Property Type: Land / LotOwnership: Freehold

Lot 34 - 350 Benchlands Drive

Naramata, BC V0H1N1

$649,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.57 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,157

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10366043
Listed
October 20, 2025
Time on market
On the market for 315 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers South Okanagan · Data source: CREA DDF.

Description

Introducing Lot 34, a 0.57-acre lot at the edge of the Vista Naramata Benchlands, backing onto the natural beauty of Okanagan Mountain. This private lot offers the freedom to design your dream home with your preferred builder, with no strata restrictions or required build timelines. Step outside your door to explore a network of scenic trails, perfect for hiking, biking, or simply enjoying the tranquility of nature. Despite its peaceful setting, the lot is just minutes from the charming village of Naramata and a short drive to Penticton, offering the ideal balance of privacy and convenience. All measurements are approximate. Lot 34 presents a unique opportunity to create a custom home in one of the South Okanagan’s most coveted neighbourhoods, where mountain views, outdoor recreation, and vibrant village life come together seamlessly. (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

SchoolTypeDistance
Naramata ElementaryElementary2.6 km
Trout Creek ElementaryElementary5.2 km
Unisus Senior School(Independent)Secondary8.6 km
Unisus Junior School(Independent)Elementary8.6 km
Summerland SecondaryK-128.8 km
Summerland Montessori School(Independent)Elementary9.1 km
Uplands ElementaryElementary9.9 km
Queens Park ElementaryElementary10.9 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: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$179.75
Total monthly cost$3,529.45
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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