- Active
8820 Happy Valley Road
Summerland · Single Family
- Beds
- 4
- Baths
- 2
- Sqft
- 2,428
- Built
- 1977
Listed by Summerland Realty Ltd. · MLS® 10401634
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Sign inAbout this home
FIRST TIME ON THE MARKET! Lovingly held by the same family since it was built in 1977, this 4-bedroom, 2-bathroom home offers a rare opportunity to own a piece of Summerland’s sought-after Happy Valley area. Set on a spacious 0.31-acre lot, the property enjoys breathtaking panoramic views of Okanagan Lake, Naramata and Giants Head Mountain. The home offers a practical and flexible layout, with two bedrooms and one bathroom on each level—ideal for families, guests or those looking for additional living space. Outside, enjoy an inground pool, plenty of parking and convenient lane access. Surrounded by the natural beauty of the Okanagan and just minutes from downtown Summerland, this property offers a peaceful setting, spectacular views and plenty of potential. A truly special opportunity to purchase a home that has never before been offered for sale.
Home facts
- Bedrooms
- 4
- Bathrooms
- 2 full
- Interior
- 2,428 sq ft
- Year built
- 1977
- Storeys
- 2
- Property type
- Single Family
- Carport
- Yes
- Area
- Summerland Rural
- Style
- Ranch
- Listed
- September 24, 2026
- Structure
- House
- PID
- 010-073-205
- Common interest
- Freehold
Highlights
- Mountain view
- Pool
Features and inclusions
- Heating
- Heat Pump, Baseboard heaters
- Cooling
- Heat Pump
- Parking
- Carport, Rear
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
- $4,735
- Property tax
- $292/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,177
Purchase snapshot
- List price
- $999,000
- Down payment
- $199,800 (20%)
- Estimated mortgage
- $799,200
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
- $4,728
- 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
For investors
As a rental
- Estimated rent
- $1,890 a month
- Gross yield
- 2.3%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 49%
Who lives here
Documents
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