An exceptional opportunity in the prestigious Okanagan Centre neighbourhood of Lake Country. This 0.32 acre lot is ideally positioned just a half-block from the sparkling shores of Okanagan Lake, offering both immediate enjoyment and long-term potential. The existing cottage presents an excellent holding property, perfect for long- or short-term rental income while you plan and design your future custom residence. The property is serviced by municipal water (no lake intake), adding convenience and peace of mind. Enjoy a true walkable lifestyle just steps to Salty Caramel Cafe, Pebble Beach, the public boat launch, and minutes from some of the Okanagan’s most celebrated wineries including Gray Monk, Ex Nihilo, and Arrowleaf. Opportunities in this low-turnover lakeside community are rare. Drive through the neighbourhood and experience firsthand why so many choose to call Okanagan Centre home.