4650 North Naramata Road Lot# 10
Naramata, BC V0H1N1
$1,099,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 3.14 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $214/mo
- Annual property tax
- $2,575
Maintenance Fee Includes
Also included: Other, See Remarks
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, View (panoramic)
Listing Information
- MLS®
- 10396417
- Listed
- July 30, 2026
- Time on market
- On the market for 32 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Perched above the vineyards and shimmering waters of the Okanagan, Lot 10 at Grace Estates presents an exceptional opportunity to create a custom luxury estate in one of Naramata’s most private and scenic countryside settings. Spanning approximately 3.138 acres, this rare bare land strata lot offers expansive building potential surrounded by rolling hillsides, natural landscape, and breathtaking views within an exclusive 11-lot community. Grace Estates has been thoughtfully designed to preserve privacy, natural beauty, and architectural integrity through a comprehensive building scheme and design guidelines, creating a cohesive luxury rural enclave. Owners have the flexibility to design and build their dream residence with a licensed BC builder, subject to architectural approval, with no mandatory timeline to begin construction. The zoning permits a single detached dwelling, secondary suite, home occupation, and agricultural uses, making it ideal for those envisioning a luxury residence paired with vineyard rows, orchard plantings, or an expansive outdoor lifestyle. Multiple building site options due to registered easement; An extensive architectural rendering package is available for review from Sanders Green Architecture Ltd for inspiration. Utilities including water, electricity, gas, and telecommunications are designed to service the development, while each property includes designated septic field areas for individual servicing. Accessed via North Naramata Road and internal private strata roads, Grace Estates offers a peaceful escape only minutes from the renowned wineries, beaches, trails, and village charm of Naramata. Here, residents can experience the perfect blend of luxury country living and Okanagan recreation, all within close proximity to Penticton amenities. An extraordinary opportunity to secure acreage, privacy, and lifestyle in one of the South Okanagan’s most coveted emerging luxury communities. Disclaimer: Lot Sale. Renderings are concept only. (id:63159)
Location Insights
Weather
Nearest station: Summerland
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Naramata Elementary | Elementary | 1.5 km |
| Trout Creek Elementary | Elementary | 5.0 km |
| Summerland Secondary | K-12 | 6.5 km |
| Summerland Montessori School(Independent) | Elementary | 6.9 km |
| Unisus Junior School(Independent) | Elementary | 7.1 km |
| Unisus Senior School(Independent) | Secondary | 7.1 km |
| Uplands Elementary | Elementary | 12.1 km |
| West Bench Elementary | Elementary | 12.5 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: 7.7% ($84,900) — 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.