Waterfront Kelowna Homes & Condos

Whether you're looking to buy or just curious, explore real estate listings in Waterfront in Kelowna from the comfort of your own home. Click on any image for more information and schedule a tour with Andrew Smith, who will provide all the details about properties, including price points and sales history.

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12 Properties
$879,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,414
Sq.Ft.
1994
Year Built
2
Days on Site
10269841
MLS
Welcome to The Lagoons, one of Kelowna's most sought-after downtown waterfront condo towers. This amazing west facing corner unit is oversized at 1414 sq ft, with stunning lake & pool views from the...
$724,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,056
Sq.Ft.
2003
Year Built
10
Days on Site
10270424
MLS
One of the best 2 bedroom units in the project with an oversized deck, overlooking the lake and pools. Short-term rentals are permitted in the highly sought after Discovery Bay. Tenanted until May...
$609,000
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,031
Sq.Ft.
2003
Year Built
10
Days on Site
10270315
MLS
Downtown waterfront two bedroom/two bathroom pool and courtyard view 3rd floor condo. Second bedroom is a large den bedroom with closet and door. This great 3rd floor unit is conveniently located...
$829,000
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,497
Sq.Ft.
1994
Year Built
17
Days on Site
10269992
MLS
Welcome to Unit 404 at The Lagoons, one of Kelowna's premier waterfront communities. Located in the heart of the downtown core, this amenity-rich complex is perfectly situated for all lifestyles....
$449,900
Neighbourhood: Kelowna North
1
Beds
1
Baths
696
Sq.Ft.
1994
Year Built
18
Days on Site
10268360
MLS
One of the best buys in the Dolphins.This 1 bed 1 bath 696 sqFt condo is in a prime location in the heart of Kelowna,next to waterfront park and just steps to everything downtown has to offer from...
$649,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
828
Sq.Ft.
2005
Year Built
25
Days on Site
10269587
MLS
Looking for the perfect spot to live downtown or an investment property? Check out this gorgeous 2 bedroom / 2 bathroom condo at Sunset Waterfront! There are endless amenities including a tennis...
$749,900
Neighbourhood: Kelowna North
3
Beds
2
Baths
1,283
Sq.Ft.
2002
Year Built
25
Days on Site
10269453
MLS
This stunning 3 bedroom, 2 bathroom condo is located in downtown Kelowna. Surrounding lake and access to some of the best high-end restaurants in the area, this unit is perfect for those who...
$600,000
Neighbourhood: Kelowna North
1
Beds
1F11/2
Baths
837
Sq.Ft.
2003
Year Built
27
Days on Site
10269347
MLS
UNBEATABLE LOCATION!!! This updated, spacious one-bedroom unit zoned STR - Located at Discovery Bay's South Tower nestled in the heart of Kelowna's downtown waterfront. A Smart Home w/ floor to...
$888,900
Neighbourhood: Kelowna North
3
Beds
2
Baths
1,516
Sq.Ft.
2003
Year Built
37
Days on Site
10268911
MLS
MAKE AMAZING REVENUE with this 3 bedroom condo DOWNTOWN, next to the BEACH! One of the few buildings in Kelowna allowing short term rentals. Make 45-55k per year in revenue. You can live in it full...
$575,000
Neighbourhood: Kelowna North
1
Beds
1F11/2
Baths
865
Sq.Ft.
1994
Year Built
62
Days on Site
10267899
MLS
Welcome to The Lagoons, one of Kelowna's premier waterfront communities. Located in the heart of downtown Kelowna, this amenity-rich condominium is perfectly located for all lifestyles. This fully...
$599,900
Neighbourhood: Kelowna North
2
Beds
2
Baths
1,070
Sq.Ft.
2003
Year Built
72
Days on Site
10266530
MLS
Downtown waterfront TURN-KEY two bedroom/two bathroom pool and courtyard view 3rd floor condo. Second bedroom is a den bedroom with private door and closet. This great 3rd floor unit is conveniently...
$2,999,000
Neighbourhood: Kelowna North
3
Beds
3F11/2
Baths
3,007
Sq.Ft.
1994
Year Built
152
Days on Site
10256986
MLS
Living large in this spacious lakefront Penthouse in one Kelowna's most iconic buildings, The Lagoons. Very seldom does a property like this ever come on the market, front and center over the lake...

Quick Overview of Kelowna Lakeshore Homes

Imagine. A pristine lake shimmering under the sun, its water clear and blue. In the distance, mountains rise from the landscape. A small Kelowna city is set upon the shores of this lake, offering waterfront parks, clean beaches, and a vibrant downtown district. The finest amenities and cultural activities surround you and your home is right in the middle of all this beauty.

You don’t need to imagine this idyllic life! This is lakefront living at its best, at the Kelowna waterfront district The views are drop-dead gorgeous; downtown is at your doorstep; and beaches, walking trails, and parks all beckon you to join this vibrant community.

Kelowna’s Premier Waterfront

Location, location, location. This is is a real estate phrase you will hear quite often and is true when you are viewing waterfront properties. City of Kelowna BC offers some of the most amazing homes on the lakeshore.

Okanagan Lake homes are always in high demand and retain their value as there is a limited supply of lakeshore. Wake up in the morning with stunning views of the fresh  water at your doorstep. This area is sought after by people coming from large crowed cities and different parts of the world who enjoy the fresh air and beautiful clean living and fresh air.

Commutes are no problem when you are steps away from downtown! Local executives often justify the higher home price tag with the savings on their commuting and vehicle expenses and just walk blocks from home to work!

This location gives you immediate access to the recreational opportunities offered by Kelowna’s city parks, beaches, and boat launches. That’s not to mention the cultural events, arts, and entertainment provided by local downtown venues.

Local Culture and Fine Arts

Kelowna’s water front hosts the downtown arts and cultural district. Here you will find local art, museums, fine dining, and local boutique shopping.

Downtown Kelowna hosts several museums that celebrate the region’s history, culture, and geology:

  • Okanagan Heritage Museum
  • Okanagan Wine and Orchard Museum
  • Okanagan Military Museum
  • Central Okanagan Sports Hall of Fame
  • The Laurel Packinghouse

Those who appreciate the performing arts will also enjoy live performances by Ballet Kelowna and the Community Theatre. The productions of both of these add to the colorful palette that is downtown Kelowna.

You truly can experience the fine arts in downtown Kelowna.

Freehold vs. Leasehold

Not all Okanagan lakeshore homes will have freehold title. There are many stretches of the lakeshore where cottages have been built on leasehold land. Although you will not be buying the freehold title to the land you still own the buildings on that land, and you’ll have a lease agreement term with the landowner. The advantage to this is that you can usually buy waterfront homes for less than you would buy one that has freehold title. This way you get to enjoy a detached home on Lake Okanagan for a fraction of the cost. A cottage on the lake could be priced anywhere between $700,000 and $2,000,000.

Kelowna Waterfront Homes

Kelowna's Lakeshore homes tend to be smaller to offset the price tag that comes with lakefront living. However, that doesn’t mean that you’re sacrificing quality. These homes are often cottages, condominiums, or townhomes.

Homes are built with an eye for quality with lots of storage and unique architectural details that you’d expect to go with a luxury home. Windows face the water and allow you to take in the stellar lake views while you enjoy your morning coffee or unwind with a glass of local wine at the end of the day.

The condo or townhome option allows you to live a virtually maintenance-free lifestyle which will enable you to work, play, and enjoy all that the Kelowna and downtown have to offer. From boating to museums, it really is a magical place.

Market Update

Breathtaking properties from a small cabin style home starting at $800,000 upto $14 million for magnificent lakeshore's acreages. Condo's without a lakeview start at $350,000 upto $1,600,000 for a townhome with private entrance.

For families searching for property on the water front Kelowna South homes offer some great selections

Andrew Smith Royal LePage Kelowna