- Active
18555 Matsu Drive
Summerland · Other
- Built
- 2008
Listed by Sotheby's International Realty Canada · MLS® 10379846
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Sign inAbout this home
Offered for sale is Sage Hills Estate Winery, an established premium boutique winery in Summerland, BC. This offering includes a stunning modern residence, all located on an irreplaceable 10.36 acre parcel overlooking Lake Okanagan. The main home features 4,576 square feet of interior living with four bedrooms plus den, four bathrooms, perched on the mountainside with gorgeous architectural features, including cantilevered living room with 270 degree views. Infinity pool, smart home technology, triple garage, and panoramic views that will surpass all expectations. Over 10 acres of freehold land with vineyards, and long-term leases on neighbouring parcels, as well as a certified organic winery operation with wine-making equipment, tasting room, large venue-friendly patio perfect for weddings or parties, and more. A newly constructed ~80'x40' two storey outbuilding is roughed in for extra accommodations, storage, and expanded operations. The business comes with transferable contracts in place for the next owner. Well-suited for owner-operators wishing to take over operations in full, or an owner wishing to live in a modern home set among the vines with stunning views while the winery runs itself. Management and employees are willing to stay on to assist with a transition, or they can continue to run the operation in full for an absent owner. This is a great opportunity to obtain a premium brand, a stunning residence, and some of the best views that the Okanagan has to offer.
Home facts
- Year built
- 2008
- Parking
- 26
- Property type
- Other
- Garage
- Yes
- Area
- Summerland Rural
- Listed
- March 18, 2026
- Structure
- Other
- Frontage
- 791 feet
- PID
- 012-633-542
Highlights
- Pool
- Patio
- Smart home
Features and inclusions
- Heating
- Forced air, Hot Water, Geothermal
- Cooling
- Central air conditioning
- Parking
- Attached Garage
- Lot
- Irregular lot size
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
- $46,923
- Property tax
- $2,892/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $49,965
Purchase snapshot
- List price
- $9,900,000
- Down payment
- $1,980,000 (20%)
- Estimated mortgage
- $7,920,000
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
- $46,853
- At 4.7326 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 · 32%