4201 Skaha Lake Road Penticton, British Columbia V2A 0K4

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Wall Unit, Window Air Conditioner Baseboard Heaters, Forced Air, See Remarks Level

$3,995,000

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:64133)

Property Details

MLS® Number	10390057
Property Type	Hospitality
Neigbourhood	Main South
AmenitiesNearBy	Golf Nearby, Airport, Recreation, Shopping
CommunityFeatures	Family Oriented
Features	Level Lot, Private Setting
ParkingSpaceTotal	19

Building

Constructed Date	1960
Cooling Type	Wall Unit, Window Air Conditioner
Heating Fuel	Electric
Heating Type	Baseboard Heaters, Forced Air, See Remarks
Type	Other
Utility Water	Well

Land

Access Type	Easy Access, Highway Access
Acreage	No
Land Amenities	Golf Nearby, Airport, Recreation, Shopping
Landscape Features	Level
Sewer	Municipal Sewage System
Size Irregular	0.53
Size Total	0.53 Ac\|under 1 Acre
Size Total Text	0.53 Ac\|under 1 Acre

Aerial

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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Last Updated
September 15 2026 05:19:22

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TESTIMONIALS

Our Valued Clients

Ashley Harvey

Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.
Jen Platman

Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!
Tom S

Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.