The Marshall
Acreage
Report | Spring 2024
An up-to-date report with a focus on providing valuable insights into the local farm, acreage, and unique property market in the Okanagan Valley while effectively marketing our listings locally, regionally, nationally, and internationally in both an online and paper format, supported by Sotheby’s International Realty Canada.
We are pleased to announce the evolution of the of “The Marshall Acreage Report”, now brought fully online to increase our exposure across Canada, and backed by Sotheby’s International Realty Canada to expand our reach internationally. This is a up-to-date report with a focus on providing valuable insights into the local farm, acreage, and unique property market throughout the Okanagan Valley.
As a local REALTOR® with 5 generations of farming knowledge and extensive experience on the successful purchase and sale of farms, acreages, horticultural, viticultural, estate and unique high-value properties, I continue to look forward to sharing my thoughts in this ever-changing niche market. We will continue to share both factual data, as well as objective and subjective interpretations of market conditions from myself and industry professionals. As we strive to continue to be experts across the Okanagan for these unique properties, we hope this report is useful to you in some manner. My direct line at 250-470-2388 is always open if you wish to have a conversation about the market.
This report, along with print advertising, professional content creation, and use of photography/videography are just some of the tools I use to successfully market and sell some of the most notable acreage, farm and unique properties throughout the Okanagan.
As we progress towards the Fall of 2024, I look forward to assisting the smallest landowners, all the way up to the largest ones, navigate through the ever-changing market. I appreciate my clients’ continued support and trust in assisting them on some of the largest transactions of their lives.
Personal Real Estate Corporation, BCOM, REALTOR® and Associate Broker Sotheby’s International Realty Canada
Welcome
01Market Report
Acreages
The acreage and estate market has seen some activity over the last quarter, but as a whole, they are not great sales to see.
There is a trend that sellers who are motivated to sell are leading the pack, and we are seeing continued price decreases that are resulting in sales occurring. A good example was a sale that was previously listed in the high $4,000,000 point before selling at $3,100,000, which was deemed as a “good enough” number for a seller.
This is a continued trend where sellers who wish to sell are being more tolerant on low-ball offers, and some deals are finally sticking together. This has definitely led to some negative pricing pressures, as buyers get the idea that all sellers are suddenly willing to drop a million-plus on their asking price, which is not a reasonable expectation.
That being said, there has been some “normal” sales happening in the $5,000,000+ range, with offers being thrown out with greater frequency than what I have seen over the past few quarters, so it definitely is promising to see some increased levels of activity
Sellers who are motivated to sell are leading the pack, and we are seeing continued price decreases
Scott Marshall
02Okanagan Statistics
Okanagan Acreages
Okanagan Acreages
Similar to last quarter, Buyers continue to be quite price sensitive, with a continued desire to find a “deal”.
With a fair amount of supply available for sale, we have really seen increased competition amongst sellers to try and be the one sale that occurs when a buyer is looking at, and weighing, their respective options.
Buyers are continuing to have more strength than sellers at this time in the market. There is a continuance of negative pricing pressures for sellers at the moment, and we really need to see more sales coming through to start to see a turn in the market. Lower offers continue to be written, and the pricing decreases off our pricing peak in 2022 has continued to be realized. After seeing how the spring market performed, I think we still have a little bit more to decrease in pricing before we start to see sales increase. A fundamental note to watch will be interest rates; I view it as very important to see at least a stabilization in interest rates as we continue through 2024 in order to see some strength in this sector of the market. Increasing interest rates would continue to have a very negative impact for acreage and estate property owners.
Buyers continue to have more strength than sellers. There is a large supply of estate style properties out there, and what we are seeing is many properties sitting 200+ days-on-market with limited showing activity.
Lake Country Acreage Prices
Kelowna Acreage Prices
Vernon Acreage Prices
However, every once in a while, we will then see a property listed that suddenly sells within just a few weeks on market.
This proves that for many purchasers, they are willing to wait until the right high-quality product is available, and will not hesitate to jump on it immediately. I have my own buyers in this exact same situation to where they are looking in the $5,000,000+ range, but require an extremely specialized acreage/estate product with a certain home, style, land-use, etc.
Raw land in particular has had some difficulties, as conservative lending has made for very high down payment requirements on land that has made it nearly unobtainable for most purchasers. Interest rates and more lenient lending will be required to see some healthier sales activity in this sector.
The market, similar to the last few quarters, has been slow. It is great to see some sales activity, albeit not all promising due to the pricing not being spectacular. I expect this spring to be more promising than the last year, as we now have definitively stabilized interest rates, and offers seem to be thrown out with more frequency and willingness. I believe that this year will be a much better one than last year for selling high quality acreages and estates.
*Please note that the pricing and sales numbers above are based on interpretation of market data and are subjective in nature. For farmland and acreages, there is lower sales volume on the MLS than that in the typical real estate sectors, and many transactions that we handle are done privately off of the MLS. These numbers are drawn from my own experience in the sector and through consultation of various industry professionals.
Lake Country Acreage Sales
Kelowna Acreage Sales
Vernon Acreage Sales
03Notable Sales
Sales
Notable Acreage Sales
16070 Carrs Landing Road, Lake Country
15870 Whiskey Cove
4Bedrooms
6Bathrooms
13190 Carrs Landing Road, Lake Country
6004sq.ft.
5Bedrooms
5Bathrooms
5757 Upper Both Road, Kelowna
5574sq.ft.
4Bedrooms
4Bathrooms
2834 Belgo Road
17.9Acres
7127sq.ft.
4Bedrooms
04Market Report
Farmland Market Report
The farmland market has continued its sluggish pace from 2023 so far in 2024.
Interest rates have stabilized at a relatively high rate, and the winter we just went through seems to have been a harsh one. Pertaining to interest rates, current farmland pricing across the valley, especially with listing prices, has created a very difficult environment for farmers to be able to purchase a property with reasonable financing costs. Until interest rates come down, or pricing comes down significantly, I do not expect the farmland market to suddenly increase in sales activity
The cold snap in January will have a negative impact on the farmland market. Talking to both farmers and industry professionals, there is a general consensus that the tree fruit and vineyard markets will have a rough crop year. In some cases, especially further down south, the damage is so severe to the point of experiencing vine and tree loss. This seems especially true in the vineyard/winery industry, as I have seen 100% death of vines in some vineyards, which ultimately will result in the replanting and loss of crop for the next few years. I have also noticed a significant uptick in wineries for sale, both publicly and privately, which is not surprising if the financial situation for vendors has become more difficult. With last year being a rougher year as well, I am unsure if certain owners will be able to absorb the financial strain of replanting multiple years in a row. I anticipate that there will be more land coming for sale based on this winter damage, and ultimately, we could see a transition of vineyard land being turned into tree fruit land if the cherry growers reestablish their presence given excess land coming up for sale. Also, it is worth noting that some of the larger vineyard players in the valley have continued to jump on opportunities as they arise, so we will ultimately see some consolidation within the industry
We could see a transition of vineyard land being turned into tree fruit land
Scott Marshall
05Okanagan Statistics
Okanagan Farmland
Okanagan Farmland
Elevated interest rates for farmland lending are a critical factor for farmland pricing.
The cold snap of January 2024 will lead to additional land coming up for sale, increasing supply and perhaps leading to a decrease in pricing depending on the need to sell land in a timely manner. For the farmland market to see an upward trend of activity, we will need to see interest rates come down as 2024 progresses, and healthy fruit pricing.
I expect spring/summer of 2024 to remain at a relatively slow pace. I have not seen enough activity out there to warrant a statement that insinuates positivity. On a promising note, many major lending institutions are forecasting interest rates to drop as 2024 carries on, meaning that once growers begin to see revenues towards the end of this year, I would expect there to be more sales activity if favorable lending conditions arise.
Lake Country Farmland Prices
Kelowna Farmland Prices
Vernon Farmland Prices
Larger land parcels in the 50+ acre size remain in high-demand. I have several purchasers who are eager to purchase properties that fit the criteria for tree fruits/vineyard with large sizing.
If you are considering selling your large parcel, I have a great list of purchasers I could introduce.
In conclusion, the farmland market has continued to be quite stagnant, and I anticipate this stagnation to continue in the spring/summer, but potential to see a market uptick towards the end of 2024 if interest rates decrease as forecasted.
*Please note that the pricing and sales numbers above are based on interpretation of market data and are subjective in nature. For farmland and acreages, there is lower sales volume on the MLS than that in the typical real estate sectors, and many transactions that we handle are done privately off of the MLS. These numbers are drawn from my own experience in the sector and through consultation of various industry professionals.
Lake Country Farmland Sales
Kelowna Farmland Sales
Vernon Farmland Sales
06Notable Sales
Sales
Notable Farm Sales
3309 McCulloch Road, Kelowna
3980sq.ft.
4Bedrooms
4Bathrooms
14551 Oyama Road, Lake Country
13.25Acres
11951 Okanagan Centre Road W, Lake Country
2700sq.ft.
4Bedrooms
3Bathrooms
2197 Highway 33 E, Kelowna
Featured Acreage
Listings
This is a great opportunity to obtain a premium brand, a stunning residence, and some of the best views that the Okanagan has to offer, all for the first time available to the public.
10.36 acres, 4 bed, 4bath, 4576 sq.ft.
18555 Matsu Drive
Offered for sale is Sage Hills Estate Winery, an established premium boutique winery in Summerland, BC. $13,900,000
View Listing0726 Commonage Road, Vernon
144.92 acre estate in Vernon city limits, with only +/- 9.6 acres within the ALR. 5200+ sq.ft. modern residence, completed in 2016, with 5 bedrooms and 3 bathrooms, a stunning pool, and top-of-the-line cosmetics and mechanical systems. Current A2 zoning permits 12 hectare (30 acre) lots, creating immediate subdivision potential and long-term development potential. The land has significant pasture/grazing land (+/- 21 acres) which has been used for an organic lamb farm, and cattle.
View Listing144.92Acres
5758sq.ft.
5Bedrooms
073623 Glencoe Road, West Kelowna
3623 Glencoe Road
$7,999,999
3623 Glencoe Road, West Kelowna
Opportunity to acquire a turn-key Organic Winery that hasn’t been held outside of the family for over 100 years! Off the Grid Organic Winery is the #3 Trip Advisor destination in West Kelowna following Mission Hill and Quails Gate. A family vineyard focused on sustainable practices, Off the Grid has a diverse revenue stream including wine tours, wine sales, merchandise, food sales, private events, and weddings.
11.317Acres
5553sq.ft.
8Bedrooms
07Lot A + B Oyama Road, Lake Country
Stunning 2 title LAKESHORE ASSEMBLY in the heart of Oyama. LOT A: 12.97 acres total with 1.33 flat acres directly onto Wood Lake, remainder on the upland side. Approximately 850′ of lakeshore frontage. LOT B: 13.80 acres total with 2.70 flat acres directly onto Wood Lake, remainder on the upland side. Approximately 477′ of lakeshore frontage. There may be potential for a lakeshore building site. Each parcel has a 1 acre building site at the top of the property, and each parcel has potential for moorage/dock on the lake. TOTAL: 26.77 acres; 22.72 acres on the upland with 4.03 acres directly on Wood Lake. 1327′ of lakeshore frontage.
View Listing1327Lakeshore
26.77Acres
072304 82nd Ave
This 21.77-acre orchard offers a sanctuary for agricultural endeavors. Renowned as the starting point of the tree fruit industry in the Okanagan Valley, this orchard was planted between 2003 and 2004, and is renowned by the Ministry of Agriculture and Summerland Research station for their studies. Benefiting from a southwest-facing gradual slope, Lot 1 enjoys the longest sun exposure and highest heat degree days in the valley, ensuring optimal fruit maturity. Its unique microclimate dubbed the “golden circle of the Okanagan,” experiences minimal rainfall and is sheltered from storms by surrounding mountain formations. Frost protection is enhanced by the orchard’s topography, with temperatures ranging strategically from bottom to top, mitigating frost risk. During spring and summer, warm air from Osoyoos rises above the orchard, while evening downdrafts contribute to temperature regulation. The irrigation system, installed in 2002-2003, harnesses water from a variety of sources with a focus on the main pumping station at Osoyoos Lake. Plantings on this property include cherries, peaches, apricots, pears, and apples. Lot 1’s fertile soil, ranging from sandy loam to gravel, supports early cherry production and late-maturing red grapes, with additional potential for expansion. The property features two wells and a historical plateau with panoramic views, offering great building sites. With meticulous care and strategic planning, this orchard has thrived for over 58 years.
View Listing21.77Acres
072850 McCurdy Road, Kelowna
This 15.4-acre property is strategically located at the intersection of McCurdy Road and Highway 97, offering excellent visibility and accessibility. It is one of the last substantial tracts of highway-oriented land in central Kelowna, adjacent to commercial, industrial, and retail areas. Mill Creek runs through the property, providing water rights. It is currently agriculturally zoned within the Agricultural Land Reserve, with city servicing available near the property line.
View Listing15.4Acres
07Upper Mission area, Kelowna
Upper Mission area
Prime property in Kelowna’s upper mission area; a private 5.74 acre estate! Panoramic lake and city views with versatility and revenue. 3900 sq.ft. walkout ranche with a air bnb suite. Zoned RR1C to allow for a carriage home. Carriage home and site approved! 3200 sq.ft. shop. Too many features to list for this private estate!
View Listing5.74Acres
3914sq.ft.
4Bedrooms
0716012 Oyama Road Lot A, Lake Country
Unique opportunity to purchase one of the most iconic properties in Oyama. The property offers 3.138238 acres of land, which includes 0.162842 acres onto the Wood Lake side across the road, making this one of the most compelling development properties in the region. Approximately 455′ of lakeshore frontage onto Wood Lake. C9 (Tourist Commercial) zoning is extremely flexible, and includes a specific zoning allowance for a retail store, gas bar & marine fuel facility for this property in particular. Other uses include apartment hotels, hotels, motels, offices, liquor stores, retail, etc. Frontage onto Pelmawash Parkway, Oyama Road, Wood Lake, and the Rail Trail. No current sewer connection; purchaser will either have to accomplish development via an on-site septic system, or coordinate with the District of Lake Country (and/or adjacent property owners) for a Sewer System extension/development.
View Listing3.138Acres
072765 Arthur Road, Kelowna
2765 Arthur Road
$4,995,000
2765 Arthur Road, Kelowna
A rare offering! This unique and private 5-acre estate in coveted McKinley Landing, lovingly cared for by its original owners, is now on the market for the first time. The property features an architecturally stunning 3-bed, 3-bath home designed by Dan Pretty with 2,500+ sq. ft. of living space. This sanctuary combines serene country living with easy access to city amenities. The extension of North Clifton Road into McKinley means this property will soon be a quick car ride from downtown. Enjoy a private beachfront with dock, deck space, outdoor kitchen, and covered sleeping area perfect for Okanagan summers. The beach can be accessed by a footpath along the stream or by a cart path. Active farm status keeps property taxes low and allows for income from an established apiary, raspberry, and tree farm. An extensive irrigation system supports agricultural use, landscaping, and fire prevention. This property is a bird-watcher’s paradise with mature trees and a natural stream surrounded by lush greenery, making the land a haven for wildlife. The home features vaulted ceilings, natural wood, a stone fireplace upstairs, and an antique brick fireplace in the family room, a generous master suite, loft study with rolling ladder, and incredible views from every window. There is an upper deck adjoining the kitchen and a lower deck with a hot tub off the master suite. There is a heated workshop, storage sheds, a trailer pad, and ample parking. Move in or plan your new dream home!
5Acres
2604sq.ft.
3Bedrooms
071429-1409 Teasdale Road, Kelowna
1429-1409 Teasdale Road
$4,995,000
1429-1409 Teasdale Road, Kelowna
Incredibly unique opportunity; 3.3 acre + 10.14 acre titled properties, combining for a 13.44 acre successful u-pick operation in the Belgo area of Kelowna. This property is located just minutes from town, yet feels like your own private estate far from it all. The home offers 5 bedrooms and 4 bathrooms across 3700 sq.ft. of living space. Lakeviews are found on the upper bench off Geen Rd. 2 titles creates lots of flexibilities, as the 3.3 acre lot would allow for another full primary home to be built. Great opportunity to have a profitable business in your backyard, and is a turn-key operation. Great potential for a multi-generational setup w/ the 2 titles and potential for residences.
13.44Acres
3798sq.ft.
5Bedrooms
07991 Salmon River Road, Salmon Arm
23,500+ sq.ft. cherry packing and processing facility. 7.09 acres total. 3 phase, 600 amperage, natural gas, water via well at approx. 75 GPM. Currently running 3 tons of fruit per hour, but potential to increase capacity. 8 lane machine with the ability to add 4 more lanes. Labour housing is located on-site, with 6 mobiles that can accommodate 35-40 workers, and includes a newer septic system w/ 1 acre field. There is a variety of equipment included, such as hydraulic separator, hydrocoolers. chill tank, air-jet grader, and more. Loading docks and lots of turn-around space for vehicles on this spacious lot. This is a turn-key cherry processing plant, and would be great for a variety of orchardists and tree-fruit growers. As cherry production continues further North, this is a strategic location to accommodate future growth and capture market share. This concrete & steel building is significantly under replacement costs and would be well suited to accommodate other agricultural ideas.
View Listing7.09Acres
23588sq.ft.
078100/8104 Silver Star Road, Silver Star
One of the best estates in the Vernon area; 40 acres of private forest terrain, combining the beauty of nature with everyday living. This impressive and professionally renovated 5900+ sq.ft. home features 4 bedrooms, 5 bathrooms, and there is even a fully detached and LEGAL 2 bed, 2 bath carriage/guest house designed to take full advantage of the enormous, sweeping views of Vernon, Coldstream Valley, Kalamalka/Okanagan Lakes, and Terrace Mountain. Bercum Builders was given free reign to make this renovation special… and they did just that with consistent high-quality finishings throughout the entire property. Admire the carefully thought out open-concept floor plan featuring the highest level of craftsmanship and design. The perfect blend of cottage meets urban luxury, featuring smart home technology, in-floor heating throughout, a theatre room, and an unsurpassed attention to detail with stunning wood finishes accessorizing every room. The grounds feature a solar heated pool with over 3000sq.ft. of patio, 2 wired shops, horse barn, corral, and sheds. Professional fire mitigation system w/ cistern & sprinkler systems. Backup generator for self-sufficiency. The land would be well suited for equestrian use given the barn and pasture areas. Minutes from Silver Star Mountain Resort, and downtown Vernon; you feel like you’re away from it all but are just minutes to amenities. Not in the ALR. No spec tax. Water rights off the creek. Zoning may permit large lot subdivision.
View Listing40Acres
7426sq.ft.
5Bedrooms
075774 Deadpine Drive, Kelowna
5774 Deadpine Drive
6000+ sq.ft., newly renovated 6 bedroom, 6 bathroom residence situated on 9.364 acres of land in the Ellison area of Kelowna with a huge pool, lake views, and more. The home has been renovated from top to bottom and down to the studs, including brand-new electrical, plumbing, drywall, insulation, exterior (including roof), all cosmetic finishings, and more, making this a showstopping renovation by Caliber Developments. Through the gated entry, you are immediately drawn to the wood and stone exterior of the home, with a huge oversized triple car garage and additional side garage, perfect for a dedicated workshop. The living room with over height ceilings/windows is complimented by a wood-burning stove and a cooled wine room. Down a half-level is the new kitchen, complimented by brand-new appliances, an emphatic double island, and a family room, all opening up to the outdoor living space for a perfect indoor/outdoor transition. Off the kitchen is a powder room, and bedroom/office. Outside, the infinity pool offers expansive views of the lake and valley ahead, and concrete areas for entertaining.
View Listing9.364Acres
6754sq.ft.
6Bedrooms
07656 Curtis Road, Kelowna
656 Curtis Road
Location Location Location! Welcome to 656 Curtis Road, a scenic 5.1 acre parcel nestled in the heart of Glenmore. Through the gates of the property, you immediately get a sense of how special this property is with 5 pastures, cross fencing, 7 stall barn (w/ tack room), and a 1600 sq.ft. detached garage with full radiant in-floor heating. This property offers a 4000+ sq.ft. home with 5 bedrooms, 3 bathrooms, and a legal suite!
View Listing5.1Acres
4105sq.ft.
5Bedrooms
073380 Neid Road, Kelowna
3380 Neid Road
4.35 acre lakeview vineyard estate in South East Kelowna! After the vineyard lined driveway, you are greeted with the stunning main home, which offers 5 beds and 5 baths. The layout is great for families, but also great for guests with an in-law suite with separate entrance. The land is planted to the Bacchus grape, and has produced up to 16 tons from the land. There is no long term lease associated with the land. Overall, this is a great opportunity to acquire a coveted vineyard estate with a sizeable home, views and privacy in the desirable Southeast Kelowna area!
View Listing4.35Acres
5006sq.ft.
5Bedrooms
075720 Upper Booth Road, Kelowna
5720 Upper Booth Road
$3,750,000
5720 Upper Booth Road, Kelowna
Stunning estate perched on 13.69 acres in the Ellison area. Beautiful 3 bed, 5 bath residence with high-end, unique architectural features, perfectly laid out as a sprawling 1-level rancher. Superior build quality with soaring ceiling height, ICF construction to the ceiling, 44 solar panels, in-floor heating throughout, bioethanol fireplace, open beams brought in from Prince George, & more. So many unique interior finishings that make this a one-of-a-kind home. 40’x20′ pool with a 10′ “”beach”” section for lounging, alongside a hot-tub area and stunning natural-rock outdoor shower. Panoramic lake, valley, and mountain views with outstanding privacy. Completely open, modern layout with a 20′ sliding glass door to open to the covered deck space, featuring an outdoor kitchen area, fire tables, California shades, and heaters; this makes for an unparalleled indoor/outdoor space with hundreds of feet of outdoor space that wrap around the side of the home to a private dining area w/ rock slab table. There is also an underground wine cellar and root cellar. The garage features 2 EV charging stations to pair with the 44 solar panels, and custom Hayley cabinetry. The grounds include private trails, garden, and extra parking space for all your toys. 2400 sq.ft. timber workshop makes for the perfect space for woodworking or functional work space. Upon entering through the gates of the estate it feels that you’ve truly arrived at your own piece of paradise here in the sunny Okanagan Valley.
2331sq.ft.
3Bedrooms
5Bathrooms
079983 Okanagan Centre Road W, Lake Country
9983 Okanagan Centre Road W
$3,750,000
9983 Okanagan Centre Road W, Lake Country
Semi-lakeshore estate with 2 titles, encompassing 9.07 acres (5.1+3.97) of land zoned RR2 and NOT in the ALR. 9983 offers 3.97 acres of land with a beautiful 4 bedroom, 3 bathroom home. Vaulted wood ceilings, huge windows to capture the Okanagan Lake views, and heated tile floors on the main are all features that make this a great semi-lakeshore home. There is a 4 car garage for the cars and the toys, and plenty of excess room for additional parking. There is an outdoor kitchen area w/ concrete patio and a wrap around deck space. Spend 15 seconds walking across the road to enjoy the beautiful beach. Lot 28 is a 5.1 acre piece of land that has subdivision potential for a 2 lot subdivision (buyer to investigate). The land was historically successful with plums, but has been recently cleared as of May 2023. The properties are currently fed with the lake intake water system associated with 9983. Lot 28 may be sold in isolation, but the 9983 property (property w/ home) must be sold in conjunction with lot 28. Outstanding opportunity to acquire 2 titles with plenty of upside potential that total over 9 acres in the prestigious Okanagan Centre area of Lake Country. 2 titles gives building flexibility for multiple primary homes that would make for an outstanding family compound. Boat launch, cafe, and wineries all just a quick drive away!
9.07Acres
2594sq.ft.
4Bedrooms
074160 June Springs Road, Kelowna
A stunning and private estate set on 6.55 acres in the desirable area of South East Kelowna. Just minutes from town, this home offers seclusion in a prestigious neighborhood with the benefit of urban convenience. This property boasts a luxurious 5200+ sq.ft main home, a secondary care-takers home and a professional detached garage with 2400 sq. ft of workspace + 800 sq.ft. mezzanine, and another detached garage. Main home features 4 bedrooms and 4 bathrooms with an abundance of natural light and top-notch finishing. Large master bedroom with spa-like ensuite. Lower entertainers level with theater room, cedar lined wine cellar, and a walkout entrance leading to the large backyard. Currently has Bed & Breakfast license for revenue opportunities. Outside, the oversized deck, standalone rock fireplace, heated inground pool, 1/4 mile of engineered green granite wall, hot tub and wet bar with TV. Paved driveway from front to back of property. Attached triple car garage for the car lovers with an additional detached heated workshop complete with engine hoist and high ceilings. Artesian well for water. 2nd home on property has a suite upstairs and downstairs, currently tenanted but can be used as a care-takers home. The perfect mix of a luxurious primary home, secondary home for family/guests/income, oversized garages for all the toys, 6+ acres of land (ready for farm status), and a wonderful location just minutes to all urban amenities.
View Listing6.55Acres
5284sq.ft.
4Bedrooms
0710833 Hare Road, Lake Country
4.58 acre parcel with outstanding lakeviews and 2 new homes in Lake Country! Located at the end of a no-thru road and perched to maximize the lake-views, this property offers great land size and privacy. Main home offers 4 bedrooms + office, 4 bathrooms and 3500+ sq.ft. of living space. Main floor offers an open living space with vaulted ceilings, kitchen with stainless steel appliances & two-tone cabinetry, spacious master bedroom with walk-in closet and 5-pce bathroom incl. his/her sinks, and 2 additional bedrooms serviced by a full bathroom. Large laundry/mud room with access to the triple car garage w/ extra gym space. Upstairs, there is another bedroom with loft space and another full bathroom. Large outdoor patio space to maximize the expansive lake-views of Okanagan Lake ahead. Spectacular carriage home, offering a triple car garage and a rancher-style 1 bedroom, 2 bathroom layout with soaring ceilings. Large master bedroom with private ensuite w/ his/her sinks and walk-in closet. Back porch offers a shaded, landscaped area and small pond. The property has room for a pool and space for a workshop.
View Listing4.58Acres
4532sq.ft.
5Bedrooms
0715829 Greenhow Road, Lake Country
15829 Greenhow Road, Lake Country
Stunning 10 acre parcel in the Oyama area of Lake Country w/ unique A1ta (Agri-Tourism Accommodation) zoning & operating RV park! The primary home offers 4300+ sq.ft., w/ 7 beds + office/den & 7 baths across 2 levels of living space. The main level has been substantially renovated & includes a stunning chefs kitchen w/ enormous kitchen island, opened up to the spacious living room. Access to a patio that spans across the back of the home & offers great views of the land below. 3 beds + office on the main incl. a separate master wing that has a sitting room w/ fireplace, large walk-in closet & a newly renovated ensuite w/ his/her sinks & tiled shower. Spectacular views of BOTH Kalamalka & Wood lakes throughout. Downstairs features 4 beds, all with their own entrance & 2-pce private ensuite. Theres also a 4-pce common bath. Summer kitchen area & add. access to the triple car garage. This layout could be well suited to a bed and breakfast. One of the most unique features of the property is the 10 stall RV park; provides great seasonal rental rates in the spring/summer/fall months! Theres also 2+ acres planted to apples, leased year-to-year to a local farmer. Approx. 3.6 acres (some cleared, some lightly treed) that could be used for add. horticultural uses;slope would be great for a vineyard or tree fruits. It is rare to find such a property so close to the water w/ both Kalamalka & Wood lakes just a quick walk away.
View Listing10Acres
4365sq.ft.
7Bedrooms
078349 Okanagan Landing Road, Vernon
8349 Okanagan Landing Road, Vernon
Beautiful lakeshore property in the Okanagan Landing area of Vernon. With 0.35 acres and 102′ on the water, this Okanagan Lake property is primarily flat with a very spacious feel. The home offers 5200+ sq.ft. of living space with 5 bedrooms and 6 bathrooms. The kitchen area offers wood cabinetry, tiled flooring, granite countertops, and stainless steel appliances. The living room is spacious with a tiled fireplace, a large formal bar area, and access to the deck space facing the lake. This is a great layout for large families or those wanting to share a large lakeshore retreat. 4 bedrooms on the upper floor, all with ensuites, allow for great independent spaces for family or visitors. Downstairs, the expansive walk-out basement offers huge recreation room space, storage, and easy access to the outdoor space. Mechanical systems include 3 independent furnaces, one for each floor. The outdoor space is spectacular, with the upper floor having decks, a partially covered main floor deck with stairs down to below, and then the huge yard space. There is substantial stamped concrete, a sports/basketball court, a hot tub area, and a large fenced yard. The conforming dock is from 2019, and the lakeshore is clean with great swimming accessibility. Just minutes to Vernon with all amenities close by, and a quick drive to the Kelowna International Airport. 5 minute boat ride to marine gas!
View Listing102′Lakeshore
0.35Acres
5213sq.ft.
071810 Hilltop Crescent, Kelowna
1810 Hilltop Crescent, Kelowna
DP approved 24-unit, 6-storey multi family site in the Mckinley Area of Kelowna. As part of the master planned community, all units in this development will have access to McKinley’s wide array of amenities, an indoor pool, sauna, outdoor hot-tub, indoor gym, yoga studio, and tennis & pickleball across the street! This is an ideal boutique condo development with 51 parking stalls, allowing for 2 stalls per unit. The townhomes offer a multi-level design with a range of floor plans from 2000-2400 sq.ft. The condos offer 1500-1560 sq.ft. and feature 300+ sq.ft. decks each! The layouts of the units are all 3 bedrooms, with townhomes at the ground floor level and spacious condos above. The architecture, designed by Bluegreen Architecture, is both stunning and high-end, and with development permit approval, you can take this building to completion with a quick timeline and with significant soft costs already incurred. With 40,795 sqft buildable, this opportunity offers an attractive per price sqft in comparison to alternative options; why buy a land assembly when there is a near shovel ready site with DP already approved? DC Zoning should still allow for short term rental / air BnB possibilities, if building designed correctly (Buyer to verify). Call for further information.
View Listing.7Acres
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The Marshall Reports
Reports with a focus on providing valuable insights into the local luxury, lakeshore, acreage, and unique property market throughout the Central Okanagan.
Why Work
With Us
$150M
Total sales volume since 2020
180+
transactions since 2020
3
agents
80+
active listings
Meet the Team
The Scott Marshall Group is a sophisticated group of high-producing agents at Sotheby’s International Realty Canada.
After 8 years at a large international real estate company, achieving the top sales position out of its 200+ agents and #2 in sales for British Columbia, Scott transitioned to Sotheby’s International Realty Canada.
Now, with multiple high-producing agents that mirror the success of his individual success, their team has produced hundreds of millions of dollars in sales volume, and have created some of the most effective and irreplaceable marketing platforms in the industry. Being part of the fifth generation of his family to call the Okanagan home, the Marshall family has a proud history in real estate and farming dating back to 1911; Scott knows the area like the back of his hand and every possible detail that is relevant to a potential transaction in the Okanagan. A large percentage of his business comes through repeat business and the referrals of satisfied clients.
Awards
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** 2022 – RE/MAX Canada
Contact
Scott Marshall and his team are happy to assist in any way possible on the potential purchase or sale of any property here in the Okanagan Valley. With a history dating back to 1911, we know the area like the back of our hands.