1055 Pearson Road
Penticton, BC V2A8T9
$4,850,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 5
- Lot size
- 10.97 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $12,022.65
Interior
- Heating
- Electric
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic), Unknown
- Pool
- Inground pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 8 — covered indicated
- Features
- Attached Garage, Other, RV, Additional Parking
Restrictions & Policies
- Pets
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Fourth level | 9'5'' x 3'3'' |
| Other | Fourth level | 11'10'' x 7'2'' |
| Full bathroom | Secondary Dwelling Unit | 9'5'' x 14'11'' |
| Bedroom | Secondary Dwelling Unit | 13'6'' x 10'11'' |
| Primary Bedroom | Secondary Dwelling Unit | 10'9'' x 16'7'' |
| Full bathroom | Secondary Dwelling Unit | 5'4'' x 5'6'' |
| Bedroom | Secondary Dwelling Unit | 12'9'' x 9'1'' |
| Kitchen | Secondary Dwelling Unit | 11'9'' x 15'10'' |
| Dining room | Secondary Dwelling Unit | 12'11'' x 11'10'' |
| Living room | Secondary Dwelling Unit | 15'4'' x 20'11'' |
| Utility room | Second level | 10'3'' x 10'6'' |
| Mud room | Second level | 7'7'' x 10'4'' |
| Living room | Main level | 13'4'' x 18'4'' |
| Dining room | Main level | 11'5'' x 15'6'' |
| Kitchen | Main level | 19'11'' x 12'11'' |
| 3pc Bathroom | Main level | 8'5'' x 6'10'' |
| Family room | Main level | 17'1'' x 15'7'' |
| Primary Bedroom | Main level | 17'2'' x 14'3'' |
| Other | Main level | 6'10'' x 10'3'' |
| Other | Main level | 5'9'' x 10'4'' |
| 4pc Ensuite bath | Main level | 9'11'' x 10'3'' |
| Bedroom | Main level | 11'6'' x 10'3'' |
| Bedroom | Main level | 11'4'' x 8'3'' |
| Bedroom | Main level | 12'7'' x 12'0'' |
| 5pc Bathroom | Main level | 7'4'' x 9'8'' |
| Mud room | Main level | 15'7'' x 12'1'' |
| Loft | Main level | 10'1'' x 22'10'' |
| Living room | Second level | 20'7'' x 34'0'' |
| Office | Second level | 18'6'' x 11'5'' |
| 4pc Bathroom | Second level | 7'1'' x 9'1'' |
| Recreation room | Second level | 19'2'' x 16'6'' |
| Gym | Second level | 24'3'' x 16'5'' |
| Bedroom | Second level | 16'7'' x 10'4'' |
| 4pc Bathroom | Second level | 7'0'' x 8'1'' |
| Foyer | Main level | 10'10'' x 11'10'' |
Listing Information
- MLS®
- 10390881
- Listed
- June 16, 2026
- Time on market
- On the market for 76 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
This exceptional 10.97 acre property offers a completely unique opportunity to obtain an incredible newly renovated home, set among a producing vineyard and beautiful views of Lake Okanagan, with the huge bonus of a secondary home, perfect for additional revenue or generational families. The main home has undergone a stunning renovation, keeping the character of the original home with gorgeous modern finishing. Upon entry you’ll love the vaulted ceilings of the great room with dedicated wine bar, surrounded by expansive windows and exposed beams. The kitchen offers tons of room for entertaining, opening to the dining room with access to the wraparound patio. You will also find a cozy family room for movie nights, and a cool loft space perfect for the kids. There are four bedrooms on this level, including the primary wing with dual closets. There are three other bedrooms on the main level plus two more full bathrooms. Downstairs is a family room with wet bar, two additional bedrooms, bathroom, gym, and more. Completely renovated from top to bottom including plumbing & electrical. Outside you have a sprawling lake view pool deck serviced by a full pool bathroom. The second home features 1,700 square feet with three bedrooms and two bathrooms, with its own incredible pool, outdoor pool bathroom and laundry area, and private driveway access for total isolation. The vineyard is planted with 4.5 acres of Chardonnay & Pinot Noir, professionally managed, in addition to apple, pear, plumb, apricot, and cherry trees. Farm status for lower taxes. (id:63159)
Values & Trends
This listing
$691/sqft
Building average
—
No other active listings in this building
Penticton Rural average
$883/sqft
10 active listing(s)
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
17°C
Mainly Clear
Humidity 67%
Wind NE 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Trout Creek Elementary | Elementary | 4.2 km |
| Naramata Elementary | Elementary | 4.9 km |
| Uplands Elementary | Elementary | 5.9 km |
| Queens Park Elementary | Elementary | 7.0 km |
| ConnectEd - Alternative Programs | Secondary | 7.0 km |
| Secondaire de Penticton | Secondary | 7.1 km |
| Penticton Secondary | Secondary | 7.1 km |
| Entre-lacs | Elementary/Middle | 7.2 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.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($970,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.