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$3,995,000
British Columbia,Penticton
For Sale Active
4201 SKAHA LAKE Road, Penticton, British Columbia V2A0K4
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Basic Details
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:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 10390057
  • Price: $3,995,000
  • Year Built: 1960
  • Status: Active
  • Office Name: Macdonald Realty
  • Property Sub Type: Hospitality
  • Office Key: 300265
Features & Appliances
Features
  • Heating System: Forced air, Baseboard heaters, Electric, See remarks
  • Cooling System: Window air conditioner, Wall unit
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Penticton, V2A0K4
  • Street: SKAHA LAKE
  • Street Number: 4201
  • Street Suffix: Road
  • Longitude: W120° 23' 29.5''
  • Latitude: N49° 27' 4.9''
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Lot Size Dimensions: 0.53
Financial
  • Tax Annual Amount: 20842.88
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Listing updated: 2026-09-23 02:30:35
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Listing Information
  • List Agent Key: 2212929
  • List Office Key: 300265
  • Modification Timestamp: 2026-09-15T17:20:00Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-09-15T17:19:22Z
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Listing updated: 2026-09-23 02:30:35
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