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880 Naramata Road
Penticton · Vacant Land
Listed by Engel & Volkers South Okanagan · MLS® 10395756
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Sign inAbout this home
Set on the iconic Naramata Bench, 880 Naramata Road presents a rare 33-acre blank canvas in one of Penticton’s most celebrated wine and agri-tourism corridors. Surrounded by acclaimed vineyards, boutique wineries, and postcard lake views, this extraordinary parcel offers the opportunity to shape a landmark estate in a world-class setting. Unlike most acreages on the Bench, this property is not within the Agricultural Land Reserve (ALR)—a significant advantage that provides enhanced flexibility and freedom. Without typical ALR restrictions, the current Country-Residential zoning allows for a broader range of architectural possibilities and lifestyle uses, making it ideally suited for a luxury estate, executive retreat, or legacy holding. Bordered by rolling hills and sweeping vistas of Okanagan Lake, the property is immersed in the prestige and agricultural charm that define the Naramata Bench. The zoning framework also provides a strong foundation for a thoughtfully designed rural-residential subdivision, while maintaining the tranquil character of the area. Serenity does not mean sacrifice - minutes away from Penticton’s vibrant city centre, you remain close to boutique shopping, fine dining, and sandy beaches. Whether envisioning a private generational sanctuary or exploring permitted development opportunities, this is a truly rare offering. Bring your architect, walk the land, and imagine what’s possible where the vines meet the sky. Contact the Listing Advisor for a full property package.
Home facts
- Property type
- Vacant Land
- Area
- Main North
- Listed
- July 24, 2026
- Structure
- Other
- PID
- 002-030-853
- Common interest
- Freehold
Highlights
- Mountain view
- City view
Features and inclusions
- Lot
- Private setting, Treed, See remarks
- Community
- Rural Setting
Rooms and building
- Sewer
- No sewage system
- Water
- Municipal water
- Utilities
- Water, Electricity
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
- $13,745
- Property tax
- $850/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $14,745
Purchase snapshot
- List price
- $2,900,000
- Down payment
- $580,000 (20%)
- Estimated mortgage
- $2,320,000
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
- $16,814
- 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 · 61%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.