Property Type: OtherOwnership: Freehold

1116 Naramata Road

Penticton, BC V2A8T6

$13,500,000

5 bed3.5 bath4 parking2,462 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
Other
Stories
2
Lot size
41.47 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$6,708

Interior

Basement
Full
Heating
Heat Pump, Baseboard heaters, Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Wood, Electric, Conventional, Unknown

Exterior & Lot

Exterior features
Stone, Cedar Siding
View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic), Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — uncovered indicated
Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level12'6'' x 13'6''
Living roomMain level15'3'' x 17'6''
Laundry roomBasement9'6'' x 11'
KitchenMain level10' x 17'9''
FoyerBasement9'7'' x 14'7''
Family roomBasement17'3'' x 17'6''
2pc Ensuite bathMain level
Dining roomMain level10'2'' x 10'5''
BedroomBasement9'6'' x 16'3''
BedroomBasement10'6'' x 10'10''
BedroomMain level9'8'' x 10'
BedroomMain level9'8'' x 12'2''
4pc BathroomBasement
4pc BathroomMain level

Listing Information

MLS®
10367160
Listed
October 31, 2025
Time on market
On the market for 304 days
Data last synced
August 28, 2026

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

Description

Welcome to the Duncan Vineyard Estate, a timeless heritage tracing back to the 1800s. This exclusive offering is one of the last remaining authentic vineyard legacies in the Okanagan Valley. Perched upon 42 pristine acres of fertile land, with 7 acres of award-winning Chardonnay and Merlot vines, plus at least 17 acres remain for planting. Take in the breathtaking views that span across two lakes and face directly westward at sunset. This idyllic winery location offers boundless opportunities, with 34 acres falling outside the agricultural land reserve. Can you envision creating a collection of premier home sites on the coveted Naramata Bench, surrounded by world-class wineries and just a short five-minute drive from the heart of Penticton? This extraordinary property awaits, offering the perfect blend of heritage and modern luxury for a world-class winery, home sites, or perhaps a boutique hotel. For more details, please contact the listing advisors or your real estate professional. All measurements are approximate. Duplicate Listing MLS#10367154 (id:63159)

Values & Trends

This listing

$5,483/sqft

Building average

No other active listings in this building

Uplands/Redlands average

$895/sqft

3 active listing(s)

Parking: 4 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

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

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
Uplands ElementaryElementary3.6 km
Entre-lacsElementary/Middle4.7 km
ConnectEd - Alternative ProgramsSecondary4.7 km
Secondaire de PentictonSecondary4.9 km
Penticton SecondarySecondary4.9 km
Queens Park ElementaryElementary5.0 km
Penticton Christian School(Independent)K-125.2 km
Columbia ElementaryElementary5.2 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.

Nearby Places

Restaurants (1)

  • Hillside Winery Bistro527 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Skaha (SD67)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,700,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$10,800,000.00
Periodic payment — Principal & Interest (monthly)$69,677.94
Additional monthly expenses (strata, tax, utilities, etc.)$682.00
Total monthly cost$70,359.94
Interest paid over 5-yr term$3,095,311.04
Balance at end of term$9,714,634.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,700,000
Stress test qualifying rate8.09%
Payment you must qualify for$83,048.22

Cash Needed at Closing

Minimum down payment$2,700,000
Estimated BC PTT$593,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$3,294,500

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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