Set on a coveted bench above Okanagan Lake in Peachland, this rare 2.27-acre property offers sweeping, unobstructed lake views stretching from Kelowna to Naramata, the kind of outlook that truly captures the essence of Okanagan living. Whether you envision building a custom lake view estate or holding for the future, this is a property that offers both immediate enjoyment and long-term potential. A portion of the land extends below Renfrew Road and, while not developable, ensures the view corridor above the lake remains permanently protected, a highly valuable and increasingly rare feature. The existing 1960s home provides comfortable holding income or a place to live while you design and plan your dream home. Recently rezoned RM2, the property also presents a unique opportunity for those looking to explore future development, with potential for up to 4 lots and multi-unit housing. Full municipal services are already in place, and professional review has confirmed capacity for up to 16 doors, offering flexibility for a variety of future visions. Located just minutes to downtown Peachland, the Peachland Yacht Club, and within easy reach of West Kelowna and Penticton, this is a lifestyle-driven location that blends privacy, space, and convenience. A truly special offering, build your dream lake view estate now, or secure a legacy property with exceptional upside for the future. (id:56537)