Property Type: Detached HouseOwnership: Freehold

102 Spruce Place

Penticton, BC V2A8V9

$1,595,000

7 bed9.5 bath7 parking4,538 sqftBuilt 1981
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
4
Lot size
1 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,779

Interior

Heating
Heat Pump, Forced air, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
None

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, Unknown

Parking

Total spaces
7 — covered indicated
Features
Attached Garage, Other, Additional Parking

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathBasement
BedroomBasement15'1'' x 28'7''
Laundry roomLower level14'3'' x 10'7''
3pc BathroomLower level
BedroomLower level9'1'' x 18'1''
KitchenSecond level7'6'' x 9'2''
4pc BathroomSecond level
BedroomSecond level12'3'' x 9'1''
KitchenSecond level7'5'' x 9'3''
4pc BathroomSecond level
BedroomSecond level12'3'' x 9'2''
3pc BathroomSecond level
4pc Ensuite bathSecond level
BedroomSecond level11'9'' x 13'
3pc Ensuite bathSecond level
Primary BedroomSecond level17' x 18'
4pc BathroomLower level
BedroomLower level15'5'' x 19'2''
KitchenLower level10'1'' x 8'10''
StorageMain level5'9'' x 3'9''
2pc BathroomMain level
OtherMain level19'8'' x 31'7''
KitchenMain level15'2'' x 10'9''
Dining roomMain level15'8'' x 9'6''
Living roomMain level15'2'' x 18'8''

Listing Information

MLS®
10379048
Listed
April 14, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

CLICK TO VIEW VIDEO: Above the Beach Guest Suites. 7 Bed/9 Bath. An opportunity to own a fully operating, turnkey Bed & Breakfast overlooking beautiful Skaha Lake. This established hospitality property blends lifestyle and investment in one of the South Okanagan’s most desirable settings.The property features 7 private guest suites, each with its own ensuite. With a proven reputation and established online presence, this property offers immediate income potential with room to expand your vision.The owner’s residence is equally impressive, featuring vaulted ceilings, hardwood flooring, and a chef-inspired kitchen designed for both comfort and entertaining. Multiple patios capture panoramic views stretching from Skaha Beach to the city lights, creating unforgettable moments for guests and owners alike.A thoughtfully designed carriage home expands the accommodation options, offering 2 suites above and 1 below a spacious studio ideal for retreats, workshops or creative pursuits. Set on 1 acre of landscaped grounds, the property provides space to garden, relax and enjoy the peaceful surroundings. Stroll to nearby beaches, wineries, and hiking trails, making this location a natural draw for travelers exploring the Okanagan lifestyle.Whether you envision continuing its success as a boutique accommodation or creating a shared ownership family retreat North of the boarder; Above the Beach Guest Suites offers a unique chance to live, host, and invest in the heart of Penticton. (id:63159)

Values & Trends

This listing

$351/sqft

Building average

No other active listings in this building

Wiltse/Valleyview average

$388/sqft

22 active listing(s)

Parking: 7 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Partly Cloudy

12°C

Partly Cloudy

Humidity 80%

Wind N 12 km/h

Today

28°

Tonight

12°

Wednesday

21°

Wednesday night

13°

Thursday

21°

Thursday night

Source: Environment and Climate Change Canada.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Princess Margaret SecondarySecondary1.2 km
Wiltse ElementaryElementary2.2 km
Holy Cross School(Independent)Elementary/Middle3.7 km
Columbia ElementaryElementary4.0 km
Penticton Christian School(Independent)K-124.2 km
Entre-lacsElementary/Middle4.4 km
Penticton SecondarySecondary4.5 km
Secondaire de PentictonSecondary4.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (2)

  • Skaha Lake Park353 m
  • Unnamed795 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,276,000.00
Periodic payment — Principal & Interest (monthly)$8,232.32
Additional monthly expenses (strata, tax, utilities, etc.)$875.25
Total monthly cost$9,107.57
Interest paid over 5-yr term$365,705.27
Balance at end of term$1,147,766.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,811.99

Cash Needed at Closing

Minimum down payment$319,000
Estimated BC PTT$29,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$350,400

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information