Property Type: Land / LotOwnership: Freehold

2409 Workman Place

Naramata, BC V0H1N1

$379,600

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.25 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,320.22

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Listing Information

MLS®
10381361
Listed
March 31, 2026
Time on market
On the market for 153 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Penticton Realty · Data source: CREA DDF.

Description

Perched above the charming lakeside community of Naramata, this exceptional lot in the sought-after Kettle Ridge development offers a rare opportunity to build your dream home in one of the Okanagan’s most scenic settings. Enjoy breathtaking panoramic views of Okanagan Lake and the surrounding mountains, with a sloped lot perfectly suited to maximize sightlines from every level of your future home. Whether you envision a modern retreat or a timeless custom design, the established building scheme ensures a cohesive and high-quality luxury home neighborhood aesthetic. Outdoor enthusiasts will love the direct access to the KVR Trail right out front—ideal for biking, walking, and exploring the natural beauty of the region. Just minutes away, you’ll find world-class wineries, craft distilleries, and endless opportunities to experience the best of Naramata’s vibrant lifestyle. This is more than just a lot—it’s a chance to create something truly special in a location that offers both tranquility and adventure. (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

SchoolTypeDistance
Naramata ElementaryElementary3.0 km
Trout Creek ElementaryElementary3.7 km
Unisus Senior School(Independent)Secondary7.5 km
Unisus Junior School(Independent)Elementary7.5 km
Uplands ElementaryElementary7.9 km
Summerland SecondaryK-128.3 km
Summerland Montessori School(Independent)Elementary8.4 km
Queens Park ElementaryElementary8.8 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,680.00
Periodic payment — Principal & Interest (monthly)$1,959.24
Additional monthly expenses (strata, tax, utilities, etc.)$110.02
Total monthly cost$2,069.26
Interest paid over 5-yr term$87,035.56
Balance at end of term$273,161.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,980
Stress test qualifying rate8.09%
Payment you must qualify for$2,773.04

Cash Needed at Closing

Minimum down payment$18,980
Estimated BC PTT$5,592
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,072

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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