5251 Buchanan Road

About this home

Exceptional Peachland lakeshore property featuring a main home, carriage house, and three-car garage. Set on a generous sized waterfront parcel with easy access to the lake, this property offers meticulous landscaping and fully fenced grounds. The main residence is thoughtfully designed for everyday living and entertaining, with an elevator connecting all three levels for convenient easy access. An open-concept floor plan is complemented by glass doors that open seamlessly out onto a spacious stamped-concrete deck. The spacious primary suite offers a private retreat with an attached office, ensuite bathroom, private deck and dedicated laundry. A new hot tub on the covered deck provides the perfect place to unwind while taking in the tranquil lake views. Above the expansive garage, a carriage house provides a private and versatile space for family and guests, complete with its own kitchen, laundry, bedrooms, and bathrooms. A breezeway creates a seamless connection between the carriage house and main residence while maintaining a sense of privacy. Outdoor living is at the heart of this exceptional property, with a heated in ground pool overlooking the lake and a private dock designed for effortless enjoyment of the water. A pile-driven dock with a substantial boat lift makes boating and lakeside recreation remarkably convenient. A rare opportunity to experience refined waterfront living in one of Peachland’s most sought-after settings.

Property details

Market read

At $711 per sq ft of finished area, it is listed in line with the $699 per sq ft median of the 50 detached homes that sold between $2.6M and $4.4M in the Central Okanagan over the last 12 months, and 5% above the $675 per sq ft median of the 126 listed in that range now.

126 active listings against 50 sales in a year is about 30 months of supply in this range, at the past year's pace. Those sales took a median 62 days and sold at a median 94.3% of their final list price.

Across Peachland, 71 detached homes sold in the last 12 months at a median $835,000 ($375 per sq ft), in a median 54 days, at 97.3% of final list price; 75 are listed now.

On the market 18 days under this listing, at its original price. Board records show it was listed before, with at least 554 days on market in total.

Association of Interior REALTORS® MLS® data, as of October 20, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.

Land and setting

Local government

The Corporation of the District of Peachland, within the Regional District of Central Okanagan

Zoning

RM2, Multi-Unit Infill Residential, under the District of Peachland Zoning Bylaw No. 2400, 2023

Parcel

0.32 acres

Agricultural Land Reserve

Outside the ALR

Lie of the land

Falls toward the southeast at an overall 22% grade; 37% of the parcel is steeper than 30%, and the ground changes about 17 m (55 ft) in elevation across it

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the District of Peachland; ALR from the Agricultural Land Commission boundary; floodplains from the Province’s designated floodplain mapping, which is decades old and incomplete, so local governments set flood construction levels and the absence of a designation here is not a clearance. The lie of the land is measured from the Province's LidarBC 1 m bare-earth elevation model, flown in 2025, across the parcel itself; it reads the ground, not the buildings, so banks and retaining walls count as steep ground. None of this replaces a title search, a survey or confirmation with the local government, which is the authority on zoning.

Location

Neighbourhood Access