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**Looking for the perfect recreational lakefront getaway on Okanagan Lake?** This meticulously maintained leasehold property on Ki Low Na Road is just 30 minutes from Vernon and offers 50 feet of prime Okanagan Lake frontage. The property is fully set up for seasonal RV living, featuring a spacious 27' x 12' deck with room to park your RV alongside. It includes a septic system with tank and field, making it ready for comfortable seasonal enjoyment. Enjoy everything lake life has to offer with a 90-foot dock complete with a powered boat lift, plus your own private boat launch right beside the dock. A storage shed with a 100-amp electrical panel provides ample power, including two 30-amp RV hookups—perfect for hosting family or friends with a second RV. The property is serviced by a lake water intake and an underground sprinkler system to keep the lawn lush throughout the season. Located at the very end of the road, this lot offers exceptional privacy, along with a sandy beach area and a fire pit—the perfect place to gather for evenings by the water and, of course, s'mores! This property is situated on First Nations leasehold land and is available for seasonal use from April 1 through October 31. The current annual lease is **US$5,500**, reviewed every five years and subject to adjustment. Upon the sale of a leasehold interest, the landowner receives **15% of the gross sale price**. As this is a ""buckshee"" (handshake) lease, conventional financing is not available. The current owner has enjoyed this property for 22 years without issue. If you've been dreaming of affordable Okanagan lakefront where you can boat, swim, relax, and create lasting family memories, this is an exceptional opportunity.
Highlights
- Offers 50 feet of Okanagan Lake frontage, with a 90-foot dock and a powered boat lift, per the listing.
- Available for seasonal use from April 1 through October 31, with a 27' x 12' deck and room to park an RV beside it.
- Includes two 30-amp RV hookups and a storage shed with a 100-amp electrical panel, per the listing.
- Features a sandy beach, a private boat launch beside the dock, and a fire pit, at the very end of the road.
- Okanagan Lake is 20 m away (straight-line), and Ellison Park is 5.2 km away.
Things to check
- This is leasehold land on First Nations land. Ask for the lease documents and have a lawyer review the terms.
- The annual lease is US$5,500, reviewed every five years and subject to adjustment. Ask for the current amount and review history.
- On a sale, the landowner receives 15% of the gross sale price. Ask how this affects your costs when you resell.
- This is a handshake lease, so conventional financing is not available. Ask how you would finance the purchase.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Insider tip: Alberta has no land transfer tax, but B.C. charges property transfer tax when the title registers in your name. Buying a home in B.C. when you’re moving from out of province →
Overall neighbourhood score 5.5 / 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
- $139,900
- MLS® number
- 10393655
- Property type
- Lot / land
- Ownership
- Leasehold
- Community
- Okanagan North, Vernon
- Waterfront
- Waterfront on lake
- Lot features
- Level lot, Private setting
- Water
- Lake/River Water Intake
- Sewer
- Septic tank
- Utilities
- Electricity
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