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    Desirable Lakefront Lot - Allison Lake, BC

    Okanagan Listing No. 25293

    West-facing lakefront on sought-after Allison Lake. 3 hours to the Lower Mainland. 0.26-acres; waterskiing, fishing & swimming in its clear green-blue waters. Tons of Crown land for hunting & ATVing. Covered RV parking & an older sleeping cabin. Community water system, power & septic.


    Price
    $695,000

    Size
    0.26 of an acre

    +14 photos

    Description

    West-facing lakefront lot on one of the South Okanagan’s most sought after lakes. Allision lake is located along Highway 5A between Merritt and Princeton, and only three hours’ drive from the Lower Mainland. The property is 0.26 acres in size and is located in one of the most desirable locations on the lake, set back off the highway, in an area with nice beachfront and excellent views. The lake is widely considered a jewel of the Princeton area located 28 km north of town and well known for its boating, fishing and swimming in its clear greenish blue waters. Allison Lake is one of only a few lakes within easy striking distance of the Lower Mainland that allows waterski and wakeboard boats. The lake is also stocked annually with trout that are eager to take a well-presented fly. The far side of the lake is all Crown land, so the view from you cabin will always take in the wonderful untouched wilderness of the area.

    The area also has a massive network of logging roads and ATV trails that the residence on the lake explore on foot, ATV and snowmobile. The Allision Lake Walking Trail is beautiful walking trail connects the Provincial Park from one end of the lake to homes on the north end. The trail starts with a walking bridge across Allison Creek, heads north on a bench above the lakeshore and continues along giving great views of the lake. The 5.4 km round trip will take roughly 2 hours to enjoy.

    The lot includes a covered RV parking and a simple sleeping cabin with attached carport area and additional storage. This cabin is older and of nominal value. It’s likely that a new owner will build a new cabin on this lot worthy of this fine piece of lake front. In fact, this lot is one of the last remaining lots on the lake that doesn’t have a fully built-out lakefront cabin. The lot is tied into the community water system and is serviced with power, septic system and telephone and ready for your recreational dream to come true.

    Lakefront lots along the shores of Allision Lake doe not come up for sale often, so when they do it’s a good idea to buy them as it’s difficult to find them twice.

    Location

    2986 Gophertail Road - Allison Lake - Princeton, BC

    Access

    Property is located 28 km north of Princeton along Highway 5A—see mapping section from detailed location.

    Area Data

    What’s most loved and appreciated by those who live in Princeton is the sense of space and freedom it offers. The wide-open surroundings, fresh air, and quiet evenings contribute to a lifestyle that feels far removed from the rush of urban life. Residents often speak highly of the town’s safety, its unpretentious atmosphere, and the friendliness of the people who call it home. Whether gathering at local diners, attending small-town events, or just chatting at the post office, there’s a noticeable warmth in the everyday social fabric. The connection to local history and tradition also runs deep; people care about preserving what makes the town unique and have a sense of stewardship over their community and environment.

    Princeton offers a lifestyle rooted in simplicity, natural beauty, and strong community values. With a population that sits just over 2,800 residents, it’s often described as a town where people know their neighbours, and where a slower, more grounded pace of life is appreciated. Locals take pride in the town’s history and its connection to the land, with generations of families having lived there, many tied to forestry, mining, and ranching. There’s a shared sense of resilience and independence among the people, shaped by the rural landscape and the necessity of self-reliance in a smaller community.

    Nearby Merritt is about 90 kilometres to the north and takes just over an hour to reach via Highway 5A. Though smaller than Kelowna or Penticton, Merritt offers additional services and access to the Coquihalla Highway.

    Kelowna is about 140 kilometres northeast of Princeton, with a drive time of around 1 hour and 45 minutes via Highway 97C. This is one of the closest major centres and is a common destination for shopping, medical appointments, or air travel.

    Vegetation

    Princeton features a mix of dry interior forest and grassland vegetation, with stands of ponderosa pine, Douglas fir, and lodgepole pine common in the surrounding hills. Sagebrush, bunchgrass, and wildflowers occupy the drier, open areas, reflecting the region’s semi-arid climate.

    Recreation

    The town is a gateway to outdoor activities year-round, with locals and visitors taking full advantage of its rivers, lakes, forests, and mountains.

    The Similkameen and Tulameen Rivers are central to the town’s recreation scene, drawing kayakers, canoeists, and gold panners. During the warmer months, tubing down the river is a beloved pastime, particularly for families and locals looking to cool off in a scenic setting.

    For hiking and trail exploration, the Kettle Valley Rail Trail is one of the crown jewels in the area. This former railway line, now part of the Trans Canada Trail network, passes directly through Princeton and continues west through Tulameen and east toward Summerland. It’s used for hiking, biking, horseback riding, and in winter, snowshoeing and snowmobiling. The section through the Tulameen River valley is accessible for a range of skill levels and offers particularly striking views!

    China Ridge Trails, located just a short drive outside town, provides an expansive network of multi-use trails that are very popular with cross-country skiers and snowshoers in the spring. Manning Park Resort is the nearest full-service ski resort to Princeton, offering a solid variety of winter activities. Apex Mountain Resort provides a more expansive skiing experience for those willing to travel a bit further, while the China Ridge Trails offer excellent cross-country skiing opportunities right near Princeton.

    Fishing is one of the most cherished activities in the Princeton area. The region is dotted with well-known lakes such as Allison Lake, which is located just north of the town and is a favorite for both fishing and camping. Chain Lake, situated northeast of Princeton, is another popular trout fishing destination. Otter Lake, located in nearby Tulameen, is both a recreational hotspot and a peaceful place for boating, swimming, and family picnics.

    History

    Historically, Princeton has been known for its roots in mining and forestry. Copper and coal were both significant to its development in the late 19th and early 20th centuries, with copper being the more dominant resource. The name “Princeton” was officially adopted in 1860 in honour of Prince Edward, the Prince of Wales at the time.

    The town also holds a notable position as one of the earliest established communities in the British Columbia interior, with colonial trails and wagon roads linking it to the Lower Mainland and the Okanagan. The Kettle Valley Railway, constructed in the early 1900s, also passed through Princeton and played a crucial role in its economic development. Though the railway is no longer in operation, remnants such as bridges and routes remain visible today. Architecturally, Princeton retains some historic structures, and its downtown core reflects the layout of a frontier town that grew steadily with mining booms. The Princeton Museum holds a large collection of artifacts that chronicle the town’s mining past and settlement history. The area is well-known among collectors and geologists for its fossil beds, including the Princeton Chert, which contains Eocene-era plant and insect fossils of significant scientific interest. This geological richness has made Princeton a point of interest for paleontologists and researchers over the years.

    Boundaries

    Please see mapping section, all boundaries are approximate.

    Map Reference

    49°41'26.55"N and 120°36'11.79"W

    Services

    • Community Water
    • Power

    Improvements

    The lot includes a covered RV parking and a simple sleeping cabin with attached carport area and additional storage. This cabin is older and of nominal value.

    Tax Details

    $2,076.97 (2025)

    Zoning

    RS -1

    Legal

    LOT 7 DISTRICT LOT 2697 KAMLOOPS DIVISION YALE DISTRICT PLAN 11484
    PID 004-518-217

    Maps & Plans

    +8 maps

    Maps & Plans

    Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest® does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.

    Location

    Location