Browse by Lifestyle — Ultra-luxury ($3M+)

Ultra-luxury estates
and legacy properties.

35 residential listings are priced at $3 million or more across the South Okanagan, from $3.2M to $19.5M, in the October 9, 2026 MLS® export.

These are the top of the market: lakefront estates, working vineyards and wineries, large orchard and ranch properties and architecturally significant homes. At this level the asset is often the land, frontage, water or business, not just the house. $3M is Pat's working line for ultra-luxury on this site.

35Active listings (Oct 9, 2026)
$3.2M–$19.5MAsking price range
35Listed at $1.5M or more
$4.25MMedian asking price

Counts and prices are aggregates of MLS® active listings exported October 9, 2026. No individual listings are shown.

What this category means

Buyers looking at trophy, legacy or operating properties

At $3M and up, due diligence widens: title and foreshore, water licences, ALR status, business records, equipment and succession.

Many listings are estates or farms, so the value mix of land, buildings and income needs separate analysis.

Pat can coordinate surveys, inspections and specialist advice so you are not managing it alone.

📋 This category at a glance

  • 📋Active listings: 35 match this category in the Oct 9, 2026 MLS® export
  • 💵Asking range: $3,198,000 to $19,500,000
  • 📊Median asking: $4,250,000
  • 🏙️Most listings: Penticton (16), Osoyoos (6), Summerland (5)
  • 🔎Definition: Residential listings at $3M or more
What Buyers Need to Know

What buyers should know

💰 Closing Costs

Property transfer tax and other closing costs rise with price. See the BC Tax Guide and plan for them.

🔍 Inspection Depth

Larger custom homes have more systems to inspect: pools, hot tubs, mechanical, audio and automation. Pat's construction background helps.

🍇 ALR & Farm Rules

Agricultural Land Reserve land carries use and subdivision rules. Confirm status, permitted uses and any secondary-dwelling rules.

💧 Irrigation & Water Licences

Ask what water supply and licence the property has, and whether it transfers.

🌊 Foreshore, Dock & Beach

Confirm exactly what is owned versus Crown foreshore, and whether any dock or moorage is authorized. Ask for the survey and any rights-of-way.

Market Snapshot — October 9, 2026

Where these properties are listed

Osoyoos

6 listed — $3,495,000 to $11,590,000 (median $4,375,000)

Oliver

2 listed — $3,250,000 to $4,988,888

Keremeos & Cawston

4 listed — $3,500,000 to $5,250,000 (median $4,261,000)

Okanagan Falls & Kaleden

1 listed — $3,900,000 to $3,900,000

Penticton

16 listed — $3,300,000 to $19,500,000 (median $4,424,000)

Summerland

5 listed — $3,198,000 to $9,900,000 (median $3,744,000)

Princeton & area

1 listed — $3,299,000 to $3,299,000

Figures are asking prices from MLS® active listings exported October 9, 2026 and describe only what is currently listed. They are not sale prices or a market forecast. Facts marked “per MLS® listing” come from listing remarks and may differ by property.

How the numbers are counted

By town and category

Area$1.5M+$3M+WaterfrontAcreageVineyardGolfLotsTownhomesCondosDetached
Osoyoos27610967111167242121143
Oliver12223231425131711111
Keremeos & Cawston8442112–95154
Okanagan Falls & Kaleden1719231111156858
Naramata11–31310134––25
Penticton4916172917164497107188
Summerland275142310630272091
Princeton & area5113421–284–68
All1563519224186175245198268738

A listing can fall in several categories, so columns overlap. Categories use list price, property type, lot size and listing-remark keywords, so they are approximate.

Related neighbourhoods & guides

Neighbourhoods, communities and guides

Frequently Asked Questions

Ultra-luxury ($3M+) — quick answers

How many ultra-luxury ($3m+) listings are there?

The Oct 9, 2026 MLS® export shows 35 that match, priced $3.2M–$19.5M. Inventory changes daily.

What types of property are in this tier?

Mostly lakefront and large estates, vineyards and wineries, orchards and ranches, and a few new custom homes.

Are these only in Penticton?

Penticton has the most, but other towns have estates and farms at this level too. See the table.

Looking for ultra-luxury ($3m+)?

Pat can bring a measured, detailed view to ultra-luxury properties, including construction, land, water and business questions.

Talk to PatAll Communities →