Property Type: Detached HouseOwnership: Freehold

4625 Mill Road

Naramata, BC V0H1N1

$1,968,000

3 bed1 bath2 parking1,007 sqftBuilt 1962
Get Directions

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.18 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,106.69

Interior

Heating
Electric
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Carpeted

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic), Unknown
Waterfront
Waterfront on lake

Building

Roof
Cedar shake, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Other, Additional Parking

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
StorageSecond level2'10'' x 14'6''
OtherSecond level3'0'' x 3'0''
BedroomSecond level11'6'' x 14'6''
BedroomSecond level9'10'' x 14'6''
Full bathroomMain level7'2'' x 10'7''
FoyerMain level4'4'' x 9'6''
Primary BedroomMain level9'8'' x 9'10''
KitchenMain level9'10'' x 12'11''
Dining roomMain level10'0'' x 14'0''
Living roomMain level13'0'' x 14'1''

Listing Information

MLS®
10388942
Listed
June 11, 2026
Time on market
On the market for 81 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Some places hold a kind of quiet magic. This lakefront cabin in Naramata on the shores of Mill Bay has been one family's secret for over 40 years, a simple, unpretentious retreat where summers were long, the lake was always close, and life slowed down the way it should. Offered now for the first time in a generation, the property features nearly 200 feet of walk-out Okanagan Lake beachfront in Naramata, with only one neighbouring property and the kind of privacy that is nearly impossible to find at this level. The 1,007 sq. ft. cabin is ready for its next chapter. Enjoy it exactly as it is, make it your own with a few personal touches, or reimagine it entirely as your dream lakeside home. A double garage and registered moorage with dock piles in place round out this special offering. Naramata's renowned village lifestyle, wineries, KVR Trail, and community are right at your doorstep, with Penticton just 15 minutes away. The property is being sold ""as-is, where is"". (id:63159)

Values & Trends

This listing

$1,954/sqft

Building average

No other active listings in this building

Naramata Village average

$824/sqft

8 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

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 ElementaryElementary1.4 km
Trout Creek ElementaryElementary4.5 km
Summerland SecondaryK-125.7 km
Summerland Montessori School(Independent)Elementary6.2 km
Unisus Senior School(Independent)Secondary6.4 km
Unisus Junior School(Independent)Elementary6.4 km
Uplands ElementaryElementary11.9 km
West Bench ElementaryElementary12.1 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($393,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,574,400.00
Periodic payment — Principal & Interest (monthly)$10,157.49
Additional monthly expenses (strata, tax, utilities, etc.)$725.56
Total monthly cost$10,883.05
Interest paid over 5-yr term$451,227.57
Balance at end of term$1,416,177.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$393,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,106.58

Cash Needed at Closing

Minimum down payment$393,600
Estimated BC PTT$37,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$432,460

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.

Request more information