Property Type: Detached HouseOwnership: Freehold

121 Flagstone Rise

Naramata, BC V0H1N1

$2,360,000

5 bed5.5 bath2 parking4,847 sqftBuilt 2012
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.63 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$145/mo
Annual property tax
$10,439.92

Interior

Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Stone, Stucco
View
Lake view, Mountain view
Pool
Pool

Building

Roof
Tar & gravel, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level28'0'' x 19'0''
Living roomMain level18'0'' x 17'0''
Laundry roomMain level15'0'' x 10'0''
KitchenMain level12'0'' x 21'0''
Family roomMain level18'0'' x 21'0''
5pc Ensuite bathSecond level
4pc Ensuite bathSecond level
5pc Ensuite bathMain level
5pc Ensuite bathMain level
Dining nookMain level12'0'' x 4'0''
Dining roomMain level18'0'' x 17'0''
DenMain level9'0'' x 10'0''
BedroomSecond level15'0'' x 18'0''
BedroomSecond level15'0'' x 13'0''
BedroomMain level12'0'' x 14'0''
BedroomMain level16'0'' x 12'0''
2pc BathroomMain level

Listing Information

MLS®
10391155
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Locations West · Data source: CREA DDF.

Description

Luxury Lakeview Estate in Naramata Bench. Experience the best of Okanagan living in this stunning 5-bedroom, 5-bathroom luxury home located in the heart of Naramata, one of the most desirable wine-country communities overlooking Okanagan Lake. Built in 2012, this impressive 4,000 sq ft residence sits on a 27,500 sq ft private lot and offers breathtaking 360-degree panoramic lake, vineyard, and mountain views. Designed for both entertaining and relaxation, the home features spacious open-concept living areas, large picture windows, and seamless indoor-outdoor living. Step outside to your private resort-style backyard featuring: * Spectacular infinity-edge pool * Relaxing hot tub * Expansive outdoor entertaining areas * Stunning sunset views over Okanagan Lake Inside, the home offers five generously sized bedrooms and five bathrooms, making it perfect for families, hosting guests, or operating as a luxury vacation retreat. Located minutes from renowned wineries, beaches, and outdoor recreation, this exceptional property captures the essence of the Okanagan lifestyle. Property Highlights * 5 Bedrooms | 5 Bathrooms * 4,857 Sq Ft Home * Half acre Lot * Built 2012 * Lake & Valley Views * Infinity Pool + Hot Tub * Luxury Okanagan Wine Country Location (id:63159)

Values & Trends

This listing

$487/sqft

Building average

No other active listings in this building

Naramata Rural average

$752/sqft

18 active listing(s)

Parking: 2 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

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 ElementaryElementary4.7 km
Unisus Senior School(Independent)Secondary8.0 km
Unisus Junior School(Independent)Elementary8.0 km
Summerland SecondaryK-128.2 km
Summerland Montessori School(Independent)Elementary8.5 km
Uplands ElementaryElementary9.9 km
Queens Park ElementaryElementary10.8 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: 20.0% ($472,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,888,000.00
Periodic payment — Principal & Interest (monthly)$12,180.74
Additional monthly expenses (strata, tax, utilities, etc.)$1,256.99
Total monthly cost$13,437.73
Interest paid over 5-yr term$541,106.23
Balance at end of term$1,698,262.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$472,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,518.06

Cash Needed at Closing

Minimum down payment$472,000
Estimated BC PTT$48,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$522,300

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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