a future dock or be enjoyed as is with unobstructed views. Whether you're seeking a full-time residence, a luxurious vacation retreat, or an investment opportunity, this rare lakefront offering captures the best of Okanagan living. (id:65958)

Subtype
Single Family
Structure
House
Community
Main South
Common interest
Freehold
Living area
2,086 square feet
Lot size
0.16 acres
Lot dimensions
0.16
Stories
2
Fireplace
1
On market
Apr 24, 2026
Status changed
Apr 27, 2026
Annual tax
$10,647.78
Photos
42
MLS#
10384842
Area
PENTICTON

Features and systems

Appliances

RefrigeratorRange - GasDishwasherHood FanWasher/Dryer Stack-Up

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Stucco

Flooring

TileLaminate

Roof

Asphalt shingleUnknown

View

Lake viewMountain view
Negative cash flow ~$2,584/mo at these assumptions

Cash on cash

-6.25%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,120

Financing

Down payment$495,800
Loan amount$1,983,200
Mortgage$10,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,136
Insurance$80
Maintenance$2,066
CapEx reserve$1,033
Vacancy loss$620

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 $10,049/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 27, 2026.

We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.