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Picked for a similar area, home type, price, bedrooms and size.
So rare to find an available blank canvas lakefront lot. 50 feet of beautiful Okanagan Lakeshore with waterfront deck and pergola, boat launch, storage shed, outhouse, and concrete pad perfect for your RV or cabin plans. Fenced for security on all but the waterfront side, this property is located on OKIB land and operates with a longstanding Buckshee Lease with 5 year terms. Current lease rate is $8,400/year and lease is in place until 2029. This property can be used recreationally or, as many have done, create that year-round living space and enjoy lakefront living even into the quiet shoulder seasons. If you dream of having waterfront property this could be your perfect opportunity. Book your showing soon and get the water toys out. Relaxation and recreation is in order...and summer IS just around the corner!!
Highlights
- Lakefront lot with about 50 feet of Okanagan Lake shoreline, per the listing.
- The lake is about 20 m away, straight-line.
- Lake and mountain views are listed, and the lot includes a boat launch, storage shed and concrete pad.
- Per the listing, the Buckshee Lease is in place until 2029, with a current rate of $8,400 per year.
Things to check
- Ask for the full Buckshee Lease, including what happens after 2029 and any rules on year-round use.
- Ask what the $8,400 yearly lease payment covers and how the rate may change at each 5-year term.
- The listing shows no sewage system and mentions an outhouse. Ask what waste disposal rules apply to this lot.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Insider tip: Zoning, permits and what you can build or rent out depend on whether a property is in Vernon, Coldstream or the regional district. Vernon area questions, answered →
Overall neighbourhood score 5.8 / 10; walk & bike score 1 / 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.
- Price
- $140,000
- MLS® number
- 10386573
- Property type
- Lot / land
- Ownership
- Leasehold
- Community
- Okanagan North, Vernon
- View
- Lake view, Mountain view
- Waterfront
- Waterfront on lake
- Sewer
- No sewage system
- Utilities
- Water, Electricity
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Listing information is provided by Coldwell Banker Executives Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-15.