5 acres for sale in Oliver, BC
$1,199,000 · Oliver, Regional District of Okanagan-Similkameen, British Columbia · 38 km from Penticton (nearest town of 10,000+)
Advertised on Kijiji as “4923 RYEGRASS Road Oliver, 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.
- Whether non-residents or non-Canadians pay more or need approval: who can buy in British Columbia.
- 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 October 18, 2026.
- Internet: 50/10 Mbps or faster available within about 1 km (ISED National Broadband Data).
- Across Canada, lots of 3–7.5 acres are typically listed at $175,000 ($39,547/ac). Prices for every lot size
- Estimate the land transfer tax at this price.
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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 Okanagan-Similkameen
| Listing | Price | Acres | Per acre | Water | Value |
|---|---|---|---|---|---|
| 5 acres Osoyoos |
$459,900 | 5 | $91,980/ac | near market | |
| 5 acres Tulameen |
$569,000 | 5 | $113,800/ac | above market | |
| 5 acres on a river Oliver |
$899,900 | 5 | $179,980/ac | River frontage | above market |
| 5 acres Summerland |
$1,250,000 | 5 | $250,000/ac | above market | |
| 5 acres Summerland |
$1,299,000 | 5 | $259,800/ac | above market | |
| 5 acres Summerland |
$1,399,000 | 5 | $279,800/ac | above market | |
| 5 acres Osoyoos |
$1,545,000 | 5 | $309,000/ac | above market | |
| 5 acres Naramata |
$1,580,000 | 5 | $317,907/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.
20 listings near Oliver · All 250 listings in Regional District of Okanagan-Similkameen · British Columbia