Property Type: Land / LotOwnership: Freehold

111 GRANITE Court Lot# 34

Naramata, BC V0H1N1

$429,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.71 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$145/mo
Annual property tax
$1,600

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10383259
Listed
April 19, 2026
Time on market
On the market for 135 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Okanagan · Data source: CREA DDF.

Description

Prime Naramata Bench lakeview lot. Large estate sized 3/4 acre private lot with beautiful views of Okanagan Lake, Valley, and surrounding mountains. Build your modern dream home. Good building site with house plans and septic plans in place. Neighborhood architectural guidelines give freedom to custom-build the new estate home of your dreams within the beautiful community of rural Naramata, just minutes to the City of Penticton. Located in Stonebrook Benchlands, a custom home subdivision that is just minutes from award-winning wineries, trails, biking/hiking, and of course, the lake. Less than 10 mins to the charming village of Naramata with its school, beaches, parks, historic hotel/restaurant, and shops. Services at the lot line. Seller will include building drawings for a modern home or customize your Naramata dream home today. (id:63159)

Location Insights

Weather

Nearest station: Summerland

17°C

Humidity 56%

Wind SW 4 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Naramata ElementaryElementary2.0 km
Trout Creek ElementaryElementary4.6 km
Unisus Senior School(Independent)Secondary7.9 km
Unisus Junior School(Independent)Elementary7.9 km
Summerland SecondaryK-128.2 km
Summerland Montessori School(Independent)Elementary8.4 km
Uplands ElementaryElementary9.8 km
Queens Park ElementaryElementary10.7 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,920.00
Periodic payment — Principal & Interest (monthly)$2,218.86
Additional monthly expenses (strata, tax, utilities, etc.)$278.33
Total monthly cost$2,497.19
Interest paid over 5-yr term$98,568.46
Balance at end of term$309,357.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,140.49

Cash Needed at Closing

Minimum down payment$21,495
Estimated BC PTT$6,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,593

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.

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