Property Type: Detached HouseOwnership: Freehold

1275 Munson Avenue

Penticton, BC V2A8T1

$2,450,000

2 bed1 bath1,842 sqftBuilt 1940
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
10.47 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,293

Interior

Heating
Forced air, See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic), Unknown

Parking

Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
StorageBasement20'1'' x 8'5''
StorageBasement20'9'' x 15'8''
FoyerMain level6'4'' x 9'8''
Dining roomMain level14'1'' x 15'3''
BedroomMain level12'7'' x 10'9''
4pc BathroomMain level10'7'' x 6'2''
Primary BedroomMain level10'6'' x 19'9''
Living roomMain level20' x 15'3''
KitchenMain level14'11'' x 9'6''

Listing Information

MLS®
10382270
Listed
April 8, 2026
Time on market
On the market for 145 days
Data last synced
August 28, 2026

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

Description

Welcome to 1275 Munson Avenue - a truly rare offering in one of the most sought-after locations in Penticton. Nestled in the heart of the Upper Bench, this stunning agriculturally zoned 10+ acre property lies in the middle of the most rapidly growing and producing wine region in the country. Located beside the Penticton landmark of Munson Mountain and situated directly along the renowned Naramata Bench Wine Trail, this exceptional parcel boasts a 3-acre producing vineyard, planted with 1.5 acres of Chardonnay, 0.75 acres of Merlot, and 0.75 acres of Cabernet Franc. With 7 additional acres of usable land, the potential here is limitless - whether you're envisioning your own boutique winery, expanding the vineyard, or creating a breathtaking estate home. The property’s elevated position offers spectacular, unobstructed views across Okanagan Lake and the rolling hills of the South Okanagan, providing an unparalleled backdrop for you to bring your dreams to life. At the heart of the property sits the original 1940s farmhouse, brimming charm and character. Featuring two bedrooms, one bathroom, a spacious kitchen, and open living areas, plus an unfinished basement ideal for storage, equipment, or future development into a third bedroom or office, this home is perfect for a small family, guest residence, or rental income. Just minutes from downtown Penticton, yet surrounded by orchards and vineyards, 1275 Munson Avenue offers a perfect blend of rural tranquility and urban convenience. Whether you're an aspiring winemaker, a visionary builder, or simply looking to own a piece of Okanagan paradise, don’t miss this rare opportunity! (id:63159)

Values & Trends

This listing

$1,330/sqft

Building average

No other active listings in this building

Main North average

$474/sqft

56 active listing(s)

Parking: Not indicatedStorage 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

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

SchoolTypeDistance
Uplands ElementaryElementary1.5 km
Entre-lacsElementary/Middle2.5 km
ConnectEd - Alternative ProgramsSecondary2.7 km
Secondaire de PentictonSecondary2.8 km
Penticton SecondarySecondary2.8 km
Penticton Christian School(Independent)K-123.1 km
Columbia ElementaryElementary3.2 km
Queens Park ElementaryElementary3.3 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% ($490,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,960,000.00
Periodic payment — Principal & Interest (monthly)$12,645.25
Additional monthly expenses (strata, tax, utilities, etc.)$449.75
Total monthly cost$13,095.00
Interest paid over 5-yr term$561,741.63
Balance at end of term$1,763,026.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$490,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,071.71

Cash Needed at Closing

Minimum down payment$490,000
Estimated BC PTT$51,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$543,000

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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