V0H1Z1 Homes under $500,000

V0H1Z1 Homes under $500,000

Welcome to the charming community of Summerland, nestled in the heart of British Columbia, Canada, with the picturesque postal code V0H1Z1. Known for its stunning landscapes and warm climate, Summerland is a hidden gem that offers a perfect blend of small-town charm and outdoor adventure. Whether you’re drawn to the breathtaking views of Okanagan Lake or the vibrant local culture, this delightful town has something for everyone.

For those seeking affordable housing options, Summerland presents an incredible opportunity with homes available for under $500,000. This price point opens the door to a variety of housing styles, from cozy bungalows to modern townhouses, making it an ideal spot for first-time homebuyers, retirees, or anyone looking to invest in a serene lifestyle. Imagine waking up to the gentle sounds of nature and enjoying your morning coffee on a sun-drenched patio, all while being just minutes away from local amenities, parks, and recreational activities.

Summerland is not just about affordability; it’s also about community. The friendly atmosphere and welcoming residents make it easy to feel right at home. With local farmers' markets, art galleries, and numerous outdoor activities such as hiking, biking, and wine tours, there’s never a dull moment.

Explore the possibility of making Summerland your new home, where you can enjoy a fulfilling lifestyle without breaking the bank. With homes under $500,000, your dream of living in this idyllic setting is closer than you think! Come and discover the beauty and warmth of Summerland, BC.

Newest V0H1Z1 Homes under $500,000

13011 Lakeshore Drive South Unit 104, Summerland
$199,000
1 Beds ⋅ 1 Baths ⋅ 10396303 MLS® #
Experience the best of Okanagan waterfront living at Summerland Waterfront Resort with this beautifully appointed, fully furnished 1-bedroom, 1-bathroom first-floor suite. Enjoy fantastic resort amenities including a private beach, heated pool, hot tubs, sauna, fitness centre, and on-site dining, all just steps from your door. This pet-friendly property offers the perfect blend of personal enjoyment and investment potential with a professional rental pool program designed for a seamless, turn-key ownership experience. Owners can enjoy up to 180 days of personal use per year while benefiting from resort management and revenue potential. All-inclusive fees cover utilities, parking, and complete resort operations, allowing you to simply arrive and enjoy. The suite features an oversized deck, perfect for relaxing outdoors and taking in the peaceful waterfront surroundings. A rare opportunity to own a premier Okanagan lifestyle property where every day feels like a vacation. (id:5764)

13011 Lakeshore Drive South Unit 104, Summerland

Listing courtesy of Royal LePage Locations West.

13011 Lakeshore Drive Unit 105, Summerland
$175,000
1 Beds ⋅ 1 Baths ⋅ 10393879 MLS® #
LAKE & MOUNTAIN VIEWS! TURN-KEY WATERFRONT LIVING! Welcome to unit 105-13011 Lakeshore Drive in Summerland, British Columbia at the sought-after Summerland Waterfront Resort—offering true lakeside living on Okanagan Lake. This bright and fully furnished 1 bedroom, 1 bathroom (4-piece) suite is wheelchair accessible and ideally located on the 2nd floor with easy access to the pool, hot tubs, beach, and resort amenities. The unit features a granite kitchen with stainless steel appliances, cozy fireplace, and a private balcony to enjoy lake and mountain views. Resort-style amenities include an outdoor pool, hot tubs, sauna, fitness centre, BBQ area, bistro, spa, boat rentals, and on-site dining just steps away. Laundry facilities are available on site for added convenience. Professionally managed, this is an stress-free ownership opportunity with strong revenue potential through the rental pool program, allowing up to 180 days of personal use per year. Fees include gas, electricity, water, cable, garbage, sewer, parking, housekeeping, and full resort management services. A rare chance to own a turn-key waterfront investment and lifestyle property in one of the Okanagan’s most desirable lakefront resorts. Monthly strata and hotel fees total: $874.53. Measurements approximate; buyer to verify if important. By appointment only. (id:5764)

13011 Lakeshore Drive Unit 105, Summerland

Listing courtesy of RE/MAX Orchard Country.

13011 Lakeshore Drive Unit 227, Summerland
$175,000
1 Beds ⋅ 1 Baths ⋅ 10384824 MLS® #
Discover this lakeside fabulous one-bedroom suite at Summerland Waterfront Resort, designed for comfort and convenience! With flexible sleeping options including a Murphy bed and pull-out sofa, it easily accommodates up to six guests. The spacious bedroom is complemented by a 5 piece bathroom, in-suite laundry, central A/C, and a cozy fireplace for year-round enjoyment. Step outside to your private deck and take in the beautiful lake views. This fully furnished unit is move-in ready and offers resort-style living with outstanding amenities: a heated outdoor pool, two hot tubs, sauna, fitness centre, on-site spa, meeting rooms, and a welcoming coffee shop. Whether as a vacation retreat or an investment opportunity, this suite offers the perfect blend of relaxation and lifestyle on the Okanagan waterfront. Please contact your preferred agent to view today! (id:5764)

13011 Lakeshore Drive Unit 227, Summerland

Listing courtesy of Royal LePage Parkside Realty.

13011 Lakeshore Drive South Unit 369, Summerland
$164,900
1 Beds ⋅ 1 Baths ⋅ 10382725 MLS® #
Welcome to Summerland Waterfront Resort located on the shores of Okanagan Lake. Here you will find an amazing opportunity to invest in a resort with a wealth of amenities including beaches, wharf, outdoor pool, 2 hot tubs, full gym, sauna, bbq area, day spa, bistro, restaurant and boat rentals. This beautiful unit features a fully equipped kitchen with stainless steel appliances and granite counters, dining and living area with sofa bed and gas fireplace, comfortable primary bedroom and full size bathroom with soaker tub and shower. Located on the top floor with a south east facing view of the lake overlooking the pool and lush green space below. Summerland Waterfront Resort is pet friendly and offers a professionally managed rental pool allowing for 180 days per year of personal use, full housekeeping services with combined monthly strata and hotel fees of $785.30. Permanent residency is not permitted under District of Summerland zoning bylaw. This is a great opportunity to make summer vacation memories in the Okanagan at an affordable price!! (id:5764)

13011 Lakeshore Drive South Unit 369, Summerland

Listing courtesy of REMAX Kelowna.

13011 Lakeshore Drive South Unit 370, Summerland
$329,900
2 Beds ⋅ 2 Baths ⋅ 10382948 MLS® #
Waterfront Resort Living in the Heart of Summerland! This fully furnished suite at the Summerland Waterfront Resort offers the perfect Okanagan getaway and investment opportunity. Located beside the Summerland Yacht Club and just steps from Okanagan Lake, beaches, and vibrant lakeside dining at “Shaughnessy's ” restaurant. Enjoy sunny afternoons on your private lakeview deck or fire up the BBQ and soak in views of the lake, vineyards, and surrounding mountains. This bright and beautifully appointed unit features a full kitchen with granite countertops and stainless appliances, a spacious layout with pull-out couch and comfortable sleeping arrangements. Amenities include an outdoor pool, hot tub, spa, gym, cafe, boat rentals, dock access- professionally managed with excellent service and care. Owners may use the suite a portion of the time and must opt into the rental pool for the remaining days, allowing for revenue generation when not in use. Pet-friendly (with approval), turn-key, and income-generating...your South Okanagan dream escape awaits! (id:5764)

13011 Lakeshore Drive South Unit 370, Summerland

Listing courtesy of Parker Real Estate.

12811 Lakeshore Drive South Unit 410/411, Summerland
$479,900
2 Beds ⋅ 2 Baths ⋅ 10382956 MLS® #
Welcome to one of the most desirable and flexible suites at the Summerland Waterfront Resort- widely regarded as offering the best amenities in the South Okanagan. This rare ground-level, south-facing double suite (units 410 & 411) features two patios that walk out to greenspace and a quaint sandy beach, offering privacy, sunshine, and unbeatable views. The thoughtfully designed layout includes a lock-off option, or use the whole double suite! Featuring two bedrooms, two full bathrooms, a full kitchen with granite countertops, a bright and open living space with a cozy fireplace, and a large walk-out patio with views of Okanagan Lake. This resort-style property is professionally managed and includes top-tier amenities: outdoor pool, hot tub, sauna, spa, cafe, sundeck, beachfront access, boat docks, BBQ areas, underground parking, fitness centre, and boat/bike rentals. Strata fees cover heating, electricity, cable TV, management, and all resort amenities. Owners may use the suite a certain amount per year, with mandatory participation in the rental pool for the remaining time- generating strong and growing revenue. Whether you're seeking a luxurious vacation retreat, or a place for extended family stays (with an income-generating bonus!) this turnkey lakeside property delivers. Don’t miss this rare opportunity...start earning Summer 2026 income today. (id:5764)

12811 Lakeshore Drive South Unit 410/411, Summerland

Listing courtesy of Parker Real Estate.

12811 LAKESHORE Drive Unit 518, Summerland
$284,900
2 Beds ⋅ 2 Baths ⋅ 10382231 MLS® #
Imagine waking up to golden sunrises over the Okanagan from your own private balcony. This bright, windowed 2-bedroom suite is the ultimate vacation getaway and a savvy investment rolled into one. Whether you're whipping up a meal in the modern kitchen or unwinding by the fire after a day on the lake, every inch of this suite feels like a high-end escape. Summerland Waterfront Resort is famous for its ""endless summer"" lifestyle. From bike rentals and BBQ areas to the sundeck and private beach area, the guests (and you!) will have everything needed for the perfect stay. This is a turnkey opportunity in a managed rental pool (not for full-time residency) - just sit back and let the resort take care of the rest. (id:5764)

12811 LAKESHORE Drive Unit 518, Summerland

Listing courtesy of Parker Real Estate.

8712 Steuart Street Unit 56, Summerland
$224,900
3 Beds ⋅ 2 Baths ⋅ 10381568 MLS® #
Immediate possession available! Quality updates in this 3-bedroom, 2-bathroom home located in desirable Summokan Park, complete with an attached garage. This move-in ready home features a brand new custom kitchen, updated vinyl flooring throughout the main living areas, and new carpet in the bedrooms. The spacious primary suite offers a private 2-piece ensuite and a generous 8’ x 6’ walk-in closet. The main bathroom has been fully renovated, and the home is freshly painted throughout with new trim for a clean, modern finish. Enjoy additional living space with a separate family room featuring sliding doors that open to a bright sunroom, plus an extra covered deck for outdoor relaxation. The attached 19’ x 14’ garage includes storage space and convenient access to the backyard, where you’ll find an 8’ x 6’ shed and a 12’ x 10’ detached workshop with power. Additional features include vinyl windows, forced air furnace, and central air conditioning. Summokan Park is a 55+ community. Pet restrictions: up to 2 pets, maximum 15” at the shoulder (park approval required). Pad fee of $605 per month. (id:5764)

8712 Steuart Street Unit 56, Summerland

Listing courtesy of Royal LePage Parkside Realty.

13011 LAKESHORE Drive South Unit 115, Summerland
$162,500
1 Beds ⋅ 1 Baths ⋅ 10380231 MLS® #
Don't miss this unique opportunity! First time offered for sale by the original owner, this fantastic corner unit studio suite in the esteemed Summerland Waterfront Resort is the perfect landing pad for your Okanagan vacation plans! You'll be amazed at how the intuitive floor plan makes excellent use of the space and opens on to the expansive deck which adds room for entertaining and enjoying the view. Current rules state that owners can occupy the suite for up to 180 days per year with a maximum stay of 90 days per reservation. Summerland Waterfront is known for its attractive amenities including outdoor swimming pool, patio, gym and sauna along with delicious dining at Shaughnessy's Cove and the on-site bistro, and renowned Ikaya Day Spa. Truly a turn-key option, this property is not to be missed! (id:5764)

13011 LAKESHORE Drive South Unit 115, Summerland

Listing courtesy of Royal LePage Parkside Realty.

13011 Lakeshore Drive South Unit 222, Summerland
$154,000
1 Beds ⋅ 1 Baths ⋅ 10375862 MLS® #
Lakeside luxury at Summerland Waterfront Resort. This Lakeview 1-bed, 1 bath 4 pce unit, is turnkey and ready to enjoy. This unit features granite counters throughout, stainless steel appliances, a cozy fireplace, and lakeview balcony. Fully furnished with hotel amenities that include an outdoor pool, hot tub, sauna, fitness centre, BBQ area, bistro, boat rentals, spa and access to lower town walking paths along Okanagan Lake. No charge Laundry facilities on site. Professionally managed and offers stress-free ownership with revenue potential through a rental pool, allowing for 180 days of personal use per year (peak and off peak allocation, 60 days during peak & 120 days in the off peak). By appointment only. Measurements taken from IGuide - buyer to verify if important. Located in the heart of Wine Country, 1 hour to Apex Mountain resort, 30 min to Penticton airport. Located on the property Shaughnessys Cove where you can relax/walk & enjoy dinner out. Tripadvisor has rated as the top hotel in the Okanagan, in top 1% worldwide and in the top 25 in Canada! No Vacant home tax or Spec tax. Own a piece of Okanagan Lakefront today. Call to view. (id:5764)

13011 Lakeshore Drive South Unit 222, Summerland

Listing courtesy of RE/MAX Orchard Country.

13011 LAKESHORE Drive Unit 352, Summerland
$219,900
1 Beds ⋅ 1 Baths ⋅ 10374154 MLS® #
Perched on the top floor of the Summerland Waterfront Resort, this bright and airy suite offers a front-row seat to the natural beauty of Lake Okanagan and the surrounding mountains from your own private balcony. The open-concept interior comes fully furnished with granite countertops, stainless appliances, sofa bed and a cozy fireplace that anchors the living space. Beyond the suite, the resort serves as a complete lakeside playground, providing exclusive access to a private beach, heated outdoor pool, hot tubs, and a fitness center, all while being a short stroll from the marina and local dining. This pet-friendly property functions as both a personal sanctuary and a smart asset, offering a turn-key solution for those who want to enjoy the best of the Okanagan while benefiting from a professionally managed rental pool to generate income when you're away. All measurements are approximate. (id:5764)

13011 LAKESHORE Drive Unit 352, Summerland

Listing courtesy of Parker Real Estate.

13011 Lakeshore Drive Unit 363, Summerland
$149,900
1 Baths ⋅ 10337807 MLS® #
Studio suite at the Waterfront Resort! Enjoy this vacation property up to 180 days/year! This unit has everything you need for long vacations in the beautiful Okanagan! Prime amenities in this professionally managed facility include outdoor pool, hot tub, sauna, fitness centre, bbq area, bistro, boat rentals, spa and more! Popular restaurant steps away. Shared Laundry. Unit in rental pool and ready for owners to use. Property is GST applicable. (id:5764)

13011 Lakeshore Drive Unit 363, Summerland

Listing courtesy of RE/MAX Orchard Country.

Start Your Search