Property Type: Land / LotOwnership: Freehold

2557 Kettle Ridge Way

Naramata, BC V0H1N1

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,350

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10375665
Listed
February 12, 2026
Time on market
On the market for 200 days
Data last synced
August 28, 2026

Listing provided by: Chamberlain Property Group · Data source: CREA DDF.

Description

Build your dream home in Kettle Ridge, right in the heart of the Naramata Bench. This west-facing lot offers incredible lake views and stunning sunsets. Fully serviced and ready to go, it comes with building schemes in place to protect your investment. With direct access to the Kettle Valley Trail, outdoor adventure is right at your doorstep. Just a short drive to Penticton, you’re close to wineries, restaurants, and everything you need. GST is included in the price, and all measurements are approximate. Don’t miss this incredible opportunity to own a piece of the sought-after Naramata Bench! (id:63159)

Location Insights

Weather

Nearest station: Summerland

16°C

Humidity 59%

Wind W 8 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 ElementaryElementary2.7 km
Trout Creek ElementaryElementary3.9 km
Unisus Junior School(Independent)Elementary7.6 km
Unisus Senior School(Independent)Secondary7.6 km
Summerland SecondaryK-128.3 km
Uplands ElementaryElementary8.4 km
Summerland Montessori School(Independent)Elementary8.4 km
Queens Park ElementaryElementary9.3 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-Skaha (SD67)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$112.50
Total monthly cost$1,655.74
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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