
4480 Ponderosa Drive
Peachland · MLS® 10384564
4 bed · 3 bath · 3,363 sq ft · 1 sq ft lot · 4 parking
Townhouse · Single Family · built 1992 · 167 days on market
Listed by Larry Guilbault, Coldwell Banker Horizon Realty
This exceptional walk-out rancher townhome in Peachland, has breathtaking 180-degree views of Okanagan Lake set the stage for a truly remarkable lifestyle. Offering close to 3,200 square feet of beautifully designed living space across two levels, this 3-bedroom, 3-bathroom home seamlessly blends luxury, comfort, and effortless living. The main floor features a bright, open-concept layout ideal for both everyday living and entertaining. A stunning chef-inspired kitchen with granite countertops, modern appliances, and an expansive dining area overlooks the lake, creating an unforgettable backdrop. Two inviting living rooms, each with a cozy gas fireplace, provide flexibility and warmth. The primary suite on the main level is a private retreat, complete with a spa-like ensuite and a spacious walk-in closet. Thoughtfully designed with upscale finishes throughout, this home showcases hardwood flooring, skylights, designer blinds, and quality craftsmanship at every turn. The lower level is equally impressive, featuring a spacious family room with summer kitchen, two bedrooms —perfect for guests or extended family. The strata fee covers an extensive list including in-floor hot water heating, gas for the stove, fireplace, and BBQ, water, landscaping, and major exterior components—ensuring true lock-and-leave living. Enjoy a low-maintenance lifestyle without compromising on space, style, or scenery. Experience the best of Peachland living—where every day feels like a getaway.
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 3,363 sq ft
- Lot
- 1 sq ft
- Parking
- 4
- Year built
- 1992
- Property tax
- $4,486 / yr
- Strata fee
- $903 / mo ($0.27 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 167
- MLS®
- 10384564
- Central island
- Jacuzzi bath-tub
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Range - Gas
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $2,713/mo
- After all costs
- −$3,260/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $4,305 · tax $374 · strata $903 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ bedroom in Kelowna (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
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