$ 1,499,000

5005 Lakeshore Drive Unit# 111, Osoyoos

Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq. ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views. The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity. Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living. (id:1945)
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Property details for 5005 Lakeshore Drive Unit# 111, Osoyoos

Type
Residential
Style
Ranch
Bedrooms
4
Bathrooms
3
Living Area
4,866 square feet
Lot Size
0.27
Stories
3
Basement
Full
Parking
Attached Garage
Heating
Forced air, Electric, See remarks
Cooling
Central air conditioning
Exterior
Stucco
Ownership
Condo/Strata
Annual Taxes
$3,190
Condo Fee
$219 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 5005 Lakeshore Drive Unit# 111

Active Listings
12
Min Price
$595,000
Max Price
$2,150,000
Avg Price
$1,129,408
Days on Market
126
days
Sold Listings
3
Min Sold Price
$725,000
Max Sold Price
$799,000
Avg Sold Price
$764,333
Days until Sold
150
days

Neighbourhood Census Data

Osoyoos, British Columbia / Colombie-Britannique

Population
574
Median Age
59.1
Median Income
$28,992
Dwelling Value
$374,935

Housing Tenure

Owners 73%
Renters 26%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 728.1/km²
Avg Shelter Cost: $847/mo
Owners with Mortgage: 42.5%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 57.1%
English only: 92.2%
English and French: 7%
Neither: 1.7%
Median Household Income: $51,712
Median Employment Income: $21,792

Price History

Listed
June 24, 2026
by RE/MAX Realty Solutions
Current Price
$1,499,000
Type
Residential
For Sale
5005 Lakeshore Drive Unit# 111

Contact Agent Get in touch about 5005 Lakeshore Drive Unit# 111, Osoyoos

Eileen McGinn
Eileen McGinn
RE/MAX Realty Solutions