Penticton Land for Sale

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. (id:5764)

880 Naramata Road, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

$2,900,000

10395755 MLS® #

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. (id:5764)

880 Naramata Road, Penticton

Listing courtesy of Engel & Volkers South Okanagan.

$550,000

10393232 MLS® #

Enjoy excellent views of both lakes from this private 10.5-acre rural property. Mostly treed, the land offers several promising building sites and backs onto Crown land, providing endless opportunities to explore the surrounding wilderness. Take in gorgeous sunsets and peaceful surroundings from this quiet location at the end of Carmi Road, adjacent to the cul-de-sac with minimal traffic. (id:5764)

3011 Carmi Road, Penticton

Listing courtesy of Royal LePage Locations West.

$1,250,000

10395148 MLS® #

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. (id:5764)

274 Kinney Avenue, Penticton

Listing courtesy of Sotheby's International Realty Canada.

$649,000

10394913 MLS® #

Centrally located, 0.167 acre duplex zoned building lot in Penticton. Alley access in the back. Short walk to shopping, restaurants, schools and parks. Plans and renderings available. (id:5764)

79 Okanagan Avenue West, Penticton

Listing courtesy of Chamberlain Property Group.

$550,000

10394875 MLS® #

In the heart of town, opportunity knocks. This large, RM2-zoned double lot offers exceptional potential for homeowners, investors, and developers alike. Located just steps from the beach, shopping, restaurants, and everyday amenities, the value here extends well beyond the existing home. The existing residence occupies one side of the property, while the second lot is ready for your vision, creating a rare opportunity to build while retaining, renovating, or reimagining the current home. Surrounded by newer homes and recent redevelopment, the property is ideally positioned for future development. RM2 zoning allows for a variety of residential possibilities, including the potential for a duplex or fourplex (buyer to verify with the municipality). Whether you're looking to renovate, invest, develop, or explore a combination of options, this property offers flexibility to match your vision. Large, centrally located development parcels are becoming increasingly difficult to find. With desirable zoning, a walkable location, a rare double lot, and multiple paths forward, this is an exceptional opportunity to secure a property with outstanding long-term potential. (id:5764)

440 Westminster Avenue West, Penticton

Listing courtesy of eXp Realty.

$1,949,000

7 Beds ⋅ 5 Baths ⋅ 10394331 MLS® #

COURT ORDERED SALE. An exceptional investment opportunity unlike any other. Situated on 6.34 acres of prime agricultural land within Penticton city limits, this income-producing estate offers the perfect balance of lifestyle, agriculture, and long-term investment potential. With the potential to generate approximately $10,000 per month, this is a rare opportunity to own a legacy property in one of the Okanagan's most desirable locations. Framed by sweeping views of Skaha Lake and the Penticton Airport, the property features 4+ acres of mature Centennial, Christina, Staccato, and Skeena cherry orchards, creating an established agricultural operation with room to grow. Additional prepared planting areas offer opportunities to expand production, diversify crops, or create your own hobby farm or vineyard. The 4,300 sq. ft. main residence offers incredible scale and the opportunity to transform it into a stunning country estate. A second residence and additional rental suites further enhance the property's income potential, while the annually leased orchard provides consistent returns. Whether you're building your investment portfolio, expanding an agricultural operation, or searching for a one-of-a-kind Okanagan estate with multiple income streams, this property offers exceptional versatility and lasting value. Opportunities like this are exceptionally rare! Experience the possibilities. Contact the listing agent today to arrange your private tour. (id:5764)

2885 Valleyview Road, Penticton

Listing courtesy of Oakwyn Realty Ltd..

$775,000

10394084 MLS® #

A large flat building lot close to one of Penticton's lakes is a rare find. Located just one block from Skaha Lake park, on the corner of Lee and Cypress, this south-end neighbourhood has become the preferred choice for locals in the know. Close to 1/4 acre, the house and garage were removed in 2023 and the foundations demolished - it's now a blank slate for a variety of possibilities: SINGLE-FAMILY RESIDENCE: there's ample room for a sizable home, pool and private carriage house with its own alley access. The existing hedging provides immediate privacy. MULTIPLE-FAMILY DEVELOPMENT: Current zoning allows for a maximum of 4 units. With access from the west and north sides of the property, there's flexibility to be creative in an area appealing to both local retirees who are downsizing and seasonal residents. Contact your Realtor for zoning information or to view. (id:5764)

105 Lee Avenue, Penticton

Listing courtesy of Royal LePage Locations West.

$459,900

10393186 MLS® #

35 x 100 Lot Ready to Build – Zoned R4-S! Fantastic opportunity in a walkable neighborhood just blocks from Okanagan Lake, downtown, restaurants, breweries, the farmers' market, and year-round amenities. Zoned R4-S, this versatile property offers excellent development potential, permitting single detached homes, secondary suites, carriage houses, duplexes, townhomes, or small apartment buildings, with the potential for up to four units on serviced urban lots. Front and rear lane access provides added flexibility for site design, parking, and development. An excellent opportunity to build in one of Penticton's most desirable central locations. Find Yourself Living Here! (id:5764)

515 Heales Avenue, Penticton

Listing courtesy of eXp Realty.

$949,000

10392997 MLS® #

Flexible C5 zoning for this development property on Main Street in Penticton. 80ft by 100ft with alley access in a desirable location close to shopping, schools, Penticton's farmers market, Okanagan Lake and all the amenities that the downtown core has to offer. Maximum height of 36.6 meters, 100% lot coverage and a FAR of 6 that will allow a multi story building, best suited for ground floor commercial with residential above. Contact the listing agent for details! (id:5764)

582/598 Main Street, Penticton

Listing courtesy of Royal LePage Locations West.

$599,000

10392998 MLS® #

Development opportunity in the up and coming Northern Gateway of Penticton. This clear lot is walking distance to the shores of Okanagan lake with multiple projects already under construction in the area. The lot has 50 ft of frontage on Westminster Ave and 120 ft deep with lane access providing a perfect footprint for a fourplex. Preliminary building plans available. Contact the listing agent for details! (id:5764)

762 Westminster Avenue, Penticton

Listing courtesy of Royal LePage Locations West.

$400,000

10392897 MLS® #

Development opportunity available on a centrally located flat lot in Penticton. Preliminary plans drawn for four units, each containing 3 bedrooms and 3 bathrooms over 1260 sqft per unit. As the need for affordable housing increases, these units will attract a wide range of potential purchasers. Dual access to the property from Okanagan Ave and the rear laneway allows for flexible building options. Contact the listing agent for details! (id:5764)

25 Okanagan Avenue West, Penticton

Listing courtesy of Royal LePage Locations West.

Penticton Land for Sale

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