4500 Landry Crescent
Summerland, BC V0H1Z9
$5,500,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 37.63 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $9,920.25
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, View of water
Listing Information
- MLS®
- 10395806
- Listed
- July 24, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
FOR SALE BY COURT ORDER, SOLD AS-IS, WHERE-IS. A rare opportunity to acquire 37.63 acres of level agricultural land in Summerland's desirable Trout Creek neighbourhood. Located within the Agricultural Land Reserve, the property is predominantly planted with a productive cherry orchard featuring Staccato and Sentennial varieties. A small heritage-designated cabin is nestled among the trees. Positioned just off Highway 97, the property provides convenient access for agricultural operations while remaining steps from Okanagan Lake and minutes from the amenities of Summerland and Penticton. Surrounded by an established residential community, this unusually large parcel offers excellent exposure, accessibility and long-term agricultural potential in one of the Okanagan Valley's most sought-after growing regions. All offers are subject to approval by the Supreme Court of British Columbia. (id:63159)
Location Insights
Weather
16°C
—
Humidity 59%
Wind W 8 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
12,042
(2021 Census)
+3.7% since 2016
Density: 162.6/km²
Dwellings: 5,426
Median household income: $82,000
After-tax: $74,000
Immigrant population: 12.2%
Top countries of origin (% of total population)
- United Kingdom3.3% · 395
- Germany1% · 125
- India0.9% · 110
- United States of America0.8% · 95
- Netherlands0.7% · 85
- Poland0.4% · 50
- Hungary0.3% · 40
- Philippines0.3% · 40
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Trout Creek Elementary | Elementary | 1.8 km |
| Unisus Junior School(Independent) | Elementary | 2.4 km |
| Unisus Senior School(Independent) | Secondary | 2.4 km |
| Summerland Montessori School(Independent) | Elementary | 3.4 km |
| Summerland Secondary | K-12 | 3.5 km |
| Naramata Elementary | Elementary | 4.0 km |
| West Bench Elementary | Elementary | 9.0 km |
| Queens Park Elementary | Elementary | 10.0 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.