4535 Mill Road
Naramata, BC V0H1N1
$1,199,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.08 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,976.99
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View of water, View (panoramic)
Listing Information
- MLS®
- 10397726
- Listed
- August 20, 2026
- Time on market
- On the market for 11 days
- Data last synced
- August 28, 2026
Listing provided by: Vantage West Realty Inc. · Data source: CREA DDF.
Description
One of the last remaining freehold waterfront parcels on Okanagan Lake! This private piece of absolute paradise is quietly tucked away on picturesque Mill Bay in the Village of Naramata. Nearly 70 feet of waterfront with no visible neighbours on three sides. Community water and hydro are on the property, and a septic system has been installed. A permit for a 118 ft dock has also been approved. No building scheme or time restrictions. Potential for approximately 1,750 sq. ft. of living space. The current approved plans feature a 1,564 sq. ft. two-storey home, carefully designed to make the most of this rare waterfront lot. Sample floor plans and renderings are merely to help with vision, buyer can design what's most functional for them within 1000sqft footprint and up to two stories. Existing Bunkie on site to use while you design your build. Perfectly flat yard with southern exposure and surrounded by vineyards, orchards, and multi-million dollar homes. Beach to the South is uninhabited creating privacy as far as the eye can see, this is a truly rare and unique offering. No Vacancy Tax or short-term rental restrictions in Naramata. Seller would consider vendor financing OAC to help a buyer build their home. Call the Vantage Group today to learn more about this incredible opportunity to own your very own slice of Okanagan Lake waterfront. +GST (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
| School | Type | Distance |
|---|---|---|
| Naramata Elementary | Elementary | 1.3 km |
| Trout Creek Elementary | Elementary | 4.4 km |
| Summerland Secondary | K-12 | 5.8 km |
| Summerland Montessori School(Independent) | Elementary | 6.2 km |
| Unisus Senior School(Independent) | Secondary | 6.4 km |
| Unisus Junior School(Independent) | Elementary | 6.4 km |
| Uplands Elementary | Elementary | 11.9 km |
| West Bench Elementary | Elementary | 12.1 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,900) — 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.