Community Spotlight — Grace Estates, Naramata BC

Eleven estate properties.
Above Naramata Village.

An exclusive 11-lot development of estate-sized properties of about 2.5 acres at 4650 North Naramata Road, with four lots listed from $756,000 per MLS® listings.

Grace Estates is described in MLS® listings as an exclusive development of 11 estate-sized properties above Naramata Village, with orchard and vineyard surroundings and Okanagan Lake views. Four lots are active, $756,000–$1.099 million. Lot 2 (2.47 acres) is described as the flattest, with electricity and water to the lot line and paved roads.

11 lotsPer MLS® listing
~2.5 acresPer MLS® listings
4 lots activeOct 9, 2026
$756K–$1.1MLot asking range

Days on market range from about 40 to 190 days per the MLS® export.

Who Grace Estates Is For

Buyers who want to build on the Naramata Bench

Grace Estates suits buyers who want privacy and acreage within a short drive of Naramata Village and Penticton.

Listings mention paved roads and electricity and water to the lot line. Ask about septic, gas and internet.

Because the development sits among orchards and vineyards, ask about farming activity such as spraying, noise and equipment.

📋 Grace Estates at a glance

  • 🏗️Type: Estate building lots
  • 📍Location: 4650 North Naramata Road, Naramata
  • 🔢Lots: 11 per MLS® listing
  • 📐Lot size: About 2.5 acres per MLS® listings
  • 🔌Services: Electricity and water to the lot line, paved roads per listing — confirm
  • ⏱️Distance: Minutes to the village and about 15 minutes to Penticton per listing
What Buyers Need to Know

Buying at Grace Estates — the important details

🔌 Servicing

Confirm water, sewer or septic, power and gas for the specific lot, and any connection costs.

📜 Covenants & Building Scheme

Ask for title documents, covenants, design guidelines and any building deadlines.

🏗️ Build Costs

Pat's construction background helps estimate site, servicing and build costs before you commit.

💰 Taxes

New lots can involve GST and Property Transfer Tax. Confirm for your situation.

📐 Site Review

Check slope, drainage, access and geotechnical conditions for the specific lot.

🔍 Pat's Assessment

Pat can compare Grace Estates against other Naramata Bench building lots and flag construction or maintenance concerns before you commit.

📄 BC Depreciation Report Rule

Since July 1, 2024, a strata corporation with five or more lots (bare land stratas included) can no longer defer a depreciation report by a ¾ vote. Outside Metro Vancouver, the Fraser Valley and the Capital Regional District, a strata with no report, or only one dated before December 31, 2020, has until July 1, 2027 to obtain one. See the full guide →

Market Snapshot — MLS® export of October 9, 2026

Market activity at Grace Estates

📋 Active Listings

4 active in the MLS® export of October 9, 2026 — $756,000 – $1,099,000

Dated snapshot: figures are from the MLS® active-listings export of October 9, 2026 and may not reflect availability, pricing or sales since that date. Facts marked “per MLS® listing” come from listing remarks and fields and may differ by unit — verify strata fees, rules and building details in the strata documents. Pat can pull recent sold comparables for any unit you are considering.

Frequently Asked Questions

Grace Estates — quick answers

How many lots are in Grace Estates?

Per an MLS® listing, 11.

How big are the lots?

About 2.5 acres each per listings.

What services are available?

One listing says electricity and water to the lot line. Confirm septic and other services.

Relevant Guides

Free guides for condo and townhome buyers

Interested in Grace Estates?

Pat can compare Grace Estates against other Naramata Bench estate lots and help you estimate the cost to build.

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