198 Bankview Place | $1,745,000
Imagine waking up to breathtaking water views every single morning. Picture yourself sipping your coffee on your private deck, overlooking the stunning Okanagan landscape while the rest of the world rushes by. This isn't just a dream—it's your new reality at 198 Bankview Place.
This exceptional 3-bedroom, 2-bathroom rancher sits on one of Penticton's most desirable streets, offering something truly rare: spectacular water views combined with incredible investment potential.
1,708 sq ft of thoughtfully designed living space
3 spacious bedrooms including a large primary suite
2 full bathrooms for comfortable family living
Ranch-style layout perfect for single-level living
Unobstructed water views that will take your breath away
Here's where this property becomes truly exceptional: a 1,400 sq ft unfinished walkout basement with suite potential. Whether you're looking to:
Create a mortgage-helper suite for rental income
Build the ultimate in-law suite for multi-generational living
Design your dream rec room, home gym, or entertainment space
Add significant equity through strategic renovation
The choice is yours—and the potential is enormous.
You've worked hard in Alberta's competitive markets. Now it's time to invest in your lifestyle—and your future.
300+ days of sunshine annually (goodbye, prairie winters!)
World-class wineries minutes from your door
Year-round outdoor recreation—skiing, hiking, boating, golfing
Thriving local economy with growing opportunities
Strong real estate appreciation in one of BC's hottest markets
Perfect for remote work or semi-retirement lifestyle
This isn't just any Penticton property—it's in the highly sought-after Uplands/Redlands area, known for:
Elevated positions with stunning views
Quiet, established neighbourhood character
Proximity to downtown amenities and services
Access to top-rated schools (7 public schools + 1 Catholic school nearby)
Strong property values and desirability
Whether you're looking for:
A full-time residence to escape Alberta's harsh winters
A vacation property for weekend getaways and summer holidays
A rental investment in BC's booming Okanagan market
A renovation project to build instant equity
A retirement haven to enjoy your golden years
198 Bankview Place delivers on every level.
Listed at $1,745,000
For Calgary and Edmonton buyers accustomed to competitive markets, this represents exceptional value:
Main floor living space: 1,708 sq ft
Unfinished basement potential: 1,400 sq ft
Total potential: 3,108 sq ft
Cost per finished sq ft: $1,022 (main level only)
Cost per sq ft with basement finished: Approximately $562
With strategic renovations to the basement, you could add $200,000-$300,000+ in equity while creating additional living or rental space.
Morning: Wake up to panoramic water views. Enjoy your coffee on the deck as the sun rises over the lake.
Afternoon: Work remotely from your home office with inspiring views, or head to one of dozens of nearby wineries for a tasting.
Evening: BBQ on your spacious deck, entertain friends in your open-concept living space, or simply relax and watch the sunset paint the sky.
Weekend: Hit the slopes at Apex Mountain (30 minutes), explore Skaha Lake (5 minutes), or discover a new favourite winery on the Naramata Bench.
Properties with this combination of water views, suite potential, and prime location don't come available often in Penticton. Calgary and Edmonton buyers are already discovering what makes the Okanagan—and especially Penticton—such a smart investment.
This is your chance to:
Secure a piece of BC's most desirable region
Invest in a property with immediate equity-building potential
Create the lifestyle you've always dreamed of
Build long-term wealth in a proven market
Ready to make 198 Bankview Place your own? Whether you're looking to book a private showing, arrange a virtual tour, or simply learn more about this exceptional property, we're here to help.
Skaha Realty Group Inc.
201-311 Main Street Penticton, BC V2A 5B7