$16,500,000
12056 Okanagan Centre Road W, Lake Country
Acreage, 5.52 acres · MLS® 10373261
Hall Cassie Marshall Group listingSotheby's International Realty Canada
$45,000,000
15799 Sawmill Road, Lake Country
Development land
Overview
475.677 acres across four titles, located in the District of Lake Country boundaries.
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $45,000,000.
- Transfer tax
- $2,168,000
- Down payment
- $9,000,000
- Mortgage
- $36,000,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorParcel “1” is the crown jewel of the offering, offering 136.35 acres of land on the world-renowned Kalamalka Lake, with +/-3,150 feet of lakeshore frontage; Approximately 2.1 acres of this parcel are in the ALR. This parcel is being used as an active and well-known gravel pit operation/extraction, Pier Mac Sand and Gravel. This parcel also offers a large shop.
Immediately to the east of this parcel is parcel “2” , comprising 160 acres, completely outside of the ALR. To the South of this parcel is parcel “3” , comprising of 149.98 acres also outside of the ALR. Parcel “4” is 29.33 acres in the ALR, and offers the sales component of the gravel/sand operations.
This parcel offers another shop area and a scale shack + equipment. The majority of the lands have an Official Community Plan (OCP) Future Land Use designation of “Rural” , applicable to parcels 1, 2, and 3. Parcel 4 has a future land use of Urban Residential and Agricultural.
Asking price includes equipment/machinery, all materials + reserves, and property (at time of listing; subject to future adjustments at time of sale). District of Lake Country is reviewing its OCP and are open to development ideas. Inquire for details.
GST Applicable.
Photos
Where it is
How far it is
- Kelowna International Airport (YLW)
- About 18 km
- UBC Okanagan
- About 20 km
- Downtown Kelowna (City Hall)
- About 27 km
Approximate, as the crow flies, from the listing's map point. The drive is longer.
Life nearby
Straight-line distances from the map point, rounded to the kilometre. The drive is longer, often around a lake.
- Kaloya Regional ParkPark. Under 1 km, as the crow flies
- Pioneer ParkBeach. About 1 km, as the crow flies
- Oyama Boat LaunchPark, Oyama. About 1 km, as the crow flies
- Rail trail at Oyama RoadRail trail access, Oyama. About 2 km, as the crow flies
- Rail trail at Pelmewash ParkwayRail trail access. About 2 km, as the crow flies
- Ribbleworth Falls, rail trail km 23Rail trail access. About 5 km, as the crow flies
More I can send you
The plans and the paperwork15799 Sawmill Road has no floor plan in its listing. Ask, and I will email you the plan and any documents I can get for it.
Watch this listingI will email you if the price of 15799 Sawmill Road drops, or if it goes pending or leaves the market.
What it costs to buy
Transfer tax, down payment and the monthly payment at your lender's rate, from $45,000,000.
- Transfer tax
- $2,168,000
- Down payment
- $9,000,000
- Mortgage
- $36,000,000
- Monthly
- Enter a rate
Property transfer tax at the Province of British Columbia's rates, read 21 September 2026: 1 percent to $200,000, 2 percent to $2,000,000, 3 percent above, and a further 2 percent on residential value above $3,000,000. Under 20 percent down the mortgage includes CMHC's insurance premium, at CMHC's rates read 26 September 2026, and is held to 25 years unless it is a first purchase or a new build; from $1,500,000 no insurance is offered, so 20 percent down is the least. The monthly figure assumes semi-annual compounding and leaves out property tax, strata fees and utilities. Confirm every figure with your lender and lawyer.
Mortgage calculatorTransfer tax calculatorSimilar land
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