Property Type: OtherOwnership: Freehold

2885 Valleyview Road

Penticton, BC V2A8V7

$1,849,000

7 bed5 full, 2 half bath2 parking3,886 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
Other
Stories
3
Lot size
6.34 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$14,403.3

Interior

Heating
Baseboard heaters, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Family roomBasement9'5'' x 20'4''
KitchenBasement7'9'' x 8'
2pc BathroomBasement7'7'' x 5'4''
Utility roomBasement5'11'' x 3'9''
BedroomBasement10'7'' x 9'6''
DenBasement11'2'' x 11'1''
5pc Ensuite bathSecond level13'10'' x 7'7''
Primary BedroomSecond level17'4'' x 11'6''
BedroomSecond level15'4'' x 11'6''
BedroomSecond level13'1'' x 13'7''
4pc BathroomSecond level7'5'' x 9'11''
BedroomSecond level9'10'' x 11'5''
BedroomSecond level15'4'' x 11'6''
KitchenMain level12' x 12'8''
Dining roomMain level9'9'' x 12'8''
Laundry roomMain level11'2'' x 11'6''
FoyerMain level7' x 6'11''
2pc BathroomMain level4'5'' x 6'6''
4pc BathroomMain level7'11'' x 9'10''
BedroomMain level12'11'' x 11'4''
Family roomMain level11'7'' x 18'1''
Living roomMain level11'6'' x 20'7''

Listing Information

MLS®
10394331
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

COURT ORDERED SALE. An exceptional investment opportunity unlike any other. Situated on 6.34 acres of prime agricultural land within Penticton city limits, this income-producing estate offers the perfect balance of lifestyle, agriculture, and long-term investment potential. With the potential to generate approximately $10,000 per month, this is a rare opportunity to own a legacy property in one of the Okanagan's most desirable locations. Framed by sweeping views of Skaha Lake and the Penticton Airport, the property features 4+ acres of mature Centennial, Christina, Staccato, and Skeena cherry orchards, creating an established agricultural operation with room to grow. Additional prepared planting areas offer opportunities to expand production, diversify crops, or create your own hobby farm or vineyard. The main residence offers incredible scale and the opportunity to transform it into a stunning country estate. A second residence and additional rental suites further enhance the property's income potential, while the annually leased orchard provides consistent returns. Whether you're building your investment portfolio, expanding an agricultural operation, or searching for a one-of-a-kind Okanagan estate with multiple income streams, this property offers exceptional versatility and lasting value. Opportunities like this are exceptionally rare! Experience the possibilities. Contact the listing agent today to arrange your private tour. (id:63159)

Values & Trends

This listing

$476/sqft

Building average

No other active listings in this building

Main South average

$213/sqft

13 active listing(s)

Parking: 2 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

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

36,885

(2021 Census)

+9.3% since 2016

Density: 857.2/km²

Dwellings: 18,457

Median household income: $68,000

After-tax: $61,600

Immigrant population: 13.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 960
  • India1.5% · 535
  • United States of America1.1% · 415
  • Germany1.1% · 390
  • Philippines1% · 375
  • Portugal0.5% · 200
  • Netherlands0.5% · 175
  • Korea, South0.3% · 110

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Wiltse ElementaryElementary667 m
Princess Margaret SecondarySecondary895 m
Holy Cross School(Independent)Elementary/Middle2.4 km
Columbia ElementaryElementary2.5 km
Penticton Christian School(Independent)K-122.8 km
Entre-lacsElementary/Middle2.8 km
Penticton SecondarySecondary3.1 km
Secondaire de PentictonSecondary3.1 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.

Nearby Places

Parks (1)

  • Unnamed660 m

Nearby places data: © OpenStreetMap contributors.

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% ($369,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,479,200.00
Periodic payment — Principal & Interest (monthly)$9,543.30
Additional monthly expenses (strata, tax, utilities, etc.)$1,394.27
Total monthly cost$10,937.57
Interest paid over 5-yr term$423,942.97
Balance at end of term$1,330,545.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$369,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,374.53

Cash Needed at Closing

Minimum down payment$369,800
Estimated BC PTT$34,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$406,280

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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