Property Type: Land / LotOwnership: Freehold

2975 Outlook Way

Naramata, BC V0H1N1

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.28 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$53/mo
Annual property tax
$1,509.96

Interior

Fireplace
None

Exterior & Lot

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

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10382052
Listed
April 3, 2026
Time on market
On the market for 151 days
Data last synced
August 28, 2026

Listing provided by: Front Street Realty · Data source: CREA DDF.

Description

Build your dream home here in Outlook and enjoy stunning 180-degree panoramic views. Outlook Naramata Benchlands is one of Naramata's newest neighbourhoods with 42 stunning lakeview lots featuring Okanagan Contemporary Architecture. No time-restrictions to build, & choose your own building contractor and there is a community sewer system to connect to. This unique lot is flanked with green space to the north, providing more privacy and endless views of the lake, vineyards and mountains. The flat lot is fully-serviced with electric, community sewer, municipal water, gas, cable/phone in a quiet, rural neighbourhood. The lot lends itself to a rancher home with walk-out basement. This parcel offers endless possibilities to embrace the picturesque surrounding & the quiet natural beauty of the Okanagan valley with panoramic views of Okanagan Lake, surrounding mountains, vineyards and orchards. Located across the road from the KVR, there are walking, biking, x-country trails, plus endless wineries, breweries & more to explore from a beautiful new neighbourhood to live in. The Village of Naramata lies just below with its beautiful beaches, parks, elementary school, coffee shop, pizza place, a neighbourhood pub, fine dining, summer markets, and so much more . It's a great place to live and work. (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 ElementaryElementary9.2 km
Queens Park ElementaryElementary10.1 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.

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.)$178.83
Total monthly cost$1,722.07
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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