502 Merlot Avenue, Oliver
Build your dream home in one of Oliver’s most desirable neighbourhoods! Presenting 502 Merlot Avenue, a 0.223 acre building lot on a gentle slope with the potential for stunning lake views. Zoned RS1 for low-density residential use, the property offers exciting possibilities for a single-family home, duplex, or townhomes, subject to municipal regulations and approvals. The lot is serviced for connection to municipal water and sewer, offering added convenience as you plan your build. Enjoy the relaxed South Okanagan lifestyle, with scenic surroundings, Oliver’s world class wineries, and restaurants, shopping, and schools nearby. Whether you’re envisioning your forever home or exploring a development opportunity, this property is full of potential in a fantastic location! *Buyers to conduct their own due diligence regarding property lines, lot dimensions, zoning, building potential, setbacks, servicing, and all applicable municipal requirements. Buyers to verify all information and satisfy themselves as to the suitability of the property for their intended use prior to purchase. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 502 Merlot Avenue, Oliver
- Type
- Lots and Land
- Lot Size
- 0.22
- Ownership
- Freehold
- Annual Taxes
- $2,104
Nearby Listings Stat
Estimated price and comparable properties near 502 Merlot Avenue
Active Listings
63
Min Price
$128,000
Max Price
$2,750,000
Avg Price
$707,598
Days on Market
116
days
Sold Listings
16
Min Sold Price
$205,000
Max Sold Price
$3,399,000
Avg Sold Price
$842,500
Days until Sold
138
days
Neighbourhood Census Data
Oliver, British Columbia / Colombie-Britannique
Population
777
Median Age
64.2
Median Income
$33,877
Dwelling Value
$449,620
Housing Tenure
Owners 91%
Renters 9%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,108.3/km²
Avg Shelter Cost: $885/mo
Owners with Mortgage: 35%
Owners Spending 30%+: 10%
Tenants Spending 30%+: 0%
English only: 94.2%
English and French: 5.8%
Median Household Income: $70,208
Median Employment Income: $14,640
Price History
Listed
October 23, 2026
by Macdonald Realty
Current Price
$349,900
Type
Lots and Land
For Sale
