Property Type: OtherOwnership: Freehold

1580 Chapman Road

Okanagan Falls, BC V0H1R1

$2,100,000

5 bed3.5 bath12 parking3,534 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
Other
Stories
2
Lot size
38.33 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$3,368.67

Interior

Heating
Forced air, Electric
Cooling / A/C
See Remarks
Fireplace
Yes (2)
Fireplace type
Wood, Conventional
Flooring
Carpeted, Ceramic Tile, Linoleum, Wood

Exterior & Lot

Exterior features
Wood, Brick
View
Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
12 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
BedroomMain level10'5'' x 14'7''
StorageMain level4'10'' x 5'11''
StorageMain level6'1'' x 6'11''
StorageMain level12' x 13'3''
3pc BathroomMain level5'3'' x 8'10''
BedroomMain level11'5'' x 12'4''
BedroomMain level12'2'' x 18'5''
Recreation roomMain level14'7'' x 20'7''
BedroomSecond level7'8'' x 11'11''
4pc Ensuite bathSecond level10' x 12'3''
2pc BathroomSecond level4'6'' x 5'
Mud roomSecond level6'5'' x 11'9''
Laundry roomSecond level7'1'' x 7'7''
Primary BedroomSecond level13'5'' x 14'3''
OfficeSecond level8'5'' x 9'11''
Living roomSecond level18'10'' x 19'3''
Dining nookSecond level9'11'' x 19'7''
Dining roomSecond level12'1'' x 16'6''
KitchenSecond level15'10'' x 17'2''

Listing Information

MLS®
10394788
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

COURT-ORDERED SALE, PROPERTY SOLD AS-IS, WHERE-IS. A rare opportunity to acquire a substantial 38 acre vineyard estate in the heart of the South Okanagan. Set within a favourable microclimate, 26.5 acres were planted in 2018 with premium varietals, including 18.89 acres of Pinot Noir and 7.65 acres of Pinot Gris. The scale and composition of plantings offer meaningful production potential, well suited to support an existing winery or to establish a new label focused on estate-grown fruit. The 3,500 square foot residence is privately positioned on an elevated bench overlooking orderly rows of vines and expansive valley skies. Designed as a rancher with walk-out basement, the home allows for extended family living, guest accommodation, or staff housing. The main level features an open-concept great room, spacious kitchen with granite counters, vaulted ceilings in the living area, and a primary bedroom suite. The property is located in Okanagan Falls, a growing and increasingly recognized wine region known for its excellent quality wines. All offers are subject to approval by the Supreme Court of British Columbia. Bring your best offer for this great vineyard. (id:63159)

Values & Trends

This listing

$594/sqft

Building average

No other active listings in this building

Kaleden/Okanagan Falls Rural average

$579/sqft

2 active listing(s)

Parking: 12 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: Penticton

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 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
Okanagan Falls ElementaryElementary2.9 km
Kaleden ElementaryElementary7.1 km
Princess Margaret SecondarySecondary14.3 km
Wiltse ElementaryElementary15.0 km
Columbia ElementaryElementary16.6 km
Holy Cross School(Independent)Elementary/Middle16.8 km
Penticton Christian School(Independent)K-1217.3 km
Entre-lacsElementary/Middle17.3 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-Similkameen (SD53)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$457.72
Total monthly cost$11,296.51
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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