5474 Deadpine Drive

About this home

This exceptional 10.14-acre estate overlooks the valley, Okanagan Lake, Duck Lake, city lights, and Kelowna International Airport. The beautifully maintained 6-bedroom + den residence offers Expansive living and entertaining spaces, enhanced by two wood-burning fireplaces and large picture windows that frame the stunning landscape and flood the home with natural light. The main living areas transition seamlessly to the outdoor pool setting. Perfect for hobbyists, car enthusiasts, or those seeking workspace flexibility, the property features a detached double garage along with an attached four-bay garage. Thoughtfully equipped for efficiency and sustainability, the home includes a solar system to offset summer electrical costs and geothermal heating and cooling for year-round comfort. For outdoor and equestrian enthusiasts, the property is equally impressive — complete with a riding arena, barn, and two paddocks, along with scenic bluff viewpoints and private trails that lead through the lower portion of the land. Nearby access to established horse and off-road trail systems is just minutes away. Architectural plans for a potential carriage house are available, and there is future potential to build a second dwelling (buyer to verify with RDCO), adding further flexibility and long-term value. This property is located on a school bus route and minutes to Kelowna International Airport, UBC Okanagan, and approximately 15 minutes to Orchard Park Mall and downtown Kelowna.

Property details

Market read

At $571 per sq ft of finished area, it is listed 6% below the $608 per sq ft median of the 88 detached homes that sold between $2.2M and $3.7M in the Central Okanagan over the last 12 months, and 9% below the $630 per sq ft median of the 175 listed in that range now.

175 active listings against 88 sales in a year is about 24 months of supply in this range, at the past year's pace. Those sales took a median 61 days and sold at a median 95.8% of their final list price.

Across Ellison, 42 detached homes sold in the last 12 months at a median $775,000 ($359 per sq ft), in a median 41 days, at 97.6% of final list price; 20 are listed now.

On the market 94 days under this listing, at its original price. Board records show it was listed before, with at least 125 days on market in total.

Association of Interior REALTORS® MLS® data, as of October 24, 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 Central Okanagan, in an electoral area outside any municipality, so local land use rules come from the regional district

Zoning

RU2, Rural 2, under the Regional District of Central Okanagan Zoning Bylaw No. 871

Parcel

10.17 acres

Agricultural Land Reserve

About 4% of the parcel is inside the ALR

Lie of the land

Falls toward the west at an overall 29% grade; 43% of the parcel is steeper than 30%, and the ground changes about 88 m (289 ft) in elevation across it

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the Regional District of Central Okanagan; 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