Nestled in a private Oyama setting, this sizeable walkout rancher with a basement offers over 3,200 square feet of living space and spectacular lake views, just steps from the water. Situated on a spacious 0.497 acre lot backing onto mature landscaping and the popular Rail Trail, this four bedroom, three bathroom home provides the ultimate Okanagan lifestyle. Enjoy nearby access to a private beach on Wood Lake, perfect for summer water activities, and easy access to nearby Kalmalka Lake. Surrounded by orchards and vineyards, this home offers a peaceful retreat with tons of potential for the new buyer. The primary suite features an ensuite and walk-in closet, and the home is easily suiteable, boasting a separate patio entrance and a wet bar in the basement, easily adaptable for a private one bedroom mortgage helper. With a massive paved driveway ideal for recreational vehicles, cars, and toys, plus a double garage, there is plenty of space for all your needs. Additional highlights include high ceilings, hardwood flooring, a new four-ton AC unit, built-in vacuum, and roughed-in security system. Whether you're looking for a serene escape or a home with tons of potential, this property is a must-see.