In 1992, B.C. Parks was concerned about development of a privately-owned, 250-acre waterfront lot within Okanagan Mountain Provincial Park, across the lake from Peachland, because of the habitat disturbance that would result from its development. Acquisition of Lot 502 was also strongly supported by the Regional District, and eventually a property transfer was arranged that included Crown-owned property along Highway 97 known as Goat’s Peak.
To verify the community’s commitment, COLT provided $25,000 in 2000 toward the costs to acquire the property. In a complicated arrangement between the province and the landowner, three small Crown-owned parcels of land in the region (including Goat’s Peak in West Kelowna), along with funds from Forest Renewal B.C., the Okanagan Similkameen Parks Society and COLT, plus a gift of $69,000 by the owners deducted from the appraised value, were used to purchase Lot 502.
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