Property Type: Land / LotOwnership: Freehold

2960 OUTLOOK Way

Naramata, BC V0H1N1

$239,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$61/mo
Annual property tax
$1,414.11

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
10394235
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

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

Description

Build your dream home here in Outlook and enjoy stunning 180-degree lake and valley views every day! This .35 acre building lot is ready for your vision, but you just have to walk up the street or look next door for some amazing ideas of homes that have already been built. Services are at the lot line, Strata fee is $737.00 per year, and there is a community septic to connect too. The building scheme allows for lots of design options and the existing homes all lend themselves to a modern of west coast style with great ideas and variations! The location here allows you easy access to recreation of every kind, the KVR trail is just below, the land behind is crown land, there are walking and biking trails in every direction, plus endless wineries, breweries & more to explore from a beautiful new neighbourhood to live in. A huge bonus of this lot is the peaceful treed area at the back and top which not only has amazing views but is untouched and feels like your own private tranquil slice of the forest backing onto Crown Land with trails and endless outdoor entertainment. The Village of Naramata just below is a real gem with everything from its stunning beaches, large parks, an elementary school, coffee shop, pizza place, a neighbourhood pub, fine dining, summer markets, and oh so much more, it's a great place to live and work. Now is the time to get your lot and build your dream! This is Bareland Strata. (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 ElementaryElementary4.3 km
Unisus Senior School(Independent)Secondary7.8 km
Unisus Junior School(Independent)Elementary7.8 km
Summerland SecondaryK-128.2 km
Summerland Montessori School(Independent)Elementary8.4 km
Uplands ElementaryElementary9.2 km
Queens Park ElementaryElementary10.2 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% ($11,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$191,200.00
Periodic payment — Principal & Interest (monthly)$1,233.56
Additional monthly expenses (strata, tax, utilities, etc.)$179.26
Total monthly cost$1,412.82
Interest paid over 5-yr term$54,798.47
Balance at end of term$171,985.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,745.94

Cash Needed at Closing

Minimum down payment$11,950
Estimated BC PTT$2,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,230

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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