5.5 acres for sale in Kelowna, BC
$5,799,000 · Kelowna, Regional District of Central Okanagan, British Columbia · 4 km from Okanagan Mission
Advertised on Kijiji as “4485 Wallace Hill Road Kelowna, British Columbia”
- AcreScout's value model estimates a price per acre for this lot from the listings of similar size nearest to it and rates it above market: more than a third above that estimate.
- Who can buy in British Columbia, and whether non-residents or non-Canadians pay more or need approval.
- In AcreScout, the ad is read for problems it mentions (no road access, boat-only access, wetland, flooding, zoning limits, leasehold or shared ownership), with the sentence behind each note.
- Listed September 30, 2026.
- Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).
- Estimate the land transfer tax at this price.
Pin: the listing's own map point, not verified. Google satellite view
Next steps
- Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
Access Pro Bono legal referral service - Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
Association of BC Land Surveyors members - Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
Registered well drillers (GWELLS) - Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
ASTTBC registered onsite wastewater practitioners - Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
BCFSA mortgage broker search · Insurance Council of BC licensee directory
Check whether the lot is in the Agricultural Land Reserve (ALR): the Agricultural Land Commission limits subdividing, extra homes and non-farm uses there.
Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.
Similar-sized land in Regional District of Central Okanagan
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 5.1 acres Kelowna |
$899,000 | 5.1 | $175,244/ac | below market | |
| 5.5 acres West Kelowna |
$1,900,000 | 5.5 | $348,624/ac | above market | |
| 5.1 acres Peachland |
$1,900,000 | 5.1 | $369,650/ac | above market | |
| 5.1 acres Kelowna |
$2,599,000 | 5.1 | $513,028/ac | above market | |
| 5.5 acres Kelowna |
$2,898,000 | 5.5 | $526,909/ac | above market | |
| 5.4 acres Kelowna |
$3,375,000 | 5.4 | $620,404/ac | above market | |
| 5.6 acres Lake Country |
$3,977,000 | 5.6 | $710,179/ac | above market | |
| 5.5 acres Big White |
$4,750,000 | 5.5 | $863,636/ac | above market |
Each listing's value check compares it with the listings of similar size nearest to it, so one lot can rate above market at a lower price per acre than another elsewhere in the region.
144 listings near Kelowna · All 284 listings in Regional District of Central Okanagan · British Columbia