1116 Naramata Rd, No City Value, BC, MLS® R3064631

$13,500,000
Est. Mortgage /mo

$13,500,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
3 Beds
3 Baths
2 Stories
lot 1806433 sqft
2462 sqft
1968 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

1116 Naramata Rd, No City Value, BC | MLS® R3064631 Property Details

A legacy tracing back 5 generations, The Duncan Vineyard Estate is one of the Okanagan's last authentic vineyard properties. Perfectly placed in a prime location on the Naramata Bench, just 5 minutes from Penticton. 270° views span two lakes & west to sunsets over the North Cascade Mts. 41.5ac of the highest rated terroir in the region, 34ac outside the ALR. Opportunities are limitless. Create a world class winery surrounded by premium homesites, a luxury resort, exclusive retreat, or the ultimate personal vineyard estate. 7ac of award-winning Chardonnay & Merlot currently planted, plus potential for a total 24 prime plantable acres. This is an exceptionally rare opportunity to own a true legacy property in what has become one of the world's great wine destinations.

General Info

Price $13,500,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2462
Lot Size 41.47
Lot Size Depth Feet
Lot Size Frontage -
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1968
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3064631
Area Out of Town
Neighbourhood Out of Town
City No City Value
Gross Taxes $6,380
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Heat Pump, Natural Gas
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Septic Tank
Water (WaterSource) Public

Parking

Parking Type Additional Parking, RV Access/Parking, Rear Access
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning A
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View 1
View Description Panoramic lake and mountain
Units In Development -
Exterior Features Garden, Balcony, Private Yard
Sewer Public Sewer, Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver & Engel & Volkers South Okanagan

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary
Penticton Christian School
5.17 km
Elementary, Secondary
Penticton Christian School
5.17 km

Closest Transit

Penticton
Naramata at Todd (SB)
0.02 km
Skytrain
West Coast Express @ Mission City Station
203.53 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 1116 Naramata Road, a stunning home for sale in the heart of No City Value, BC!

As we step into this beautiful neighborhood, I'm excited to share with you the charming details thatmake this community so special. Let's start with the local schools, a top priority for many families.

Education:

The closest Elementary school to this home is Penticton Christian School, rated No Rating, located just 5.17 km away. This school is part of the esteemed Penticton Christian School community, known for its commitment to academic excellence and spiritual growth.

For Secondary education, Penticton Christian School is once again the closest option, offering a comprehensive curriculum that prepares students for success.

Crime Rates:

According to Statistics Canada's 2020 report, the neighborhood surrounding 1116 Naramata Road, No City Value, BC has a relatively high crime rate of 20,059.02 incidents per 100,000 population. While this may seem concerning, it's essential to note that crime rates can fluctuate over time. In this case, the overall crime rate has decreased by 15.11% year-over-year.

Transit:

Convenience is key, and with the Naramata at Todd (SB) bus station just 0.02 km away, you'll have easy access to public transportation. Whether you're commuting to work or exploring the surrounding areas, this home's location makes it an excellent choice for those who value convenience.

Demographics:

Let's take a look at the demographics of this charming neighborhood. With 14.9% of residents holding a university certificate or degree, this community is well-educated and driven. Additionally, 18.3% of the population has no certificate or degree, reflecting a diverse range of backgrounds and experiences.

Economy:

The median household income in this neighborhood is $54,219, which is below average compared to other areas in British Columbia. However, the median personal income is $30,505, also below average. While this may seem concerning, it's essential to consider the overall economic landscape of the region.

Unemployment:

The unemployment rate in this area is 8.8%, which is average compared to other provinces. This suggests that while there may be some economic challenges, the region is not heavily impacted by unemployment.

Growth and Development:

This neighborhood has experienced above-average growth, with a population change of 2.7% between 2011 and 2016. This is a positive indicator of the area's desirability and potential for future development.

Community:

With an average family size of 2.6, this community is family-friendly and welcoming. 45.2% of families in the area have children, making it an excellent choice for those with young ones. Additionally, 54.5% of residents are married or living common law, reflecting a strong sense of community and commitment.

Aging Population:

The average age of the population in this neighborhood is 48.7, which is higher than average compared to other BC cities. This suggests that the area may be experiencing an aging population, which can bring its own set of challenges and opportunities.

Real Estate:

With an average dwelling value of $394,344, this neighborhood is relatively affordable compared to other areas in British Columbia. Additionally, the average owner payments are below average, with owners spending $1,022 per month on their dwellings.

Renters and Ownership:

36.8% of the population in this neighborhood are renters, which is above average compared to other BC cities. This suggests that the area may be experiencing a shift towards renters, which can impact the local economy and housing market.

Language and Culture:

The majority of residents in this neighborhood speak English, with 92.9% of the population identifying as English speakers only. This reflects a strong sense of cultural identity and a community that values its linguistic heritage.

Transportation:

When it comes to transportation, 80.5% of residents use cars, which is below average compared to other cities. However, 2.5% of residents use bicycles, which is above average, and 12.2% of residents walk, which is high.

MLS® R3064631:

This stunning home for sale at 1116 Naramata Road, No City Value, BC offers the perfect blend of charm, convenience, and community spirit. With its excellent location, family-friendly atmosphere, and relatively affordable real estate, this property is an excellent choice for those looking for a peaceful and welcoming home.

Don't miss out on this incredible opportunity! Contact me today to schedule a viewing and make this beautiful home your own.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $13,500,000
No City Value No comparables
Out of Town No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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