345 Poplar Point Drive

About this home

Desirable Poplar Point! A rare opportunity to secure one of Kelowna's most sought-after properties. Set on a spectacular 0.57-acre hillside lot, this property captures stunning 180; panoramic lake views and offers endless potential to create an exceptional custom residence. The existing home provides approximately 1,524 sq. ft. of living space that could be brought back to its former glory, but the true value lies in the extraordinary location and irreplaceable lot. Enjoys incredible views from the upper portion of the lot while offering a premier setting for future redevelopment. Enjoy the ultimate Okanagan lifestyle with beaches just steps away, Knox Mountain's renowned trail network at your doorstep, and downtown Kelowna only minutes away. Minutes away to the Brewery and Cultural Districts, Prospera Place, restaurants and shopping. Large view lots in Poplar Point rarely come to market, making this an exceptional opportunity for builders, investors, or anyone looking to build their dream home in one of Kelowna's most prestigious neighbourhoods. The property is offered and sold strictly on an "as is, where is" basis.

Property details

Market read

At $771 per sq ft of finished area, it is listed 99% above the $387 per sq ft median of the 821 detached homes that sold between $881K and $1.5M in the Central Okanagan over the last 12 months, and 82% above the $424 per sq ft median of the 538 listed in that range now.

538 active listings against 821 sales in a year is about 8 months of supply in this range, at the past year's pace. Those sales took a median 43 days and sold at a median 97.1% of their final list price.

Across Kelowna North, 40 detached homes sold in the last 12 months at a median $916,250 ($525 per sq ft), in a median 49 days, at 95.9% of final list price; 27 are listed now.

On the market 23 days under this listing, at its original price. Board records show it was listed before, with at least 85 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

City of Kelowna, within the Regional District of Central Okanagan

Zoning

RU1, Large Lot Housing, under the City of Kelowna Zoning Bylaw No. 12375

Parcel

0.57 acres

Agricultural Land Reserve

Outside the ALR

Lie of the land

Falls toward the northwest at an overall 41% grade; 63% of the parcel is steeper than 30%, and the ground changes about 28 m (92 ft) in elevation across it

Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the City of Kelowna; 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.

Location

Neighbourhood Access