15902 Prairie Valley Road
Summerland, BC V0H1Z0
$1,250,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 5 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,467.99
Interior
- Basement
- Partial, Crawl space
- Heating
- See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Wood, Conventional
Exterior & Lot
- Exterior features
- Other
Building
- Roof
- Asphalt shingle, Unknown
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Secondary Dwelling Unit | 21'4'' x 28'6'' |
| Bedroom | Second level | 9'2'' x 10'10'' |
| Bedroom | Second level | 12'7'' x 13'10'' |
| Bedroom | Main level | 10'9'' x 12' |
| Bedroom | Main level | 10'9'' x 12'10'' |
| 3pc Bathroom | Main level | 4'11'' x 11'10'' |
| Kitchen | Main level | 12' x 13'6'' |
| Living room | Main level | 13' x 15'6'' |
| Dining room | Main level | 7'8'' x 19'3'' |
| Foyer | Main level | 5' x 9'9'' |
| Primary Bedroom | Main level | 9'4'' x 15'10'' |
| Laundry room | Main level | 7'1'' x 7'10'' |
| 4pc Bathroom | Main level | 7'10'' x 8' |
| Kitchen | Main level | 11'4'' x 17'5'' |
| Living room | Main level | 15'3'' x 15'2'' |
Listing Information
- MLS®
- 10380482
- Listed
- March 24, 2026
- Time on market
- On the market for 160 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Orchard Country · Data source: CREA DDF.
Description
Lots of options on this 5-acre property offers views of Prairie Valley and has trails nearby. The farmhouse features 5 bedrooms and two kitchens. The original farmhouse includes a covered front porch. The main level comprises a living room, kitchen, full bathroom, laundry room, and bedroom. Upstairs has 2 additional bedrooms, while the basement provides storage space and additional crawlspace. Back on the main level through the double arched custom wood doors, there are 2 more bedrooms, a bathroom, a living room with a stone wood-burning fireplace, the additional kitchen, French doors to the deck, and access to the side covered patio. The property is equipped for horses with multiple paddocks, a riding ring, an agility area, and several stables with power and water. The ""Red Barn Ranch"" can generate income through horse boarding or keep all your horses and farm animals and includes a building known as ""The Boot"" which can host events and parties. Also the additional living space could be income generating VRBO for ""country accommodations"" minutes from downtown. The property is within the town limits and provides access to Crown land and riding areas. It is located near Rodeo Grounds, Trans Canada Trail, and within riding distance to wineries and cideries. Contact today for a viewing. All measurements are taken from iGuide. (id:63159)
Values & Trends
This listing
$559/sqft
Building average
—
No other active listings in this building
Summerland Rural average
$766/sqft
27 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Summerland Montessori School(Independent) | Elementary | 2.6 km |
| Summerland Secondary | K-12 | 3.0 km |
| Unisus Senior School(Independent) | Secondary | 3.5 km |
| Unisus Junior School(Independent) | Elementary | 3.5 km |
| Trout Creek Elementary | Elementary | 7.3 km |
| Naramata Elementary | Elementary | 9.1 km |
| West Bench Elementary | Elementary | 12.2 km |
| Queens Park Elementary | Elementary | 13.8 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.0% ($100,000) — 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.