202-1070 Lakeshore Drive W, Penticton

$2,200,000 5 Bed | 5 Bath | 3,452 Sq. Ft. | 0.23 Acres

A rare chance to own one or two beautifully designed strata units, perfectly suited for multi-generational living, blended families, or those seeking a luxurious home with rental income potential. Listed in conjunction with Unit #201 (MLS #10371693). Ideally located across from Okanagan Beach in Penticton’s vibrant waterfront district, this property offers unparalleled comfort, convenience, and stunning views. The property features a 5 bedrooms and 5 bathrooms, with the option of a private-entry lock-off suite — ideal for extended family, guests, or generating rental income. The architecturally striking Pueblo Revival/Santa Fe-style building boasts 20-foot ceilings, grand fireplaces, and multiple patios with unobstructed lake and mountain views.

Steps from Okanagan Beach and major attractions like the South Okanagan Event Centre and Penticton Trade and Convention Centre, the location offers year-round recreation, dining, and entertainment. Secure parking, storage for outdoor gear, and a low strata fee of $735.31/month enhance the property’s appeal. Whether you envision a spacious family home, a vacation retreat, or a property with flexible rental options, this residence delivers lifestyle versatility and long-term value. Plus, the option to also acquire the main floor commercial unit opens the door to full-building ownership (MLS #10371685). Some photos have been altered to display potential design alternatives.

Property Details

MLS® 10371691 Address 202-1070 Lakeshore Drive, Penticton, BC, V2A 1C1 City Penticton
Price $2,200,000 Bedrooms 5 Bathrooms 5

Specifications

Lot Size 0.23 Acres Water Municipal Sewer Connected Features Easy Access, Views, Waterfront, Near Golf Course, Near Public Transit, Level, City Lot, Corner, Close to Park, Close to Schools, Close to Shopping, Close to Airport, Family Oriented, Near Transit, Recreational Waterfront Road Between
Zoning C3 Legal Description STRATA LOT 3 DISTRICT LOT 3 GROUP 7 SIMILKAMEEN DIVISION YALE (FORMERLY YALE-LYTTON) DISTRICT STRATA PLAN KAS2601 TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V View Lake, Mountains, City Ownership Freehold, Strata Taxes $5,259.00
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Listing Agent

Sherry Truman
Sherry Truman

Personal Real Estate Corporation
Unison Jane Hoffman Realty


250-215-9006
sherry@janehoffman.com

Co-listing Agent

Tiffani Ainsworth
Tiffani Ainsworth

Real Estate Professional
Unison Jane Hoffman Realty


250-808-5499
tiffani@janehoffman.com


Location

202-1070 Lakeshore Drive, Penticton, BC, V2A 1C1

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