10230 Teresa Road

About this home

Welcome to 10230 Teresa Road! Situated on a corner lot in a family-friendly Lake Country neighbourhood, this property offers over $200,000 in renovations and improvements! The main level features 2 bedrooms plus an office space (easily converted to a third bedroom), master ensuite, vaulted ceilings, and gas fireplace, stunning views, oversized windows and access to a partially covered patio with gas hook up. The lower level offers a fully renovated 1-bedroom suite with separate entrance, full kitchen, stackable laundry, and interior access to the main home, plus an additional bedroom and flex space. Exterior upgrades include a 6-foot black chain-link fence with self-closing gate, side stairs connecting the upper level to the enclosed backyard, landscaping, irrigation, and a retaining wall with drainage. The backyard also offers potential for a future pool (buyer to verify feasibility and approvals). A double garage and additional parking for 4 vehicles provide plenty of space. Conveniently located near schools, parks, recreation, golf courses, wineries, shopping, and Kelowna International Airport. Extensively updated with flexible living spaces, a functional layout, and room to grow!

Property details

Market read

At $378 per sq ft of finished area, it is listed in line with the $382 per sq ft median of the 965 detached homes that sold between $814K and $1.4M in the Central Okanagan over the last 12 months, and 10% below the $419 per sq ft median of the 579 listed in that range now.

579 active listings against 965 sales in a year is about 7 months of supply in this range, at the past year's pace. Those sales took a median 41 days and sold at a median 97.3% 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 4 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.

Land and setting

Local government

District of Lake Country, within the Regional District of Central Okanagan

Zoning

RU1, Small-Scale Multiple Housing, under the District of Lake Country Zoning Bylaw No. 561, 2007

Parcel

0.21 acres

Agricultural Land Reserve

Outside the ALR

Lie of the land

Falls toward the west at an overall 15% grade; 23% of the parcel is steeper than 30%, and the ground changes about 6 m (20 ft) in elevation across it

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 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