Lake Country East / Oyama, Lake Country
Lake Country East / Oyama, Lake Country, British Columbia, V4V 2J1
Welcome to 16904 Gatzke Road, a truly special five-ACRE property nestled in the heart of Lake Country. Offering 4 bedrooms, 4 bathrooms, and 3,862 square feet of living space, this family home gives everyone room to breathe, gather, and grow. With serene views of Kalamalka Lake, it’s easy to see why this corner of the Okanagan is so loved. The bright main living areas offer inviting spaces for family dinners, everyday living, and entertaining. Downstairs, the walkout basement offers incredible suite potential or space for a home-based business, hobbies, a growing or support multigenerational family. Outside, there’s room to enjoy it all! A charming pond, gardens, and a peaceful hot tub retreat create your own private escape. There’s plenty of space for the kids to play, along with RV parking with 30 AMP, covered parking options, and room for all of your recreational toys. You’re only minutes from Pane Vino Pizzeria, Kalamalka Lake, Wood Lake, and the Okanagan Rail Trail for family walks and bike rides. Stop by Gatzke Market for fresh local fruits and vegetables along the way. Whether you’re raising a family, welcoming extended family, or looking for more space to enjoy the Okanagan lifestyle, this property has so much to offer. Come take a look and picture your family at home. Open House on October 10th from 1PM TO 3PM. What are you waiting for?
At $382 per sq ft of finished area, it is listed 9% below the $418 per sq ft median of the 523 detached homes that sold between $1.1M and $1.8M in the Central Okanagan over the last 12 months, and 15% below the $451 per sq ft median of the 430 listed in that range now.
430 active listings against 523 sales in a year is about 10 months of supply in this range, at the past year's pace. Those sales took a median 47 days and sold at a median 96.9% of their final list price.
Across Lake Country East / Oyama, 53 detached homes sold in the last 12 months at a median $908,000 ($389 per sq ft), in a median 47 days, at 97.0% of final list price; 47 are listed now.
On the market 20 days under this listing, at its original price.
Association of Interior REALTORS® MLS® data, as of October 21, 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.
Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the District of Lake Country; 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 2025, 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.
Neighbourhood Access
Car-dependent
A main grocery an 8-minute drive away.
Neighbourhood Access is produced by A.L.I.C.E. from OpenStreetMap, BC Transit and BC school data, using network walking, cycling and transit distances from this address with an Okanagan terrain adjustment. We strive for accuracy, but the figures are indicative and should be independently verified.