Property Type: OtherOwnership: Freehold

North Naramata Road Lot# 1

Naramata, BC V0E1N1

$790,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
3.49 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$2,439

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Valley view

Listing Information

MLS®
10357836
Listed
July 30, 2025
Time on market
On the market for 397 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Nyda Realty (Agassiz) · Data source: CREA DDF.

Description

Welcome to Naramata, BC - A Rare Opportunity to Build our Dream Home in Wine Country. Set on a stunning 3.49-acre parcel, this remarkable property captures the true spirit of Okanagan Living. Enjoy uninterrupted views of Okanagan Lake and the picturesque hills of the Naramata Bench, all from your future home. Breathe in the fresh air scented by nearby orchards and world-class wineries. This peaceful, private setting offers the ideal backdrop for your custom-built retreat, with multiple build sites perfectly positioned to take in panoramic lake views to the west and tranquil mountain vistas to the east. This is more than just a property – it’s a lifestyle. Imagine mornings overlooking the water, afternoons exploring nearby vineyards, and evenings spent under the stars in your dream backyard. Located just a short stroll to the charming Village of Naramata. Whether you envision a quiet getaway or a full-time residence immersed in nature and community, this is a unique opportunity to own in one of BC’s most desirable destinations. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Naramata Rural average

$1,144/sqft

5 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

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

SchoolTypeDistance
Naramata ElementaryElementary2.3 km
Trout Creek ElementaryElementary5.5 km
Summerland SecondaryK-126.2 km
Summerland Montessori School(Independent)Elementary6.6 km
Unisus Junior School(Independent)Elementary7.1 km
Unisus Senior School(Independent)Secondary7.1 km
Uplands ElementaryElementary12.9 km
West Bench ElementaryElementary13.2 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: 6.8% ($54,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$632,000.00
Periodic payment — Principal & Interest (monthly)$4,077.45
Additional monthly expenses (strata, tax, utilities, etc.)$203.25
Total monthly cost$4,280.70
Interest paid over 5-yr term$181,133.02
Balance at end of term$568,486.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,659.58

Cash Needed at Closing

Minimum down payment$54,000
Estimated BC PTT$13,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,300

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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