Property Type: OtherOwnership: Freehold

18555 Matsu Drive

Summerland, BC V0H1Z6

$9,900,000

4 bed4.5 bath26 parking4,576 sqftBuilt 2008
7
Walk Score
5
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Property Details

Property & Lot

Sub-type
Other
Style
Ranch
Stories
2
Lot size
10.36 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$10,065.6

Interior

Basement
Full
Heating
Forced air, Other, Geothermal
Cooling / A/C
Central air conditioning, Geothermal
Fireplace
Yes (2)
Fireplace type
Gas, Unknown
Flooring
Hardwood, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Wood, Stone, Metal
View
Lake view, Mountain view, View (panoramic)
Pool
Pool, Outdoor pool

Building

Roof
Metal, Other, Unknown
Water source
Municipal water
Sewer
Septic tank
Security
Controlled entry
Parcel ID (PID)
012-633-542

Parking

Total spaces
26 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomLower level12'7'' x 13'10''
Mud roomLower level7'2'' x 11'2''
Laundry roomLower level7'1'' x 8'0''
3pc BathroomLower level8'8'' x 12'3''
BedroomLower level12'9'' x 13'11''
BedroomLower level10'8'' x 12'2''
Dining roomMain level14'10'' x 17'11''
KitchenMain level14'10'' x 22'7''
Family roomMain level14'5'' x 10'5''
DenMain level13'5'' x 11'10''
2pc BathroomMain level5'4'' x 6'0''
Primary BedroomMain level12'11'' x 14'10''
OtherMain level9'5'' x 10'1''
Full ensuite bathroomMain level15'7'' x 16'7''
SaunaMain level'0'' x '0''
FoyerMain level6'8'' x 10'11''
Recreation roomLower level14'1'' x 29'0''
OtherLower level7'10'' x 8'3''
Wine CellarLower level7'9'' x 9'4''
BedroomLower level11'7'' x 16'0''
3pc Ensuite bathLower level5'10'' x 9'9''
Living roomMain level25'2'' x 19'0''

Listing Information

MLS®
10379856
Listed
March 18, 2026
Time on market
On the market for 178 days
Data last synced
September 13, 2026

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

Description

Offered for sale is Sage Hills Estate Winery, an established premium boutique winery in Summerland, BC. This offering includes a stunning modern residence, all located on an irreplaceable 10.36 acre parcel overlooking Lake Okanagan. The main home features 4,576 square feet of interior living with four bedrooms plus den, four bathrooms, perched on the mountainside with gorgeous architectural features, including cantilevered living room with 270 degree views. Infinity pool, smart home technology, triple garage, and panoramic views that will surpass all expectations. Over 10 acres of freehold land with vineyards, and long-term leases on neighbouring parcels, as well as a certified organic winery operation with wine-making equipment, tasting room, large venue-friendly patio perfect for weddings or parties, and more. A newly constructed ~80'x40' two storey outbuilding is roughed in for extra accommodations, storage, and expanded operations. The business comes with transferable contracts in place for the next owner. Well-suited for owner-operators wishing to take over operations in full, or an owner wishing to live in a modern home set among the vines with stunning views while the winery runs itself. Management and employees are willing to stay on to assist with a transition, or they can continue to run the operation in full for an absent owner. This is a great opportunity to obtain a premium brand, a stunning residence, and some of the best views that the Okanagan has to offer. (id:63159)

Values & Trends

This listing

$2,163/sqft

Building average

No other active listings in this building

Summerland Rural average

$692/sqft

8 active listing(s)

Parking: 26 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 36%

Wind W 14 km/h

Today

20°

Tonight

10°

Monday

23°

Monday night

11°

Tuesday

20°

Tuesday night

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 SecondaryK-122.4 km
Summerland Montessori School(Independent)Elementary3.1 km
Unisus Senior School(Independent)Secondary4.9 km
Unisus Junior School(Independent)Elementary4.9 km
Naramata ElementaryElementary6.1 km
Trout Creek ElementaryElementary6.5 km
West Bench ElementaryElementary13.8 km
Queens Park ElementaryElementary14.8 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)

Similar Listings Nearby

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,980,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,920,000.00
Periodic payment — Principal & Interest (monthly)$51,097.15
Additional monthly expenses (strata, tax, utilities, etc.)$1,067.80
Total monthly cost$52,164.95
Interest paid over 5-yr term$2,269,894.77
Balance at end of term$7,124,065.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,980,000
Stress test qualifying rate8.09%
Payment you must qualify for$60,902.03

Cash Needed at Closing

Minimum down payment$1,980,000
Estimated BC PTT$413,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,394,500

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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