5467 Sawmill Road

About this home

Set on a flat, fenced 0.912-acre property backing onto the peaceful oxbow, this Oliver property offers space, privacy, and plenty of room to make it your own. Close enough to town for everyday convenience, yet tucked away enough to enjoy a little peace and quiet. The spacious home features 5 bedrooms, with 3 upstairs and 2 downstairs. The main floor offers a warm and inviting living room with a cozy wood-burning stove, charming nook, and a bright kitchen with ample cabinetry, a large solid island, and plenty of natural light. Downstairs, a pellet stove keeps the secondary living room space cozy, while the flexible layout offers room for a gym, games room, hobby space, the options on endless to fit your lifestyle! Step outside & enjoy the Okanagan setting, complete with plum trees, raspberry and blackberry bushes, a pergola, and firepit. Generous covered deck space at both the front and back, plus covered patio, makes outdoor living easy in just about any season. The garage is a tinkerer’s happy place, featuring a 13-foot ceiling, a built-in workshop and additional overhead storage—with plenty of room for your vehicle, tools, toys and projects. The property also includes two drilled wells, three sheds, and a large particle filter and charcoal filtration system. This is a fantastic opportunity to enjoy nearly an acre in Oliver with space to live, dream, and make it your own. Your little slice of Okanagan opportunity awaits! All measurements are apx buyer to verify if important.

Property details

Market read

At $224 per sq ft of finished area, it is listed 37% below the $356 per sq ft median of the 501 detached homes that sold between $514K and $856K in the South Okanagan over the last 12 months, and 40% below the $376 per sq ft median of the 281 listed in that range now.

281 active listings against 501 sales in a year is about 7 months of supply in this range, at the past year's pace. Those sales took a median 54 days and sold at a median 97.2% of their final list price.

Across Oliver Rural, 31 detached homes sold in the last 12 months at a median $835,000 ($389 per sq ft), in a median 74 days, at 96.8% of final list price; 43 are listed now.

On the market 14 days under this listing, at its original price.

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

Regional District of Okanagan-Similkameen, in an electoral area outside any municipality, so local land use rules come from the regional district

Zoning

SH3, Small Holdings Three, under the RDOS Okanagan Valley Zoning Bylaw No. 2800, 2022

Parcel

0.93 acres

Agricultural Land Reserve

Inside the ALR

Floodplain

Inside the Okanagan River designated floodplain (provincial designation 93/09, year and month)

Lie of the land

Close to level overall, about 1% grade

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the Regional District of Okanagan-Similkameen; 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 2024, 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