880 Naramata Road
Penticton, BC V2A8T5
$2,900,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 33.8 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $11,793
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Lake view, Mountain view, View of water, View (panoramic), Unknown
Listing Information
- MLS®
- 10395756
- Listed
- July 24, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.
Description
Set on the iconic Naramata Bench, 880 Naramata Road presents a rare 33-acre blank canvas in one of Penticton’s most celebrated wine and agri-tourism corridors. Surrounded by acclaimed vineyards, boutique wineries, and postcard lake views, this extraordinary parcel offers the opportunity to shape a landmark estate in a world-class setting. Unlike most acreages on the Bench, this property is not within the Agricultural Land Reserve (ALR)—a significant advantage that provides enhanced flexibility and freedom. Without typical ALR restrictions, the current Country-Residential zoning allows for a broader range of architectural possibilities and lifestyle uses, making it ideally suited for a luxury estate, executive retreat, or legacy holding. Bordered by rolling hills and sweeping vistas of Okanagan Lake, the property is immersed in the prestige and agricultural charm that define the Naramata Bench. The zoning framework also provides a strong foundation for a thoughtfully designed rural-residential subdivision, while maintaining the tranquil character of the area. Serenity does not mean sacrifice - minutes away from Penticton’s vibrant city centre, you remain close to boutique shopping, fine dining, and sandy beaches. Whether envisioning a private generational sanctuary or exploring permitted development opportunities, this is a truly rare offering. Bring your architect, walk the land, and imagine what’s possible where the vines meet the sky. Contact the Listing Advisor for a full property package. (id:63159)
Location Insights
Weather
17°C
Mainly Clear
Humidity 67%
Wind NE 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
36,885
(2021 Census)
+9.3% since 2016
Density: 857.2/km²
Dwellings: 18,457
Median household income: $68,000
After-tax: $61,600
Immigrant population: 13.4%
Top countries of origin (% of total population)
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Uplands Elementary | Elementary | 2.5 km |
| Entre-lacs | Elementary/Middle | 3.4 km |
| ConnectEd - Alternative Programs | Secondary | 3.7 km |
| Secondaire de Penticton | Secondary | 3.9 km |
| Penticton Secondary | Secondary | 3.9 km |
| Columbia Elementary | Elementary | 3.9 km |
| Penticton Christian School(Independent) | K-12 | 4.2 km |
| Queens Park Elementary | Elementary | 4.3 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% ($580,000) — 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.