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For Sale · Peachland

$850,000

Price reduced $15,000

5687 Somerset Avenue, Peachland

Tour this home

Bedrooms

3 (1 half)

Bathrooms

2,335

Size

1977

Year built

About This Home

The details.

REDUCED! Perched above the shimmering waters of Okanagan Lake in sought-after Peachland, this exceptional property offers breathtaking, unobstructed views stretching from Summerland to Kelowna. Tucked away on a quiet no-through road, the setting is remarkably private—perfect for those seeking peace, space, and a true connection to the natural surroundings. Designed to maximize its panoramic outlook, the home...

Summarizing the highlights...

MLS® 10385411Listing courtesy of REMAX KelownaView on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1977
Size: 2,335 sqft
Lot size: 0.52 acres
Storeys: 2
Parking: 10 spaces
Listed on: 2026-04-30
Days on market: 87
MLS number: 10385411
Data source: Association of Interior REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Peachland: 12 days

Peachland median asking

$850K

64 active listings

Price per sqft

$364

Based on 2,335 sqft interior

How fast is this listing moving?

FastSlow

Market demandBalanced

QuietHot

1 new this week of 64 active listings in Peachland, blended with typical days on market.

Where this price sits in Peachland

$195KThis listing$1.9M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Price history

How the price moved.

2026-07-24$865,000 to $850,000(-2%)

Asking-price changes tracked by JULY since we began following this listing.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$3,975

$680,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,975

Cash flow

-$3,975

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Peachland right now

Active listings

New this week

$850,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Peachland.

Household and demographic stats for Peachland, from the Statistics Canada 2021 Census.

5,789
Population (2021): 60
Median age: 2,690
Households: 2.2
Avg household size: 81.8%
Home ownership: $81,000
Median household income

Peachland neighbourhood guide Full census profile Peachland market trends

The immediate block around this home (right here): about 880 residents in 451 homes, 331 people/km² (low-density).

Source: Statistics Canada 2021 Census, Peachland, District municipality, British Columbia; block-level figures from dissemination area 59350327.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.