- Active
385 Matheson Road
Okanagan Falls · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 2,654
- Built
- 1990
Listed by Sotheby's International Realty Canada · MLS® 10394865
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Sign inAbout this home
Boutique Winery opportunity now available for sale in the prestigious Okanagan Falls area. 8.896 acre parcel planted out to high producing vineyard. Approximately five acres planted to mix of Pinot Blanc (primary crop), Pinot Noir, and Cabernet Sauvignon. The property has a large greenhouse. Sale includes all assets. There may be additional grapes available via neighbouring parcel. The property has a three bedroom, two and a half bathroom 2600 square foot residence, great for an owner-occupier or farm help. The roof of the home was redone approximately three years ago; New Hot Water tank (2026); New Water Pump (2026); Septic pumped (2026). Additional structures include a 2000 square foot primary greenhouse and a 400 square foot greenhouse. Additional equipment for farm operations included. Vines were originally planted in 1986, and the property has potential to produce and distribute 10,000 cases or more of wine, plus bulk wine options. Several water licenses for domestic and irrigation.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full + 2 half
- Interior
- 2,654 sq ft
- Year built
- 1990
- Storeys
- 2
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- Eastside/Lkshr Hi/Skaha Est
- Style
- Ranch
- Listed
- July 17, 2026
- Structure
- House
- PID
- 001-600-389
- Common interest
- Freehold
Highlights
- Mountain view
Features and inclusions
- Heating
- Electric
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
Rooms and building
- Sewer
- Septic tank
- Water
- Licensed
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
- $12,560
- Property tax
- $775/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $13,485
Purchase snapshot
- List price
- $2,650,000
- Down payment
- $530,000 (20%)
- Estimated mortgage
- $2,120,000
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
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 · 64%
Who lives here
Documents
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