138 FLAGSTONE Rise
Naramata, BC V0H1N1
$289,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.5 acres
- Frontage
- 91 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $145/mo
- Annual property tax
- $1,584.19
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic), Unknown
Restrictions & Policies
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- 10398019
- Listed
- August 18, 2026
- Time on market
- On the market for 13 days
- Data last synced
- August 28, 2026
Listing provided by: Chamberlain Property Group Inc. · Data source: CREA DDF.
Description
Set within the established and prestigious Stonebrook Benchlands community, this 0.50 acre lot offers the opportunity to create a custom home surrounded by the beauty and lifestyle that make Naramata so special. Enjoy spectacular views of Okanagan Lake, the valley, surrounding mountains, vineyards and orchards. The flat, easy to build lot offers a generous building site with ample room for a two or three level home, providing an excellent foundation for your vision. Stonebrook Benchlands offers a rare blend of rural elegance and refined living, nestled among the vineyards and orchards of the Naramata Bench, just minutes from Naramata Village and Penticton. Easy access to the Kettle Valley Rail Trail invites you to step outside for morning walks, cycling, hiking, or simply enjoying the natural beauty that surrounds you. With services available at the lot line, the groundwork is in place to bring your dream home to life. Choose your own builder and design a home that takes full advantage of the views, setting, and generous outdoor space. Whether you envision a full time residence or a private Okanagan retreat, this is an exceptional opportunity to build in one of the South Okanagan's most desirable communities. Bonus: GST is already paid, saving you money right from the start. Lot line measurements are approximate and should be verified by buyer if deemed important. (id:63159)
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
| School | Type | Distance |
|---|---|---|
| Naramata Elementary | Elementary | 2.1 km |
| Trout Creek Elementary | Elementary | 4.8 km |
| Unisus Senior School(Independent) | Secondary | 8.1 km |
| Unisus Junior School(Independent) | Elementary | 8.1 km |
| Summerland Secondary | K-12 | 8.3 km |
| Summerland Montessori School(Independent) | Elementary | 8.6 km |
| Uplands Elementary | Elementary | 9.9 km |
| Queens Park Elementary | Elementary | 10.9 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: 5.0% ($14,450) — 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.