Homes for Sale in Kelowna Under $500,000

Kelowna Homes for Sale Under $500,000

This page features current homes for sale in Kelowna priced under $500,000. Listings in this range most commonly include condominiums, apartments, and select townhomes across Kelowna, West Kelowna, and nearby communities.

Buyers searching for homes under $500K in Kelowna often focus on condominiums and entry-level properties that offer access to the Central Okanagan housing market. Kelowna homes under $500,000 can vary widely depending on building age, location, and amenities, with many options available in established neighbourhoods and surrounding communities.

People searching for houses for sale in Kelowna under 500K will most commonly find condominium units and some townhomes depending on market conditions. New listings in this price range can attract significant interest from first-time buyers, investors, and downsizers.

Updated daily from the local MLS® system.

Forgot password Extend Verify Contact
1-12/753
  • Condo at 440 Feathertop Way Lot# 51 in Big White

    440 Feathertop Way Lot# 51 Big White V1P 1P3
    Main Photo: Condo at 440 Feathertop Way Lot# 51 in Big White
    $433,000
    Vacant Land
    Status:
    Active
    MLS® Num:
    10365073
    Welcome to 440 Feathertop Way! Located in one of the most desirable and sought after areas at Big White, Feathertop Estates offers luxurious mountainside living at one of Canada’s largest Ski-in Ski-Out Resort Villages. This stunning 0.07-acre building lot is nestled into the mountainside offering incredible, unobstructed views of the Monashee Mountains. Feathertop Estates is Big White’s premier private ski-home community, offering unmatched exclusivity and location. Perfectly positioned within walking distance of the Village Centre, this prestigious neighbourhood is nestled between two ski runs – Sundance and Millie’s Mile – providing effortless access to two chairlifts and the iconic yellow gondola. When it comes to location, nothing compares. All services are conveniently located at the lot line, including water. Sewer hookup has also been pre-paid. Building plans by the award winning Weninger Construction & Design Ltd. team have been approved by both the strata and Regional District of Kootenay Boundary (RDKB); however, you can bring your own builder and there are no building timelines restrictions. Just an hour from Kelowna, Big White is famous for its dry, fluffy, all-natural Okanagan champagne powder. Enjoy other winter activities like ice skating, tubing, cross country skiing, snowshoeing and so much more. Big White is exempt from the Foreign Buyers Ban, Foreign Buyers Tax, Speculation/Vacancy Tax, Empty Home Tax, and Short-Term Rental Ban. Purchase price, plus GST. (id:2493) More details
    Listed by Oakwyn Realty Okanagan
  • Condo at 5335 Big White Road Unit# 307/309 in Big White

    5335 Big White Road Unit# 307/309 Big White V1P 1P3
    Main Photo: Condo at 5335 Big White Road Unit# 307/309 in Big White
    $439,900
    Single Family
    Status:
    Active
    MLS® Num:
    10382265
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    925 sq. ft.
    PRICED TO SELL! Best location on the mountain! True ski in and ski out. Plaza chair lift brings your right back to your front door. Spacious 2 bedroom, 2 bathroom condo with full kitchen right in the heart of Big White's main village. Ski right out the front door. Black Diamond Bar and Grill in building. Steps to market, Snowshoe Sam's, restaurants, ski lessons, etc. Strata fee includes heat, power, cable, internet, shared hot tub, shared laundry. 2 condos on 2 separate titles with TWO underground parking stalls. Nightly rentals through Big White Central Reservations. (id:2493) More details
    Listed by Royal LePage Kelowna
  • Condo at 5375 Big White Road Unit# 306 Lot# SL 74 in Big White

    5375 Big White Road Unit# 306 Lot# SL 74 Big White V1Y 6J6
    Main Photo: Condo at 5375 Big White Road Unit# 306 Lot# SL 74 in Big White
    $215,000
    Single Family
    Status:
    Active
    MLS® Num:
    10384450
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    288 sq. ft.
    Own your very own studio apartment in the heart of Big White village! One of the few buildings that allows owners to choose their rental options - you can self manage or opt in to the Big White Central Reservations. This unit has been lovingly cared for with loads of upgrades and comes fully outfitted and ready to go. No detail overlooked - this unit is turnkey. Guests enjoy the shared outdoor hot tub with village and mountain views. Communal sauna. Ski in / out. Many restaurants and grocery / liquor store all just steps away. Call it your primary home, rental or enjoy the short term rental income potential - the choice is yours. Parking is unassigned and open. Comes with one assigned storage locker. Pets ok with restrictions. (id:2493) More details
    Listed by Century 21 Assurance Realty Ltd
  • Condo at 20 Kettleview Road Unit# 327 in Big White

    20 Kettleview Road Unit# 327 Big White V1Y 1P3
    Main Photo: Condo at 20 Kettleview Road Unit# 327 in Big White
    $345,000
    Single Family
    Status:
    Active
    MLS® Num:
    10385646
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    457 sq. ft.
    Welcome to your ultimate Big White escape in Snow Ghost Inn, where true ski-in, ski-out living puts you directly onto the iconic Perfection Run and just steps from the Village, creating that seamless mountain lifestyle buyers are chasing. This bright and inviting one-bedroom, one-bathroom retreat overlooks the outdoor pool, capturing the energy of resort living while offering a cozy, private space to unwind after a full day on the slopes. Start your mornings with fresh alpine air, ski out from your door, and finish your days in the hot tub or enjoying après with friends—this is effortless four-season living at its best. Snow Ghost Inn offers incredible amenities including a heated outdoor pool, hot tub, games room, and squash court, making it just as appealing for personal use as it is for guests. With rare exemptions from the foreign buyer ban, speculation tax, empty home tax, and short-term rental restrictions, this property stands out as a flexible, high-performing investment or the perfect turn-key mountain getaway—offering not just a home, but a lifestyle. (id:2493) More details
    Listed by Sotheby's International Realty Canada
  • Single Family at 4809 Snow Pines Road Unit# D in Big White

    4809 Snow Pines Road Unit# D Big White V1P 1P3
    Main Photo: Single Family at 4809 Snow Pines Road Unit# D in Big White
    $459,900
    Single Family
    Status:
    Active
    MLS® Num:
    10385893
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,102 sq. ft.
    Cozy 2 Bedroom, 2 Bathroom, 1100 Sq.Ft Chalet at Big White. Towering Firs is located in Snow Pines, with great views of the Monashee Mountains. This home comes fully furnished and is ready for the ski season. Ski Access and Parking right outside your front door. (id:2493) More details
    Listed by Stilhavn Real Estate Services
  • Condo at 5340 Big White Road Unit# 117 in Big White

    5340 Big White Road Unit# 117 Big White V1P 1P3
    Main Photo: Condo at 5340 Big White Road Unit# 117 in Big White
    $199,000
    Single Family
    Status:
    Active
    MLS® Num:
    10386499
    Bathrooms:
    1
    Floor Area:
    330 sq. ft.
    Charming Studio Condo in the Heart of Big White Village. Discover this cozy studio condo located in the sought-after Inn at Big White, boasting soaring high ceilings that enhance the sense of space and light. Perfectly positioned in the heart of the Village, this property offers a prime opportunity for a solid rental investment or a personal ski retreat. The Inn at Big White features exceptional amenities, including an outdoor pool (the only pool open in the summer), a hot tub, a games room, and a renowned restaurant with a rooftop patio offering stunning mountain views. With easy access to ski runs and an on-site rental management company, this condo is ideal for maximizing convenience and rental potential. Grossing $20,000 in annual revenue, this property is a proven income generator. Strata fees include everything, making ownership stress-free and straightforward. Whether you're looking for an income-generating property or your own mountain getaway, this condo delivers on location, amenities, and lifestyle. Don’t miss your chance to own a piece of Big White magic! Take advantage of the newly expanded accessibility to Big White, with direct flights from Los Angeles, Toronto, and Montreal via Alaska Airlines. Just an hour from YLW, immerse yourself in a winter wonderland renowned for the best snow in North America. Fully exempt from the Foreign Buyer Ban, Foreign Buyers Tax, Speculation Tax, Empty Home Tax, and Short-Term Rental Ban. (id:2493) More details
    Listed by Sotheby's International Realty Canada
  • Condo at 7375 Porcupine Road Unit# B3 in Big White

    7375 Porcupine Road Unit# B3 Big White V1P 1P3
    Main Photo: Condo at 7375 Porcupine Road Unit# B3 in Big White
    $499,900
    Single Family
    Status:
    Active
    MLS® Num:
    10385173
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,229 sq. ft.
    Experience the best of mountain living at the Winter Ridge with this bright and inviting 4-bedroom, 2.5-bath ski-in/ski-out retreat, perfectly positioned just off Perfection Run for effortless access to first tracks every morning. Ideally located only a short 2-minute walk to the village, you’ll enjoy the perfect balance of convenience and alpine charm. After a day on the slopes, unwind in one of three communal hot tubs or relax in the warm, cozy interior designed for gathering with family and friends. Complete with private storage lockers and exceptional rental potential, this is the ultimate year-round getaway and an outstanding investment opportunity. (id:2493) More details
    Listed by REMAX Kelowna
  • Condo at 20 Kettleview Road Unit# 305 in Big White

    20 Kettleview Road Unit# 305 Big White V1P 1T4
    Main Photo: Condo at 20 Kettleview Road Unit# 305 in Big White
    $249,000
    Single Family
    Status:
    Active
    MLS® Num:
    10389710
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    441 sq. ft.
    The Bears Den in the Snowghost Inn is an amazing property right on the ski run and with so many individual touches inside, it must be seen. The steam shower in the bathroom is a very nice upgrade, and the whole unit has been meticulously done. The Bear theme is noticed throughout the property and the unit feels so cozy inside! A new thick carpet feels soft on your feet, and the kitchen has been thoughtfully designed. This property lets you control; your own rentals or you can use for personal use only. The deck has extra space for a mattress and storage. The unit is top floor on the interior side. GST is paid and it's ready to go. (id:2493) More details
    Listed by REMAX Kelowna
  • Condo at 5335 Big White Road Unit# 316 in Big White

    5335 Big White Road Unit# 316 Big White V1P 1T4
    Main Photo: Condo at 5335 Big White Road Unit# 316 in Big White
    $199,000
    Single Family
    Status:
    Active
    MLS® Num:
    10391173
    Bathrooms:
    1
    Floor Area:
    462 sq. ft.
    This third floor unit in the Chateau at Big White has a beautiful view of the Monashee mountains and is located right in the heart of the village. This property is part of a fully managed rental pool and has been well maintained. It comes fully furnished and ready to go for this ski season. You can't beat the location and price per square foot makes this one of the best buys at Big White for a smaller property right now. Don't comprise on location, be right in the heart of all the action. (id:2493) More details
    Listed by REMAX Kelowna
  • Condo at 5375 Big White Road Unit# 314 in Big White

    5375 Big White Road Unit# 314 Big White V1Y 4S3
    Main Photo: Condo at 5375 Big White Road Unit# 314 in Big White
    $170,000
    Single Family
    Status:
    Active
    MLS® Num:
    10390929
    Bathrooms:
    1
    Floor Area:
    241 sq. ft.
    Don't miss this turnkey, move-in-ready ski-in, ski-out studio condo in the highly sought-after Whitefoot Lodge, perfectly situated in the heart of Big White Ski Resort. Located on the second floor, this fully furnished apartment offers breathtaking mountain and village views, allowing you to watch the weekly fireworks right from your window. The ultimate in convenience, Whitefoot Lodge features unmatched in-building amenities, including a grocery/liquor store, pharmacy, medical clinic, hot tub, sauna, and heated underground parking, all while being steps away from the legendary Snowshoe Sam's. This property represents a fantastic investment opportunity with solid rental income potential, especially as Big White continues to expand its summer season tourism alongside its world-class winter experience. Whether you are looking for a personal alpine getaway or a high-yield revenue generator, this cozy village condo delivers the perfect blend of lifestyle and location. Book your showing today! (id:2493) More details
    Listed by Sotheby's International Realty Canada
  • Condo at 5375 Big White Road Unit# 230 in Big White

    5375 Big White Road Unit# 230 Big White V1P 1P3
    Main Photo: Condo at 5375 Big White Road Unit# 230 in Big White
    $174,900
    Single Family
    Status:
    Active
    MLS® Num:
    10394203
    Bathrooms:
    1
    Floor Area:
    225 sq. ft.
    Welcome to your cosy ski studio! This newly updated studio boasts a sleek Murphy bed and efficient mini kitchen, perfect for your mountain escapes. Embrace the mountain lifestyle with the best ski-in/ski-out access and indulge in apres-ski relaxation in the sauna and hot tub. Rentals OK, Pet-friendly and conveniently located near shops and restaurants, this gem is your ticket to year-round adventure. Don't miss out—claim your slice of paradise today! GST applies. (id:2493) More details
    Listed by Royal LePage Kelowna
  • Condo at 5340 Big White Road Unit# 129 in Big White

    5340 Big White Road Unit# 129 Big White V1P 1P3
    Main Photo: Condo at 5340 Big White Road Unit# 129 in Big White
    $180,000
    Single Family
    Status:
    Active
    MLS® Num:
    10396833
    Bathrooms:
    1
    Floor Area:
    373 sq. ft.
    Experience effortless mountain living with this turn-key, fully furnished studio at The Inn at Big White. Designed to comfortably accommodate four guests, this inviting retreat features a functional kitchenette, a full 4-piece bathroom, and a cozy gas fireplace for relaxing after a day on the slopes. Whether you're looking for a personal mountain getaway or an income-producing property, you can enjoy the flexibility of using the unit yourself or participating in the rental pool to generate revenue. Perfectly positioned beside the Plaza Chair, this true ski-in/ski-out location puts you just steps from Big White's vibrant Village, where restaurants, shops, cafes, pubs, and year-round activities are all within easy walking distance. After a day of adventure, take advantage of the resort-style amenities, including a heated outdoor pool, hot tub, fitness centre, and on-site restaurant. With legendary champagne powder, an unbeatable mountain community, and exemptions from the Foreign Buyer Ban, Foreign Buyers Tax, Speculation Tax, Empty Homes Tax, and Short-Term Rental Ban, this is an exceptional opportunity to own a low-maintenance vacation property with outstanding investment potential. (id:2493) More details
    Listed by REMAX Kelowna
1-12/753
Data was last updated October 31, 2026 at 09:15 AM (UTC)

What You Can Expect in the Under $500K Range

Homes priced under $500,000 in Kelowna most commonly include condominiums and apartment-style units, along with select townhomes depending on neighbourhood and market conditions. This price range often represents the entry point into the Kelowna housing market for buyers seeking ownership within the Central Okanagan.

Buyers searching for Kelowna homes under $500,000 frequently compare different neighbourhoods, building ages, and property amenities when evaluating listings. Condos under $500K in Kelowna can range from smaller studio or one-bedroom units to larger two-bedroom layouts depending on the building and location.

Because demand for more affordable housing can be strong, new listings in this price range may attract attention quickly once they appear on the market.

Homes & Property Types in This Price Range

Real estate under $500,000 in Kelowna typically includes smaller residential properties or homes located in specific neighbourhoods and surrounding communities.

Buyers may find options such as:

  • Condominium units in apartment-style buildings
  • Studio and one-bedroom condos in central locations
  • Two-bedroom condominiums in established buildings
  • Entry-level townhomes in select neighbourhoods
  • Investment-friendly units near schools or transit

Availability in this price range can change depending on market conditions, building age, and location, so reviewing active listings regularly can help identify opportunities as they appear.

Popular Areas in This Price Range

Homes under $500,000 may appear in several Kelowna neighbourhoods and nearby communities depending on property type and current market conditions.

Areas where Kelowna homes under $500K may occasionally appear include:

Frequently Asked Questions

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.