1201 Spiller Road
Penticton, BC V0H1N0
$3,999,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 72 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $11,997
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)
Listing Information
- MLS®
- 10386283
- Listed
- May 8, 2026
- Time on market
- On the market for 115 days
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
An exceptional opportunity to acquire 72 acres within the City of Penticton and outside the ALR, offering panoramic views over the Naramata Bench, Okanagan Lake, and a direct sightline to Apex Mountain. The property includes preliminary designs for 11 one-hectare lots prepared with Alpin Martin, with the flexibility for buyers to explore alternative concepts or increased density, subject to City approval. Lots are well suited for 2–3 storey homes, with potential for carriage homes and additional accessory buildings for hobbies or storage. Approximately 20 acres of south-facing land are suitable for vineyard use, the north boundary borders the City’s Three Blind Mice Park, and the property features a creek, mature trees, multiple private building sites, and a drilled well. Outstanding potential for estate living or future development. Buyers to complete their own due diligence with the City. Adjoining property also available. (id:63159)
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 |
|---|---|---|
| Uplands Elementary | Elementary | 4.3 km |
| Entre-lacs | Elementary/Middle | 5.3 km |
| ConnectEd - Alternative Programs | Secondary | 5.5 km |
| Secondaire de Penticton | Secondary | 5.7 km |
| Penticton Secondary | Secondary | 5.7 km |
| Columbia Elementary | Elementary | 5.7 km |
| Queens Park Elementary | Elementary | 5.9 km |
| Penticton Christian School(Independent) | K-12 | 6.0 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% ($799,800) — 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.