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Land For Sale in Shannon Lake, West Kelowna

21 Land For Sale in Shannon Lake, West Kelowna

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Shannon Lake Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$671,400
Difference over last year (%)
1.8

Shannon Lake

Located within the Greater Kelowna metropolitan area, Shannon Lake is a neighbourhood in West Kelowna, British Columbia.

Transportation

Cars are an excellent mode of transportation in this neighbourhood. It is a reasonably short drive to the closest highway from anywhere in Shannon Lake, and it is especially convenient to come across a parking spot. However, the public transit system in Shannon Lake is fairly poor. Nonetheless, the neighbourhood is connected by a few bus lines, and bus stops are usually very close by. Traveling as a pedestrian is not very practical for home buyers in Shannon Lake since running daily errands is difficult without the need for a vehicle. The bicycle is a somewhat poor mode of transportation in this neighbourhood because there are quite a few hills, and there are few bike lanes.

Services

A vehicle is usually required in this area to access the closest grocery store. There are also a limited number of opportunities for those who value close by restaurants. In terms of education, daycares and primary schools are easy to access without a vehicle from most homes for sale in this area. However, parents and their kids may find it very hard to get to high schools by walking.

Character

Shannon Lake is a wonderful neighbourhood to buy a home in for those who prefer a relaxed ambience. This part of the municipality is excellent for those who need quiet surroundings, as there are usually low levels of noise from traffic. Finally, green spaces, such as Kinsmen Park and Davidson Creek, are very well-spread out and there are approximately 40 of them close by for residents to visit, making them easy to get to.

Housing

In Shannon Lake, the majority of dwellings are single detached homes, and the rest of the properties are mainly small apartment buildings. This neighbourhood is primarily composed of three bedroom and four or more bedroom homes. Homeowners occupy roughly 90% of the properties in Shannon Lake and 10% are rented. This neighbourhood experienced its largest construction boom after the year 2000, so most of the available homes are from this era.