3498 Drought Road Peachland, British Columbia V0H 1X1

$1,495,000

An extraordinary 1.4-acre waterfront property offering an impressive 407 feet of shoreline along the crystal-clear waters of Okanagan Lake. A rare opportunity to secure a substantial stretch of waterfront in one of Peachland's most picturesque settings, with sweeping panoramic lake views, beautiful turquoise water & a spectacular natural landscape. The property's elevated position captures breathtaking views across the lake & surrounding mountains, while mature trees, natural rock formations & established greenery create a sense of privacy & tranquility. With its generous acreage & remarkable waterfront frontage, the possibilities for creating a custom lakeside estate are truly exceptional. Envision expansive windows framing the water, beautiful outdoor entertaining spaces & a thoughtfully designed residence that embraces the natural surroundings. The existing home is in poor condition & presents an opportunity for redevelopment or potentially extensive renovation, subject to professional assessment & necessary approvals. Just minutes from the heart of Peachland, enjoy convenient access to waterfront dining, shopping, wineries & recreation, while remaining within easy reach of West Kelowna. A remarkable opportunity to create a legacy waterfront property in an unforgettable Okanagan setting. Buyers to verify all renovation & development possibilities. This property is one of four individual listings available for purchase together as a rare land assembly, offering an exceptional opportunity to create a significant waterfront estate on Okanagan Lake. (3520 Drought, 3560 Drought, 3498 Drought & 5181 Robinson). (id:58301)

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https://www.realtor.ca/real-estate/30397738/3498-drought-road-peachland-peachland