Property Type: Detached HouseOwnership: Freehold

8025 Princeton-Summerland Road

Summerland, BC V0H1Z8

$3,198,000

4 bed2 bath3,024 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
8.25 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,893.13

Interior

Heating
Heat Pump, Radiant heat, See remarks
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Concrete

Exterior & Lot

Exterior features
Wood
View
Mountain view

Building

Roof
Metal, Unknown

Parking

Features
RV, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomSecond level10'4'' x 12'10''
BedroomSecond level15'7'' x 12'10''
BedroomSecond level10'11'' x 11'7''
Laundry roomSecond level9'7'' x 17'4''
Family roomSecond level13' x 15'2''
3pc Ensuite bathSecond level8'8'' x 8'9''
Primary BedroomSecond level17'3'' x 13'2''
Utility roomMain level9' x 4'3''
OtherMain level9' x 14'11''
3pc BathroomMain level7'7'' x 9'5''
OfficeMain level9' x 8'5''
FoyerMain level9' x 6'10''
KitchenMain level16'10'' x 17'2''
Dining roomMain level12'10'' x 20'
Living roomMain level16'10'' x 17'2''

Listing Information

MLS®
10395035
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

A truly exceptional live-work opportunity, this private 8.25 acre property features rare, site-specific Home Industry zoning that allows an owner-operated business to operate alongside an extraordinary custom residence. For a craftsman, fabricator, millworker, builder, or other hands-on entrepreneur, it offers the freedom to own both an exceptional home and a commercial workspace without the cost and inconvenience of a separate lease. The approximately 5,000 square foot timber-framed shop is an engineering showcase, constructed from Cross Laminated Timber and currently used as a millwork studio. Expansive, versatile, and purpose-built for creating, restoring, fabricating, and growing a business, it is unlike anything else on the market. The newly built approximately 3,000 square foot residence is equally remarkable. Built to BC Energy Step Code 5, it is handcrafted from solid wood with timeless joinery, vaulted timber ceilings, Douglas Fir finishes, radiant heating, ductless cooling, and a wood-burning fireplace. A refined kitchen with Wolf/Sub-Zero appliances and white oak cabinetry opens to generous living spaces and a wraparound porch overlooking breathtaking natural views. Three bedrooms and two bathrooms complete the upper level. Just ten minutes from Summerland, yet surrounded by privacy, quiet, and endless trails, this remarkable property feels worlds away; a rare place to live beautifully, work independently, and build a lasting future. (id:63159)

Values & Trends

This listing

$1,058/sqft

Building average

No other active listings in this building

Summerland Rural average

$748/sqft

27 active listing(s)

Parking: Not indicatedStorage 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

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.

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

SchoolTypeDistance
Summerland Montessori School(Independent)Elementary7.8 km
Summerland SecondaryK-128.0 km
Unisus Junior School(Independent)Elementary9.0 km
Unisus Senior School(Independent)Secondary9.0 km
Trout Creek ElementaryElementary12.8 km
Naramata ElementaryElementary14.3 km
West Bench ElementaryElementary17.1 km
Queens Park ElementaryElementary19.0 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($639,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,558,400.00
Periodic payment — Principal & Interest (monthly)$16,505.93
Additional monthly expenses (strata, tax, utilities, etc.)$808.76
Total monthly cost$17,314.69
Interest paid over 5-yr term$733,244.79
Balance at end of term$2,301,289.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$639,600
Stress test qualifying rate8.09%
Payment you must qualify for$19,673.20

Cash Needed at Closing

Minimum down payment$639,600
Estimated BC PTT$77,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$719,000

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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