- Active
1055 Pearson Road
Penticton · Single Family
- Beds
- 5
- Baths
- 5
- Sqft
- 7,018
- Built
- 1997
Listed by Sotheby's International Realty Canada · MLS® 10390881
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Sign inAbout this home
This exceptional 10.97 acre property offers a completely unique opportunity to obtain an incredible newly renovated home, set among a producing vineyard and beautiful views of Lake Okanagan, with the huge bonus of a secondary home, perfect for additional revenue or generational families. The main home has undergone a stunning renovation, keeping the character of the original home with gorgeous modern finishing. Upon entry you’ll love the vaulted ceilings of the great room with dedicated wine bar, surrounded by expansive windows and exposed beams. The kitchen offers tons of room for entertaining, opening to the dining room with access to the wraparound patio. You will also find a cozy family room for movie nights, and a cool loft space perfect for the kids. There are four bedrooms on this level, including the primary wing with dual closets. There are three other bedrooms on the main level plus two more full bathrooms. Downstairs is a family room with wet bar, two additional bedrooms, bathroom, gym, and more. Completely renovated from top to bottom including plumbing & electrical. Outside you have a sprawling lake view pool deck serviced by a full pool bathroom. The second home features 1,700 square feet with three bedrooms and two bathrooms, with its own incredible pool, outdoor pool bathroom and laundry area, and private driveway access for total isolation. The vineyard is planted with 4.5 acres of Chardonnay & Pinot Noir, professionally managed, in addition to apple, pear, plumb, apricot, and cherry trees. Farm status for lower taxes.
Home facts
- Bedrooms
- 5
- Bathrooms
- 5 full
- Interior
- 7,018 sq ft
- Year built
- 1997
- Storeys
- 5
- Parking
- 8
- Property type
- Single Family
- Garage
- Yes
- Area
- Penticton Rural
- Style
- Ranch
- Listed
- June 16, 2026
- Structure
- House
- PID
- 012-389-111
- Common interest
- Freehold
Highlights
- Mountain view
- Gym
- Pool
- Patio
- High ceilings
- Wine fridge
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Wine Fridge, Dryer, Microwave
- Heating
- Electric
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage, Other, RV, Additional Parking
- Lot
- Private setting, Irregular lot size
- Community
- Rural Setting, Pets Allowed
Rooms and building
- Sewer
- Septic tank
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $22,988
- Property tax
- $1,417/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $24,554
Purchase snapshot
- List price
- $4,850,000
- Down payment
- $970,000 (20%)
- Estimated mortgage
- $3,880,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $28,120
- At 5.7979 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 46%
Who lives here
Documents
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