Property Type: Land / LotOwnership: Freehold

2875 OUTLOOK Way

Naramata, BC V0H1N1

$335,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.25 acres
Frontage
82 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$61/mo
Annual property tax
$1,482.7

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10375315
Listed
February 9, 2026
Time on market
On the market for 203 days
Data last synced
August 28, 2026

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

Description

The Outlook Naramata Benchlands offers an incredible opportunity to build your dream home with stunning panoramic views of Okanagan Lake & the valley. This building lot is specifically positioned for a walk-out rancher, allowing you to take full advantage of the picturesque surroundings. Choose your own builder, but if you need some inspiration, there are concept drawings available for a well-thought-out 2,700 sq.ft. Bungalow plan. This plan maximizes the breathtaking views from the terrace and patio, providing you with an amazing space to enjoy the beauty of the area. All essential services are conveniently located at the lot line. Additionally, there is a community septic system to connect to, ensuring proper waste management. The location of this building lot is exceptional, as it is adjacent to the KVR Trail, offering easy access to hiking and biking trails, perfect for outdoor enthusiasts. Moreover, the area boasts world-class wineries, allowing you to indulge in the region's renowned wine culture. Naramata Village is just below the Benchlands, offering various amenities such as stunning beaches, large parks, an elementary school, summer markets, and much more. BONUS GST has already been paid on this land, potentially saving you thousands of dollars in additional costs. Create your dream home in a breathtaking location with access to numerous amenities & outdoor activities. Lot line measurements are approximate and should be verified by buyer if deemed important. (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 ElementaryElementary2.2 km
Trout Creek ElementaryElementary4.2 km
Unisus Senior School(Independent)Secondary7.7 km
Unisus Junior School(Independent)Elementary7.7 km
Summerland SecondaryK-128.2 km
Summerland Montessori School(Independent)Elementary8.4 km
Uplands ElementaryElementary9.1 km
Queens Park ElementaryElementary10.0 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% ($16,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$268,000.00
Periodic payment — Principal & Interest (monthly)$1,729.05
Additional monthly expenses (strata, tax, utilities, etc.)$184.98
Total monthly cost$1,914.02
Interest paid over 5-yr term$76,809.57
Balance at end of term$241,066.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,447.23

Cash Needed at Closing

Minimum down payment$16,750
Estimated BC PTT$4,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,950

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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