0.65 km
Distance
Prime 3.92-acre development opportunity in the heart of Ok Falls. Designated Medium Density Residential (MR) in the Official Community Plan, this strategically located parcel offers excellent potential for future multi-family residential development in a growing South Okanagan community. Surrounded by established strata developments and residential neighbourhoods, the property benefits from a proven development pattern and strong compatibility with surrounding land uses. The largely level site stretches from Cedar Street to the Okanagan River, providing an efficient configuration for planning, access, and future development design. With services nearby and residential growth already established in the immediate area, this property presents a compelling opportunity for developers, builders, and investors seeking their next project. The size and layout of the parcel may also support a phased development approach, offering flexibility throughout the planning and construction process. An existing 1, 250 sq. ft. home is situated on the property and may provide interim holding income while development plans are explored. Ideally located at the south end of Skaha Lake, Okanagan Falls continues to attract residents seeking a more attainable lifestyle within the South Okanagan, just minutes from Penticton, wineries, beaches, recreation, and amenities. Buyer to conduct their own due diligence regarding development potential, servicing capacity, zoning, and municipal requirements. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Okanagan Falls, BC area.
23/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
27/100
Bikable
Bike Score ®
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 10/100.
Source: Realty.com
1348 Cedar Street, Okanagan Falls, BC V0H1R0 in Okanagan Falls, BC V0H1R0 is a land listed at $1,950,000. Realty.ca has 15 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 15 photos of 1348 Cedar Street.
The full address for this home is 1348 Cedar Street, Okanagan Falls, BC V0H1R0.
1348 Cedar Street has been listed on Realty.com since Thu June 25, 2026
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 7/100, Transit Score: 0/100, Bike Score: 10/100.
This content last refreshed on 2026-07-29 12:06:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.