13804 Ponderosa Way, Coldstream

About this property

Over 160 feet of Kalamalka Lake shoreline on a private 0.52-acre setting at the end of a no-thru road. This is the hardest thing to buy in the Okanagan: true walk-out waterfront with a natural pebble beach, private dock and direct boat access, on a landscaped, treed lot with lake, mountain and valley views. The 4,022 sq ft home, built in 1979, offers 6 bedrooms and 5 bathrooms over three levels, with vaulted ceilings, skylights, a sauna, a wood and gas fireplace, and a full finished walk-out lower level. Comfortable and livable today, it is equally a canvas: renovate to your own standard, or design a rebuild that takes full advantage of this site. R1 zoning allows suite potential and short-term rental accommodation, offering income while you plan. A 29' x 23' detached double garage, RV parking and eight parking spaces serve both owners and guests. Hot tub, fire pit and private gardens complete the setting. Wineries, championship golf, hiking trails and Silver Star Mountain Resort are all a short drive. Shoreline on Kalamalka Lake is finite, and lots with this much usable frontage and privacy rarely come to market. Buyers looking for a new luxury build should know the home reflects its era. Buyers who understand that land is the asset will see the opportunity immediately. (id:66939)