Welcome to a fantastic home in Lakeview Heights, just steps from Kalamoir Regional Park. Enjoy nearby hiking and biking trails, the Wine Trail, local shops, and quick access to downtown Kelowna. Upstairs, you’ll find 3 bedrooms and 1 bath, while downstairs offers an extra bedroom and a workshop space. A fully private 1 bedroom legal suite with 1 bath and stacking laundry provides excellent income potential. Approved for short term rentals, the suite had a strong season in 2024 and 2025 and is already fully booked until the end of August, bringing in $137 to $176 per night. The home features 2 wood burning fireplaces and a kitchen that opens onto a large covered patio and lower deck. The fully fenced backyard includes an outdoor fire pit and raised garden beds, perfect for relaxing or entertaining. There is ample parking for RVs and toys, with driveway water and power ready to go. The home also has 200 amp service for all your needs. Recent updates include roof in 2013, windows in 2006, fencing in 2021, and heat pump in 2021. The .36-acre lot can be accessed from both Collins Hill Road and Weatherhill Road. Quiet, scenic, and full of features, this home is a rare opportunity in Lakeview Heights.