Penticton Homes under $500,000

Penticton Homes under $500,000

Welcome to Penticton, a hidden gem nestled in the heart of British Columbia, Canada! Known for its breathtaking landscapes and vibrant community, Penticton is the perfect blend of natural beauty and urban convenience. Surrounded by stunning mountains and situated between the picturesque Okanagan and Skaha Lakes, this city offers a year-round playground for outdoor enthusiasts, making it an ideal location for families, retirees, and anyone looking to embrace a laid-back lifestyle.

Penticton is not just about stunning views; it boasts a rich cultural scene, with local art galleries, farmers' markets, and an array of festivals that celebrate the region's heritage and community spirit. The city is also home to a variety of dining options, from cozy cafes to gourmet restaurants, ensuring that your culinary cravings are always satisfied.

For those looking to make Penticton their home, the market offers a fantastic opportunity with homes available for under $500,000. Whether you're a first-time buyer, a growing family, or someone seeking a vacation retreat, you can find charming properties that fit your budget. From cozy bungalows to modern townhouses, the real estate options here are diverse and appealing, ensuring you can find a place that meets your needs without breaking the bank.

With its friendly atmosphere, stunning scenery, and affordable housing options, Penticton is more than just a place to live—it's a lifestyle waiting to be embraced. Discover your dream home in this beautiful city and experience the best of what British Columbia has to offer!

Newest Penticton Homes under $500,000

395 Edmonton Avenue, Penticton
$449,000
3 Beds ⋅ 1 Baths ⋅ 10402643 MLS® #
This home has serviced the same family for the last 62 years. Now it is time for the next family to make this property their own. A corner lot with a 3 bedroom (one bedroom is VERY small, more of a den size) and 1 bath rancher with a detached double garage. Located around the corner from schools and across the street from Kiwanis Park. This home needs work. Check out the virtual tour and book your private viewing to see if this home is the one for you. (id:5764)

395 Edmonton Avenue, Penticton

Listing courtesy of Royal LePage Locations West.

3140 Wilson Street Unit 916, Penticton
$279,000
1 Beds ⋅ 1 Baths ⋅ 10401902 MLS® #
A fantastic opportunity to get into the market! This beautifully renovated 1 bedroom, 1 bathroom home offers nearly 930 sq. ft. of comfortable living space, great mountain views and thoughtful improvements. The entire home has been refreshed including kitchen and bathroom, along with new flooring on both floors, fresh paint, modern lighting and much more. Additional improvements, including a newer hot water tank and air conditioner provide peace of mind for the next owner. Enjoy a great Penticton location just a short walk from Skaha Beach, parks, the marina, walking trails, grocery stores, everyday amenities and Penticton Regional Hospital only minutes away. With no age restrictions, this is an excellent opportunity for anyone looking for an affordable, move in ready home in a fantastic location. (id:5764)

3140 Wilson Street Unit 916, Penticton

Listing courtesy of Oakwyn Realty Ltd..

3589 Skaha Lake Road Unit 204, Penticton
$499,000
2 Beds ⋅ 2 Baths ⋅ 10402551 MLS® #
Welcome to Skaha Breeze—where lifestyle meets comfort just steps from the beach! This stunning second-floor corner unit boasts a bright southeast exposure, capturing morning sunshine and views toward Skaha Beach. With spacious 9’ ceilings, expansive windows, and an open-concept design, the 2-bedroom, 2-bathroom layout feels airy and inviting. The kitchen features granite countertops, stainless steel appliances, and breakfast bar with a dining area adjacent for seamless entertaining. You'll find radiant in-floor heating in both bathrooms for year-round comfort. Enjoy your private sun deck with gas BBQ hookup, or head up to the 4th floor and discover an exclusive rooftop terrace with sweeping lake views. Additional highlights include in-suite laundry, ample storage, and fully secured parking. Skaha Breeze is a pet-friendly community allowing two dogs (any size) or two cats, with flexible rental options (3-month minimum). Affordable strata fees and a well-managed building make this a rare opportunity. Don’t miss your chance to own in one of Penticton’s most sought-after locations—call today to book your private showing! Square footage has been calculated using the building’s exterior dimensions at each floor level and includes interior walls. All measurements are approximate and should be independently verified by the buyer if deemed important. (id:5764)

3589 Skaha Lake Road Unit 204, Penticton

Listing courtesy of Summerland Realty Ltd..

197 Dauphin Avenue Unit 207, Penticton
$79,000
2 Beds ⋅ 1 Baths ⋅ 10401050 MLS® #
Single Wide with addition 844 sqft, 2 bed, one bath unit with large private backyard in one of Penticton’s best parks, Dauphin Park. The unit sits on a large lot and is shaded by large trees, has parking spots for 2 cars, is near shopping, amenities, and the Lake-to-Lake bike lane. The inside of the unit has been recently painted and is tastefully updated. The kitchen opens into the dining room with a built-in hutch. There is a large, covered deck off the living room perfect for relaxing summer evenings and crisp autumn days. There is a back yard workshop and separate garden shed in the large backyard. Dauphin Park is gated, well managed, in a quiet area, 55+ and no pets. Call today for a private showing. Quick possession is available. (id:5764)

197 Dauphin Avenue Unit 207, Penticton

Listing courtesy of RE/MAX Penticton Realty.

440 Ridge Place, Penticton
$499,000
2 Beds ⋅ 2 Baths ⋅ 10402314 MLS® #
This well-maintained rancher features a 2-bed, 2-bath layout with an octagonal den/second bedroom adjacent to the living room, creating a great room plan for those who prefer open spaces and no hallways. Numerous windows and glass double doors bring natural light throughout the home. Double glass sliders lead to your private south-facing patio enclosure, perfect for gardening, reading a book or relaxing in the sun. The attached double garage provides ample parking, plus additional space on the stamped concrete driveway. Inside, the kitchen features quality hardwood cabinets, stainless appliances and a U-shaped configuration, ready for a custom island or to remain open for a zero-barrier kitchen. The primary bedroom offers an ensuite/walk-in closet that must be seen to be believed. A separate laundry room leads from the great room to the garage. Other features include skylights, recessed lighting, hardwood and tile floors, AC, gas furnace, newer hot water tank, deep crawl space, 220V garage power and 200 AMP panel. Delightful 40+ gated community near Penticton’s iconic north end. RV parking, clubhouse, private beach and mooring. Pet friendly and rentable. Golf, beach, cycling, airport, hospital, Hwy 97, downtown, event centre, rec centre and channel nearby. (id:5764)

440 Ridge Place, Penticton

Listing courtesy of Chamberlain Property Group.

270 Riverside Drive Unit 415, Penticton
$379,900
1 Beds ⋅ 1 Baths ⋅ 10401971 MLS® #
This is Sokana!! Offering an opportunity to purchase directly from the developer at substantial savings. Only a few units available and they have been reduced to sell quickly!!! Penticton’s newest resort-inspired community, where modern-day design, exceptional amenities, and a highly walkable location combine to create an effortless Okanagan lifestyle. This condo has city views and a Bright, open-concept where the interior features a stylish kitchen with contemporary cabinetry, quartz countertops, quality finishes, and stainless steel appliances, along with flexible spaces for guests, a home office, or additional storage and private outdoor living for relaxing or entertaining. Residents enjoy the outdoor pool and hot tub, fitness centre, landscaped greenspace, sun decks, lounge areas, fire tables, community BBQs, yoga and lawn-game areas. Okanagan Lake, beaches, the Penticton Channel, trails, wineries, breweries, dining, boutique shopping, farmers’ markets, recreation, and everyday conveniences are all close at hand. Secure underground parking and storage included, and pet friendly. Current zoning allows for short term rental options. Ideal as a primary residence, low-maintenance getaway, or investment, Sokana offers modern comfort and resort-style living in the heart of the South Okanagan. Price does not include GST. Legal description will be updated upon accepted offer and after 7 day disclosure period. Street address will be updated to #415 - 271 Wylie Street (id:5764)

270 Riverside Drive Unit 415, Penticton

Listing courtesy of Chamberlain Property Group.

1750 ATKINSON Street Unit 301, Penticton
$325,000
2 Beds ⋅ 2 Baths ⋅ 10401984 MLS® #
Beautiful mountain views from this bright 1,019 sq ft third-floor home. Sunlight pours through large windows into the living room, where a gas fireplace adds cozy warmth on cooler evenings. Slide open the doors from the dining area and step onto the fully enclosed northwest-facing deck, a peaceful spot to unwind with a coffee or a good book in any season. The galley kitchen keeps everything within reach, with oak cabinetry and a window that looks out to the treetops. Retreat to the primary bedroom, complete with a walk-in closet and private 4-piece ensuite, while a versatile guest room and full bath are ready for visitors or a place to work. A dedicated laundry room inside the home, with overhead cabinets and shelving, makes laundry day easy and keeps supplies tucked neatly away. Underground parking, a storage locker and a friendly cat policy (no dogs) round things out. (id:5764)

1750 ATKINSON Street Unit 301, Penticton

Listing courtesy of .

922 Dynes Avenue Unit 309, Penticton
$389,000
1 Beds ⋅ 1 Baths ⋅ 10401396 MLS® #
Step into luxury and complete peace of mind with this turn-key, top-floor home, fully renovated down to the bare walls! Situated just steps from Okanagan Beach, parks and downtown dining, this stylish residence blends modern design with optimal comfort. Every detail has been thoughtfully updated from the ground up, featuring clean, modern finishes, durable vinyl plank flooring, fresh trim, new electrical throughout with new breaker panel and updated in-ceiling lighting. Solid hard wired Cat5e to each room for seamless network connections. The heart of the home centres around a bright, open living space complemented by a brand-new kitchen equipped with sleek cabinetry, quartz countertops, stylish backsplashes and contemporary fixtures. The refreshed full bath boasts a clean modern vanity, quartz countertop, heated flooring and updated tiling. Stay comfortable year-round with the newly installed high-efficiency Samsung cold climate heat pump system, delivering whisper-quiet heating and cooling. ‘Safe’n’Sound’ noise cancelling insulation in common walls with new ceiling/attic insulation and vapour barrier. Step outside to your private balcony to take in the surrounding mountain air and lake views. Whether you are looking for a move-in-ready primary residence, a low-maintenance Okanagan vacation retreat or a solid investment property, this total rebuild offers incredible value in a prime Penticton North location. (id:5764)

922 Dynes Avenue Unit 309, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

2265 Atkinson Street Unit 607, Penticton
$465,000
2 Beds ⋅ 2 Baths ⋅ 10401985 MLS® #
Beautiful corner plan with wonderful views. This lovely 2 bed 2 bath condo is 1193sft. It features easy-care laminate flooring throughout the wide open living and dining room and into both bedrooms! The master bedroom has its own deck with a gorgeous view, an en-suite bathroom and a large walk-in closet. The large kitchen has an eat-in area and a view to the North. Other features include the gas fireplace in the living room, tons of windows and natural light, a 2nd deck off the dining room, a large laundry room, and a storage locker and a parking stall in the secure parkade. The complex has a 4000sqft rec room with an active social committee and you are located right across the street from Cherry Lane Mall and all the conveniences it has to offer. Close to entertainment, restaurants, bike lane and more. Come see this great layout! (id:5764)

2265 Atkinson Street Unit 607, Penticton

Listing courtesy of 2 Percent Realty Interior Inc..

1458 Penticton Avenue Unit 142, Penticton
$469,000
4 Beds ⋅ 4 Baths ⋅ 10401986 MLS® #
OPEN HOUSE SATURDAY OCT 3 12-1:30PM! Welcome to Cascade Gardens! This spacious END UNIT townhouse offers over 1,800 sq. ft. with 4 bedrooms and 4 bathrooms, a fantastic layout for growing families looking for space, comfort and a move-in-ready home. The bright main level is made for everyday family life and entertaining, with a generous living room, dining area, kitchen and convenient powder room. Step outside onto the newly extended composite deck, adding an extra 4 feet of outdoor living space—perfect for summer BBQs, relaxing with friends or keeping an eye on the kids while they play. Upstairs you’ll find 3 bedrooms and 2 bathrooms, while the lower level offers even more flexibility with a large rec room, 4th bedroom and full bathroom, ideal for older kids, guests, a home office or family movie nights. This home has seen plenty of great updates, including new windows, new carpet, fresh paint throughout, stainless steel appliances, a new hot water tank and a new furnace in 2020. Enjoy beautiful mountain views and a lovely creekside walking path just steps away. With 2 parking stalls, 2 pets allowed, and no age restrictions, this is a wonderful opportunity for young families looking for plenty of room to settle in and enjoy the Okanagan lifestyle. Spacious, updated and family-friendly. This one is definitely worth a look! (id:5764)

1458 Penticton Avenue Unit 142, Penticton

Listing courtesy of Royal LePage Locations West.

3004 South Main Street Unit 114, Penticton
$475,000
5 Beds ⋅ 3 Baths ⋅ 10401844 MLS® #
Spacious townhome in a great central location! Just a short distance from shopping, restaurants, entertainment, and Skaha Lake Park. This spacious unit is a rare find, offering 5 bedrooms, 3 bathrooms, and 2 parking spots, making it a great option for families looking for plenty of room at an affordable price. Additionally, the fenced yard provides a great space for kids to play and the family dog to enjoy the outdoors. Don’t miss this opportunity! (id:5764)

3004 South Main Street Unit 114, Penticton

Listing courtesy of Royal LePage Kelowna Paquette Realty.

133 Winnipeg Street Unit 204, Penticton
$299,000
2 Beds ⋅ 2 Baths ⋅ 10401553 MLS® #
LOCATION, LOCATION, LOCATION! Just one block from Okanagan Beach, this two bedroom, two bathroom condo puts you right in the heart of the action, surrounded by some of Penticton’s most desirable real estate and amenities. The spacious layout offers a large primary bedroom with walk-through closet and three piece ensuite, plus a generous second bedroom. The adjoining kitchen, dining area and large living room create a comfortable and functional living space, with plenty of in-suite storage. An additional storage room provides the perfect spot for seasonal items. The home is in original condition and ready for your ideas—bring your vision and make it your own. Whether you're looking for a full-time residence, weekend getaway or investment opportunity, the location offers an incredible lifestyle with the beach, restaurants, breweries and more all within easy reach. 55 plus and no pets. Vacant and ready for quick possession! Call the Listing Representative for details! (id:5764)

133 Winnipeg Street Unit 204, Penticton

Listing courtesy of RE/MAX Penticton Realty.

Start Your Search