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5005 LAKESHORE Drive Unit# 111, Osoyoos | $1,499,000

Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq. ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views. The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity. Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living.

Description

Imagine waking up to panoramic views of Osoyoos Lake, stepping outside to stroll along your private sandy beach, and ending the day watching the sunset from expansive lakeside decks. Island View Resort offers a rare opportunity to own not only a spectacular waterfront residence, on a commercially zoned property with exceptional future potential. The main residence features approximately 4,800 sq. ft. including 4 spacious bedrooms and an attractive one-bedroom lock-off suite that provides flexibility for guests, extended family, or additional rental income. Large decks surround the home, creating seamless indoor-outdoor living and multiple spaces to relax and entertain while taking in the lake views. The private backyard is a retreat of its own, complete with a charming cottage, hot tub, putting green, and ample space for gatherings. The oversized property offers room for expansion and creative development ideas. Being sold as a strata lot with the home and established business opportunity. Additional income streams include a space a main for small space for shop, guest laundry facilities, and amenities that support the neighboring RV park. The home is fully furnished and turnkey, Island View Resort is ready for immediate enjoyment and operation. Whether you're seeking a lakeside family retreat, a profitable income-producing property, or a unique live-work opportunity, this exceptional waterfront offering delivers the best of Osoyoos living.

General Info


MLS Listing ID: 10392344 Bedrooms: 4 Bathrooms: 3 Year Built: 1970
Parking: Attached Garage Heating: Forced air, See remarks Lotsize: 0.27 ac|under 1 acre Air Conditioning : Central air conditioning
Home Style: Storage, Locker Finished Floor Area: N/A Fireplaces: N/A Basement: Full

Amenities/Features


  • Level lot
  • See remarks
  • Balcony
  • Three Balconies

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .