luxury real estate for sale Okanagan Falls, Canada

For sale by court order. Sold as-is, where-is. Presenting a compelling infill development opportunity in a highly convenient South Penticton location. This approximately 13,950 square foot (0.32 acre) site is zoned RM2 Low Density Multiple Housing and was previously rezoned to facilitate a three-storey, six-unit townhouse concept. Directly across from a park and minutes from Cherry Lane Shopping Centre, the property offers future residents walkable access to shopping, services, public transit and everyday conveniences. A public pathway bordering the site connects to the community garden and Baskin Park, with Lions Park also nearby. An increasingly rare opportunity to deliver much-needed housing in an established, centrally located neighbourhood. All development potential is subject to independent verification and municipal approval. All offers are subject to approval by the Supreme Court of British Columbia. Sold as-is, Where-is.

Breathtaking lake views define this exceptional 5.64-acre estate on the coveted Naramata Bench. The property offers a refined vineyard lifestyle with meaningful revenue potential. The 4 bedroom residence is designed for effortless living and entertaining, with soaring ceilings, expansive windows, and generous decks overlooking Okanagan Lake. The private grounds are equally compelling, featuring a solar-heated saltwater pool, gardens, and open space for recreation or farm-to-table living. Above the triple garage, a fully self-contained 1 bedroom carriage suite provides flexibility for guests, extended family, or supplemental income. Approximately 4.5 acres are planted with Pinot Gris and Merlot, presenting an established vineyard opportunity. For those seeking a turnkey lifestyle, the current owners are open to leasing back the grape supply, allowing for immediate income while enjoying the setting. 2025 Vineyard Income was $52,000. 2025 rental income for the homes was $54,000. Moments to Penticton and steps to the KVR Trail, this is a rare offering where luxury living and vineyard potential meet. Whether pursuing a boutique wine venture or simply embracing the rhythm of vineyard living, this property captures the essence of the Okanagan lifestyle with elegance and enduring value. As an income producing property, it is anticipated to generate $106,000 to $110,000 in 2026. An exceptional opportunity for discerning buyers seeking both lifestyle and investment in one of the South Okanagan's premiere geographical indications.

For sale by Court-Order, offered as-is, where-is. On behalf of Ernst & Young Inc solely in its capacity as Receiver and Manager of Desert Valley Vineyard Ltd., Creston Valley Cherry Growers Ltd., H&R Orchards Ltd., Lakeside Cellars Ltd., Harbans Singh Dhaliwal and Harkesh Kaur Dhaliwal, Sotheby’s International Realty Canada is pleased to present the offering of three distinct property and asset offerings comprising of 4 PIDs, equipment, inventory, and intangible assets. Available either altogether or individually, this offering presents the unique opportunity to acquire premiere producing vineyard and winery assets. This offering consists of one parcel within Rural Oliver and the Regional District of Okanagan-Similkameen. The 12.20 acre parcel consists of two estate houses. Much of the property contains productive, good quality vineyard currently farmed to a high yield. The property is primarily planted with Merlot and Cabernet Franc. One acre of the planted vineyard is planted with Malbec, Petit Verdot, and Carmanere for blending purposes. The two homes are a 1,700 square foot 1991 rancher bungalow updated in 2015/2016 with a fully finished basement and a 1,200 square foot second house estimated to be built in the 1970s and updated in 2010. Both of these homes are occupied by tenants. The vineyard is planted with varietals for producing and blending exceptional red wines. It is fully irrigated and appears in good condition. The property is understood to be on municipal water and septic.

A rare opportunity to own Harker's Organic Family Farm, a recognized name in Cawston, the Organic Capital of Canada. This 17.01-acre certified-organic farm is an assembly of three contiguous, separately titled parcels sold together as a single working operation in the heart of the Similkameen Valley. The offering also includes possibilities for transferring the winery and cidery licenses. Established organic plantings are paired with a customer-facing farm-gate retail storefront and on-site cold storage, a scarce infrastructure package most orchards simply do not have. Support buildings include an older residence and a mobile home, offering on-site accommodation for operators or labour. The land is generally level throughout, served by the Cawston Irrigation District, with all parcels within the Agricultural Land Reserve. A separately titled parcel fronting Highway 3 adds visibility and genuine upside, with potential for an RV or agritourism venture, subject to approvals. Together the parcels function as one integrated, certified-organic farm: the orchard produces, the storefront and cold storage carry and sell the crop, and the frontage provides exposure and room to grow. Certified organic, income-producing and carrying a brand recognized across the region, Harker's suits an established grower expanding an operation or a lifestyle buyer seeking a meaningful rural holding with a story. Properties combining production, retail, cold storage and highway frontage on one recognized holding rarely come to market.

A rare opportunity to own Harker's Organic Family Farm, a recognized name in Cawston, the Organic Capital of Canada. This 17.01-acre certified-organic farm is an assembly of three contiguous, separately titled parcels sold together as a single working operation in the heart of the Similkameen Valley. The offering also includes possibilities for transferring the winery and cidery licenses. Established organic plantings are paired with a customer-facing farm-gate retail storefront and on-site cold storage, a scarce infrastructure package most orchards simply do not have. Support buildings include an older residence and a mobile home, offering on-site accommodation for operators or labour. The land is generally level throughout, served by the Cawston Irrigation District, with all parcels within the Agricultural Land Reserve. A separately titled parcel fronting Highway 3 adds visibility and genuine upside, with potential for an RV or agritourism venture, subject to approvals. Together the parcels function as one integrated, certified-organic farm: the orchard produces, the storefront and cold storage carry and sell the crop, and the frontage provides exposure and room to grow. Certified organic, income-producing and carrying a brand recognized across the region, Harker's suits an established grower expanding an operation or a lifestyle buyer seeking a meaningful rural holding with a story. Properties combining production, retail, cold storage and highway frontage on one recognized holding rarely come to market.

This exceptional 10.97 acre property offers a completely unique opportunity to obtain an incredible newly renovated home, set among a producing vineyard and beautiful views of Lake Okanagan, with the huge bonus of a secondary home, perfect for additional revenue or generational families. The main home has undergone a stunning renovation, keeping the character of the original home with gorgeous modern finishing. Upon entry you’ll love the vaulted ceilings of the great room with dedicated wine bar, surrounded by expansive windows and exposed beams. The kitchen offers tons of room for entertaining, opening to the dining room with access to the wraparound patio. You will also find a cozy family room for movie nights, and a cool loft space perfect for the kids. There are four bedrooms on this level, including the primary wing with dual closets. There are three other bedrooms on the main level plus two more full bathrooms. Downstairs is a family room with wet bar, two additional bedrooms, bathroom, gym, and more. Completely renovated from top to bottom including plumbing & electrical. Outside you have a sprawling lake view pool deck serviced by a full pool bathroom. The second home features 1,700 square feet with three bedrooms and two bathrooms, with its own incredible pool, outdoor pool bathroom and laundry area, and private driveway access for total isolation. The vineyard is planted with 4.5 acres of Chardonnay & Pinot Noir, professionally managed, in addition to apple, pear, plumb, apricot, and cherry trees. Farm status for lower taxes.

Set amidst the sun-drenched vineyards of the Black Sage Bench, within the celebrated Golden Mile of the South Okanagan, Rainmaker Wines presents a rare opportunity to acquire a turnkey winery estate in one of Canada’s most prestigious viticultural regions. This exceptional offering combines award-worthy architecture, premium vineyard land, modern production facilities, and an established luxury wine brand. Encompassing 11.05 acres, including 9.98 acres of vineyards, the estate features a remarkable 6,900-square-foot glass-and-steel winery completed in 2021, seamlessly integrating hospitality, production, and operational spaces while capturing sweeping vineyard vistas and the distinctive desert landscape. At its heart is a sleek 1,360-square-foot tasting room with two fully equipped wine bars and a refined palette of glass, stainless steel, polished concrete, and cedar, hosting up to 45 guests, plus adjacent office, storage, and mechanical space. The 4,140-square-foot production facility offers state-of-the-art heating and cooling with custom glycol lines and capacity for up to 20,000 cases per year, complemented by a covered concrete crush pad with the flexibility to be walled in for added production or barreling space. The package also includes the option to purchase winery and vineyard equipment, from harvest and processing equipment to presses, tanks, barrels, and tasting bar equipment. Mature vineyard blocks showcase an impressive portfolio including Cab Sauv, Cab Franc, Syrah, Viognier, Roussanne, Chardonnay, and Chard Musque. With exceptional visibility along one of the Okanagan’s most visited wine routes, the property offers a compelling foundation for a boutique producer, hospitality venture, or luxury lifestyle investment. A rare union of architecture and opportunity, Rainmaker Wines represents a legacy acquisition within Canada’s premier wine-producing region, where exceptional wines, unforgettable experiences, and lasting value come together.

For sale by Court-Order, offered as-is, where-is. On behalf of Ernst & Young Inc solely in its capacity as Receiver and Manager of Desert Valley Vineyard Ltd., Creston Valley Cherry Growers Ltd., H&R Orchards Ltd., Lakeside Cellars Ltd., Harbans Singh Dhaliwal and Harkesh Kaur Dhaliwal, Sotheby’s International Realty Canada is pleased to present the offering of three distinct property and asset offerings comprising of 4 PIDs, equipment, inventory, and intangible assets. Available either altogether or individually, this offering presents the unique opportunity to acquire premiere producing vineyard and winery assets. This offering consists of one parcel within Rural Oliver and the Regional District of Okanagan-Similkameen. The 10.30 acre parcel consists of a fruit storage building, an estate house, and an uninhabited original home likely requiring removal. Much of the property contains productive, good quality vineyard currently farmed to a high yield. This portion of the property is understood to be planted with Pinot Noir and Pinot Meunier. The remainder of the property consists of either new plantings or unplanted rows of Pinot Gris, Syrah, and Semillon. The property is understood to have municipal water and septic, though one well was found on record. The 4,420 square foot 2008 built 2 storey home has 6 bedrooms, 5 bathrooms, and an attached garage. The 2010 built wood frame, metal clad fruit storage building has concrete floors, 1 dock, and is fully serviced though has no cooling.

For sale by court order. Sold as-is, where-is. A rare opportunity to acquire 37.63 acres of level agricultural land in Summerland's desirable Trout Creek neighbourhood. Located within the Agricultural Land Reserve, the property is predominantly planted with a productive cherry orchard featuring Staccato and Sentennial varieties. A small heritage-designated cabin is nestled among the trees. Positioned just off Highway 97, the property provides convenient access for agricultural operations while remaining steps from Okanagan Lake and minutes from the amenities of Summerland and Penticton. Surrounded by an established residential community, this unusually large parcel offers excellent exposure, accessibility and long-term agricultural potential in one of the Okanagan Valley's most sought-after growing regions. All offers are subject to approval by the Supreme Court of British Columbia.

CLICK TO VIEW VIDEO: Experience luxury mountain lodge living in the heart of Naramata at 3264 Naramata Rd. This exceptional home combines timeless craftsmanship with breathtaking views of Okanagan Lake and the surrounding valley. The grand main living area welcomes you with soaring ceilings, custom wood details, and a stunning fireplace finished with locally harvested natural cultured stone, creating a warm and inviting atmosphere throughout. The spacious kitchen features a large island, ample workspace, and easy access to the expansive view deck, perfect for entertaining or relaxing while taking in the scenery. Upstairs, the spa-inspired primary suite offers a private retreat, complemented by two additional bedrooms and a generous landing area ideal for games, recreation, or gathering with family and friends. A versatile mezzanine provides space for hobbies, a home office, creative pursuits, or a potential fifth bedroom. The lower level offers excellent guest accommodations and includes a finished sauna for the ultimate relaxation experience. Outside, the beautifully landscaped grounds feature synthetic turf, mature trees, gardens, a bocce court, and space to practice your golf game. Located just minutes from Naramata Village, award-winning wineries, beaches, and endless outdoor recreation, this is a rare opportunity to enjoy the best of the Okanagan lifestyle. (id:58753)

Offering of a profitable, family-run winery producing exceptional-quality wines. Set on 5.19 acres just outside Naramata Village, this property captures unobstructed, spectacular Okanagan Lake views from the charming country home, vineyard, and boutique estate winery. The approximately 2,000 square foot residence offers four bedrooms, three bathrooms, a gas fireplace, and a wraparound deck made for taking in the view. The kitchen was remodeled and the interior refreshed in 2020, creating a comfortable estate home at the heart of the property. This former horse pasture has been transformed into an established vineyard and winery with 2 acres of planted vines (Chardonnay and Pinot Noir), a 300 square foot tasting room/wine shop, a 1,600 square foot production building, and an 800 square foot outdoor concrete crush pad. Equipment, inventory, brand, leased vineyard, and all business assets included. The property also offers parking, electric deer/bear fencing, a lockable gate, municipal irrigation, separate septic systems, and substantial power service supporting the residential and winery uses. A potential site for a secondary residence or guest accommodation adds flexibility. A rare chance to acquire a scenic Naramata Bench acreage with an established wine business, close to the KVR Trail, Naramata Village, Penticton, and the best of Okanagan outdoor living. Confidential information package available to qualified buyers. Operating business, do not discuss sale with staff.

Perched above the vineyards and shimmering waters of the Okanagan, Lot 10 at Grace Estates presents an exceptional opportunity to create a custom luxury estate in one of Naramata’s most private and scenic countryside settings. Spanning approximately 3.138 acres, this rare bare land strata lot offers expansive building potential surrounded by rolling hillsides, natural landscape, and breathtaking views within an exclusive 11-lot community. Grace Estates has been thoughtfully designed to preserve privacy, natural beauty, and architectural integrity through a comprehensive building scheme and design guidelines, creating a cohesive luxury rural enclave. Owners have the flexibility to design and build their dream residence with a licensed BC builder, subject to architectural approval, with no mandatory timeline to begin construction. The zoning permits a single detached dwelling, secondary suite, home occupation, and agricultural uses, making it ideal for those envisioning a luxury residence paired with vineyard rows, orchard plantings, or an expansive outdoor lifestyle. Multiple building site options due to registered easement; An extensive architectural rendering package is available for review from Sanders Green Architecture Ltd for inspiration. Utilities including water, electricity, gas, and telecommunications are designed to service the development, while each property includes designated septic field areas for individual servicing. Accessed via North Naramata Road and internal private strata roads, Grace Estates offers a peaceful escape only minutes from the renowned wineries, beaches, trails, and village charm of Naramata. Here, residents can experience the perfect blend of luxury country living and Okanagan recreation, all within close proximity to Penticton amenities. An extraordinary opportunity to secure acreage, privacy, and lifestyle in one of the South Okanagan’s most coveted emerging luxury communities. Disclaimer: Lot Sale. Renderings are concept only.