Property Type: Detached HouseOwnership: Freehold

2864 Arawana Road

Naramata, BC V0H1N1

$2,995,000

2 bed1 bath1,050 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
9.59 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,499.64

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Vinyl, Mixed Flooring

Exterior & Lot

Exterior features
Stucco, Other, Aluminum
View
Lake view, Mountain view, Valley view, View (panoramic), Unknown

Building

Roof
Metal, Unknown

Parking

Features
RV, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
5pc BathroomMain level
BedroomMain level11'1'' x 12'10''
Primary BedroomMain level11'1'' x 12'10''
Dining roomMain level7'7'' x 8'
KitchenMain level7'7'' x 10'11''
Living roomMain level19'1'' x 19'5''

Listing Information

MLS®
10394424
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Bad Bear Vineyard & Inn combines established short-term rental income, scalable hospitality infrastructure, and an exceptional wine-country setting—all with minimal owner effort. The property generates strong revenue from a fully licensed, 5-star Airbnb guest cottage that’s consistently booked, plus a second residence for owner use or additional short- or long-term rentals. Beyond existing income, a 6,500 sq. ft. purpose-built outbuilding includes five high-end agri-tourism suites approximately 80% complete, offering a clear path to $300,000+ in annual revenues once finished. There’s proven demand for these suites in the area, and they’ll be among the nicest agri-accommodations in the region. Allows for events such as weddings, additional 3,000 sq. ft. within the building is also 80% complete, planned for a Wellness/botanicals business to complement the agritourism as a wellness destination. The property is priced significantly below replacement value and recent appraised value. This is where lifestyle and revenue coexist: live in one of BC’s most desirable wine regions while the property generates income. (id:63159)

Values & Trends

This listing

$2,852/sqft

Building average

No other active listings in this building

Naramata Rural average

$621/sqft

18 active listing(s)

Parking: Not indicatedStorage 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: 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 ElementaryElementary1.9 km
Trout Creek ElementaryElementary4.2 km
Unisus Senior School(Independent)Secondary7.6 km
Unisus Junior School(Independent)Elementary7.6 km
Summerland SecondaryK-128.0 km
Summerland Montessori School(Independent)Elementary8.2 km
Uplands ElementaryElementary9.4 km
Queens Park ElementaryElementary10.3 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)

Similar Listings Nearby

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

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,396,000.00
Periodic payment — Principal & Interest (monthly)$15,458.18
Additional monthly expenses (strata, tax, utilities, etc.)$594.64
Total monthly cost$16,052.82
Interest paid over 5-yr term$686,700.49
Balance at end of term$2,155,209.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,424.40

Cash Needed at Closing

Minimum down payment$599,000
Estimated BC PTT$67,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$668,350

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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