$4,495,000
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4201 Skaha Lake Road, Penticton, BC V2A0K4

This premier boutique all suite room motel and Nordic Spa represents a rare investment and lifestyle opportunity with direct proximity to Skaha Lakes 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 Valleys 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:58753)

  • MLS® 10390057
  • Date Listed06/12/2026
  • Days on Realty 47 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 23,087 sq. ft
  • Sewer Public Sewer
  • Property Type Other
  • Year Built 1960
  • Water Well

Interior Features

  • Cooling Window air conditioner, Wall unit
  • Heating Baseboard heaters, Forced air, Electric, See remarks

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 23,086.80
  • Lot Features Level lot, Private setting

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V2A0K4

Discover key demographics, population statistics, and environmental insights for the Penticton, BC area.

Walkability in BC / V2A0K4

Source: Walk Score

23/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

31/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 0/100, Bike Score: 35/100.

Points of Interest near 4201 SKAHA LAKE Road, Penticton, BC V2A0K4

Frequently Asked Questions for 4201 SKAHA LAKE Road

Source: Realty.com

4201 SKAHA LAKE Road, Penticton, BC V2A0K4 in Penticton, BC V2A0K4 is a other listed at $4,495,000. Highlights include built in 1960. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 4201 SKAHA LAKE Road.

Our records indicate that 4201 SKAHA LAKE Road was built in 1960.

The full address for this home is 4201 SKAHA LAKE Road, Penticton, BC V2A0K4.

4201 SKAHA LAKE Road has been listed on Realty.com since Fri June 12, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 29/100, Transit Score: 0/100, Bike Score: 35/100.

Listing provided courtesy of: Macdonald Realty
Listing agent: Steven Nicholson

This content last refreshed on 2026-07-29 04:44:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.