One of a kind massive nearly half Acre waterfront lot zoned R4-L Small-Scale Multi-Unit Residential - Large on exclusive Skaha Lake with approx 123' of waterfront and a dock! This west facing lot is flat, serviced with underground lines, and in the perfect location which is close enough to walk to a waterfront park, public beach, marina, dining, and just far enough away to get away from it all. The 2389 sq ft mid century modern rancher is updated and has 11' vaulted ceilings in the spacious kitchen, massive windows bringing in all the natural light you crave and panoramic lake/mountain/beach views from nearly every room. You will love the private patio courtyard in the front and covered deck with bbq station in the back. There is suite potential as primary bedroom has its own wet bar with plenty of space, ensuite, sitting area, separate entrance, and covered deck with lake view. There is ample parking whatever your needs on this beautiful large lot and a detached triple car garage for all your toys, it has development/subdivision potential and a foreshore permit with the potential to extend the current dock to a 120' dock! Secure, gated access, fully fenced, move in ready, perfect for any developer or those looking for a generational or long term holding property. One of the last large waterfront lots left and in one of the most desirable locations in the South Okanagan, this is your chance!