4201 SKAHA LAKE Road, Penticton

2026-06-13
 

Quick Summary

Location
4201 SKAHA LAKE Road, Penticton, British Columbia V2A0K4
Price
$4,495,000 CAD
Status:
For Sale
Property Type:
Hospitality
Garages:
19
Year of Construction:
1960

MLS®#10390057

Property Description

This premier boutique all suite room motel and Nordic Spa represents a rare investment and lifestyle opportunity with direct proximity to Skaha Lake’s popular beachfront. Located at 4201 Skaha Lake Road in Penticton, the property offers convenient guest underpass access to Barefoot's private beach, positioning it as a turnkey operation in one of the Okanagan Valley’s most desirable tourist and recreational destinations. The improvements consist of 16 well-appointed guest suites plus managers suite, many featuring full kitchens, modern appliances, premium bedding, and private balconies or patios, alongside a Nordic Spa component that enhances the guest experience with wellness amenities. The listing price reflects a competitive and well-supported offering that delivers an attractive going-in cap rate in the mid-to-upper 8% range (based on current stabilized NOI performance), which is compelling relative to broader Okanagan and BC motel/hospitality benchmarks. This provides investors with solid cash-on-cash returns alongside meaningful upside from further operational efficiencies, spa expansion, or repositioning in a market where quality lakeside product remains scarce. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Nearby, Airport, Recreation, Shopping

Building

  • Cooling Type: Wall unit, Window air conditioner
  • Fireplace: No
  • Building Type: Other
  • Utility Water: Well

Features

  • Feature: Level lot, Private setting

Land

  • Land Size: 0.53 ac|under 1 acre
  • Sewer: Municipal sewage system

Information entered by Macdonald Realty
Listing information last updated on: 2026-06-15 20:22:31


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal