- Active
2885 Valleyview Road
Penticton · Agriculture
- Beds
- 7
- Baths
- 5
- Sqft
- 3,886
- Built
- 1991
Listed by Oakwyn Realty Ltd. · MLS® 10394331
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Sign inAbout this home
COURT ORDERED SALE. An exceptional investment opportunity unlike any other. Situated on 6.34 acres of prime agricultural land within Penticton city limits, this income-producing estate offers the perfect balance of lifestyle, agriculture, and long-term investment potential. With the potential to generate approximately $10,000 per month, this is a rare opportunity to own a legacy property in one of the Okanagan's most desirable locations. Framed by sweeping views of Skaha Lake and the Penticton Airport, the property features 4+ acres of mature Centennial, Christina, Staccato, and Skeena cherry orchards, creating an established agricultural operation with room to grow. Additional prepared planting areas offer opportunities to expand production, diversify crops, or create your own hobby farm or vineyard. The main residence offers incredible scale and the opportunity to transform it into a stunning country estate. A second residence and additional rental suites further enhance the property's income potential, while the annually leased orchard provides consistent returns. Whether you're building your investment portfolio, expanding an agricultural operation, or searching for a one-of-a-kind Okanagan estate with multiple income streams, this property offers exceptional versatility and lasting value. Opportunities like this are exceptionally rare! Experience the possibilities. Contact the listing agent today to arrange your private tour.
Home facts
- Bedrooms
- 7
- Bathrooms
- 3 full + 2 half
- Interior
- 3,886 sq ft
- Year built
- 1991
- Storeys
- 3
- Parking
- 2
- Property type
- Agriculture
- Garage
- Yes
- Area
- Main South
- Style
- Other
- Listed
- July 10, 2026
- Structure
- Other
- PID
- 015-971-066
- Common interest
- Freehold
Features and inclusions
- Heating
- Baseboard heaters, Forced air, Electric
- Cooling
- Central air conditioning
- Parking
- Detached Garage, RV, Additional Parking
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
- $8,290
- Property tax
- $508/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,948
Purchase snapshot
- List price
- $1,749,000
- Down payment
- $349,800 (20%)
- Estimated mortgage
- $1,399,200
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
- $10,141
- 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 · 37%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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