4201 SKAHA LAKE Road, Penticton, BC V2A0K4
4201 SKAHA LAKE Road, Penticton, BC V2A0K4
4201 SKAHA LAKE Road, Penticton, BC V2A0K4
4201 SKAHA LAKE Road, Penticton, BC V2A0K4
4201 SKAHA LAKE Road, Penticton, BC V2A0K4
4201 SKAHA LAKE Road, Penticton, BC V2A0K4
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Deanna Jones

Deanna Jones

+1(250) 486-1889
$ 3,995,000
Est. payment | /mo

0.53 Acres Lot

Save
$ 3,995,000
Est. payment | /mo
Save

0.53 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Main South

MLS® Listing ID 10390057

Year Built 1960

Lot Size 0.530 Acres

Acres 0.53

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 NEW listing price reflects a competitive and well-supported offering that delivers an attractive going-in cap rate in the mid-to-upper 7% range (based on current normalized trailing 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:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, , Forced air, See remarks

Cooling Wall unit, Window air conditioner

Exterior

Parking Features No

Community Features Family Oriented

View Y/N No

Attached Garage No

Total Parking Spaces 19

Garage No

Private Pool No

Building

Lot Description Level

Sewer Municipal sewage system

Powered by: REALTOR.ca
Listed by Macdonald Realty

Nearby Locations

Deanna Jones

"After more than a decade of helping people buy and sell homes throughout the Okanagan, from Osoyoos to the Shuswap, I understand that every move is personal. Whether you are buying, selling, or simply exploring your options, I would be happy to help you reach your real estate goals. "

+1(250) 486-1889

deanna.jones@exprealty.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Deanna Jones, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

4201 SKAHA LAKE Road