Property Type: Detached HouseOwnership: Freehold

13316 Prairie Valley Road

Summerland, BC V0H1Z8

$3,245,000

4 bed2 bath1 parking2,042 sqftBuilt 1970
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
4.4 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,965.27

Interior

Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Heat Pump
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

View
Mountain view, Valley view, Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement
OtherBasement9'9'' x 6'8''
Laundry roomBasement10' x 5'9''
OtherBasement9'3'' x 15'9''
BedroomBasement13' x 8'11''
BedroomBasement12' x 10'11''
Family roomBasement14'4'' x 21'
5pc BathroomMain level
BedroomMain level8'11'' x 13'7''
Primary BedroomMain level11'5'' x 13'
Living roomMain level13' x 21'
Dining roomMain level9' x 12'
KitchenMain level11' x 12'

Listing Information

MLS®
10391258
Listed
June 12, 2026
Time on market
On the market for 80 days
Data last synced
August 28, 2026

Listing provided by: Parker Real Estate · Data source: CREA DDF.

Description

Developer Alert! Beautiful 4.4 acre property offering sweeping views of Prairie Valley, with its idyllic orchards, vineyards, and mountains. Full urban services available at the lot line including water, sewer, electrical and storm sewer. There is potential to tie in the neighbouring properties for a larger phased development of homes - see the listing agent for more details. (id:63159)

Values & Trends

This listing

$1,589/sqft

Building average

No other active listings in this building

Summerland Rural average

$728/sqft

27 active listing(s)

Parking: 1 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

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.

Population

12,042

(2021 Census)

+3.7% since 2016

Density: 162.6/km²

Dwellings: 5,426

Median household income: $82,000

After-tax: $74,000

Immigrant population: 12.2%

Top countries of origin (% of total population)

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Summerland Montessori School(Independent)Elementary1.4 km
Summerland SecondaryK-121.9 km
Unisus Senior School(Independent)Secondary2.5 km
Unisus Junior School(Independent)Elementary2.5 km
Trout Creek ElementaryElementary6.2 km
Naramata ElementaryElementary7.9 km
West Bench ElementaryElementary11.5 km
Queens Park ElementaryElementary13.1 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% ($649,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,596,000.00
Periodic payment — Principal & Interest (monthly)$16,748.51
Additional monthly expenses (strata, tax, utilities, etc.)$515.77
Total monthly cost$17,264.28
Interest paid over 5-yr term$744,021.06
Balance at end of term$2,335,110.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$649,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,962.33

Cash Needed at Closing

Minimum down payment$649,000
Estimated BC PTT$80,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$730,750

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.

Request more information