5286 Buchanan Road, Peachland
BUILDERS, INVESTORS, DEVELOPERS look no further for an ideally positioned future development opportunity with rental income or personal use coverage in the interim. Gently sloped site, 180 degree Okanagan Lake views, walkable beach accesses, 30 minutes closer to Vancouver. The vision is here for a well timed acquisition in advance of the poised market recovery. This charming lakeview home with unstoppable views sits on .49 of an acre with public road access from both Buchanan Rd and Tailyour Ln. Numerous redevelopment options present themselves from 2 - 4 exclusive lakeview lots, up to 7 potential townhomes or a more comprehensive redevelopment through adjacent land acquisitions. The underused basement has the potential to add bedrooms and more rental revenue as well. Site power has been upgraded to 400 amps. (id:1945)
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Property details for 5286 Buchanan Road, Peachland
- Type
- Residential
- Style
- Ranch
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,471 square feet
- Lot Size
- 0.49
- Stories
- 1
- Basement
- Partial
- Parking
- Carport
- Heating
- Baseboard heaters, Forced air, Electric, See remarks
- Cooling
- Central air conditioning
- Exterior
- Wood siding
- Ownership
- Freehold
- Annual Taxes
- $4,488
Nearby Listings Stat
Estimated price and comparable properties near 5286 Buchanan Road
Active Listings
8
Min Price
$475,000
Max Price
$899,900
Avg Price
$653,175
Days on Market
73
days
Sold Listings
2
Min Sold Price
$619,000
Max Sold Price
$672,000
Avg Sold Price
$645,500
Days until Sold
57
days
Neighbourhood Census Data
Peachland, British Columbia / Colombie-Britannique
Population
711
Median Age
57.8
Median Income
$33,195
Dwelling Value
$500,356
Housing Tenure
Owners 90%
Renters 10%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 216.0/km²
Avg Shelter Cost: $1,124/mo
Owners with Mortgage: 49.1%
Owners Spending 30%+: 17%
Tenants Spending 30%+: 42.9%
English only: 93%
English and French: 7%
Median Household Income: $76,032
Median Employment Income: $28,960
Price History
Listed
April 20, 2026
by Stilhavn Real Estate Services
Current Price
$899,900
-4.2% from last change
Type
Residential
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $899,900 | $39,100 (-4.2%) |
| Jun 29, 2026 | $939,000 | $50,000 (-5.1%) |
| May 19, 2026 | $989,000 | Listed |
