Property Type: Land / LotOwnership: Freehold

Lot 41 - 3498 Arawana Forestry Road

Naramata, BC V0H1N1

$899,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.77 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,656.01

Interior

Fireplace
None

Listing Information

MLS®
10366047
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

Lot 41 is a truly unique opportunity on the Vista Naramata Benchlands, set apart from the rest of the development with access directly from Arawana Forestry Road, just where the pavement ends. This rare 2.07 acre parcel is ideal for those seeking a more rural lifestyle, offering the perfect setting to build a shop, large garage, or custom home with plenty of space. Adventure is right at your doorstep - explore trails for off-roading, quadding, biking, or hiking, all just steps from your property. Despite its secluded location, Lot 41 remains conveniently close to Naramata village and the amenities of Penticton, providing the best of both worlds: rural privacy and modern convenience. All measurements are approximate. For those seeking a spacious, versatile lot with immediate access to outdoor recreation and a strong sense of freedom, Lot 41 offers a rare canvas to bring your vision to life. (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 ElementaryElementary2.4 km
Trout Creek ElementaryElementary5.3 km
Unisus Senior School(Independent)Secondary8.6 km
Unisus Junior School(Independent)Elementary8.6 km
Summerland SecondaryK-128.7 km
Summerland Montessori School(Independent)Elementary9.0 km
Uplands ElementaryElementary10.2 km
Queens Park ElementaryElementary11.3 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$221.33
Total monthly cost$4,866.01
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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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