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Rare opportunity for Okanagan Land Assembly here. Secure adjacent, fully serviced lots, generate rent and get to work! All in the heart of Summerland, literally right next door to an already approved major land assembly, which includes the Okanagan's newest Hotel offering...It's not too late to benefit from all the new investments driving this small town boom. Both parcels are zoned RU2 Multi-Family, providing meaningful flexibility. Whether you’re considering building, looking to generate revenue while holding land, or MORE, a wide range of options are here. Schools, parks, shopping, and transit are all within walking distance; an incredible development future is right here, right now. Potential for vendor financing. Contact listing agent.
Highlights
- Two adjacent lots, 0.42 acres combined, both zoned RU2 Multi-Family per the listing.
- The listing says both lots are fully serviced, with municipal water and municipal sewer.
- Per the listing, vendor financing may be available.
- Straight-line distances: town centre 710 m, Harold Simpson Centre 390 m, Summerland Secondary 550 m, Okanagan Lake 1.7 km.
Things to check
- Ask the municipality what uses and building forms the RU2 zoning allows on these two lots.
- Ask whether the 1959 house on the lots is included in the sale and what permits would apply to any changes.
- Ask for the terms of the vendor financing mentioned in the listing.
- Penticton Regional Hospital is listed at 15.6 km straight-line; ask about driving time if this matters to you.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Overall neighbourhood score 8.4 / 10; walk & bike score 7.6 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
Main level
- Primary Bedroom7'6" x 14'6"
- Living room11'0" x 14'0"
- Kitchen10'6" x 14'6"
- Dining room8'8" x 11'0"
- Bedroom7'10" x 11'6"
- Bedroom8'6" x 10'6"
- 4pc Bathroom
Basement
- Storage9' x 165'
- Games room7'10" x 9'0"
- Laundry room10'6" x 25'0"
- 3pc Bathroom
- Price
- $884,900
- MLS® number
- 10378797
- Property type
- Single-family home
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,443 sq ft
- Lot size
- 0.42 acres
- Year built
- 1959
- Storeys
- 1
- Parking spaces
- 3
- Annual taxes
- $3,718
- Community
- Main Town, Summerland
- Style
- Ranch
- Basement
- Full
- Heating
- Forced air
- Parking
- RV, Additional Parking
- Roof
- Asphalt shingle
- Exterior
- Stucco, Vinyl siding
- Appliances
- Washer, Refrigerator, Dishwasher, Range, Dryer
- Lot features
- Private setting
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Parking details
- 3 spaces in total · Other, RV, Additional Parking
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Listing information is provided by Rennie & Associates Realty Ltd. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.