Price per planted cherry acre — sold vs. asking
Sold comps stripped of improvements · Active listings at asking · Benchmark range shaded
Valuation benchmarks
Land-only values after stripping improvements · South Okanagan cherry land · Based on 11 verified sold comps
Large block · 15+ acres$160–210Kper planted cherry acre
Mid block · 6–15 acres$210–250Kper planted cherry acre
Small block · 3–6 acres$230–275Kper planted cherry acre
Unplanted / balance$40–75Kper acre
Premium variety (Staccato, Sentennial)+5–15%
Documented yield / production history+5–10%
Owned irrigation licence+5–10%
Cooler / packing shed on title+$80–200K additive
Older varieties / restoration needed-10–20%
Leased trees (land only)-10–15%
Osoyoos vs. Summerland/Naramata-5–10%
Young trees (yrs 1–3)-15–25%
ActiveEstate premiumNaramata
2119 Naramata Road
Naramata, South Okanagan
$12,988,00062 DOM
Total acres9.02 ac
Cherry acres~4 ac income
Home11,463 sqft (2015)
Est. improvements$4.5–6M
Cherry (income)Pool + wine cellarTheatreGeothermal + solar
Net land value~$7–8.5M
$/cherry acResort pricing — not a land comp
Estate/resort pricing dominates. Cherry income is incidental. Not a useful cherry land benchmark.
ActiveAt benchmarkSummerland
4500 Landry Crescent
Summerland · Trout Creek, South Okanagan
$7,900,00041 DOM · Court-ordered
Total acres37.63 ac
Cherry acres~35 ac
ImprovementsVacant land
$/total acre$210K/ac
SentinelStaccato5th year growthA1 zoning · Flat
Net land value$7,900,000 (pure land)
$/cherry ac~$210K/ac
Cleanest large-block comp in current market. Foreclosure may allow $180–200K/ac. Best large-block buying opportunity available.
ActiveAbove benchmarkNaramata
2805 Aikins Loop
Naramata, South Okanagan
$7,500,000231 DOM
Total acres25.23 ac
Cultivated19 ac
Home4,343 sqft (2019)
$/cultivated ac$247–279K
CherryGrapes16kW solar70×44 shopPool
Est. improvements$2.2–2.8M
Net land value~$4.7–5.3M
Mixed vineyard + cherry — cherry not isolated. 231 DOM signals price resistance. Naramata bench premium partially justified.
Active35% overpricedOsoyoos
2304 82nd Avenue
Osoyoos, South Okanagan
$6,950,000138 DOM
Total acres21.77 ac
ImprovementsVacant land
Asking $/ac$319K/ac
Benchmark$210–240K/ac
CherryPeach · ApricotPear · Apple58yr history · 2 wells
Net land value$6,950,000 (pure land)
Fair value estimate~$4.6–5.2M
Asking $319K/ac vs $210–240K/ac benchmark. 138 DOM with no sale. Seller claiming "golden circle" micro-climate premium of 35% above market evidence.
ActiveAbove benchmarkLake Country
14911 Oyama Road
Lake Country · Oyama, Central Okanagan
$6,700,00095 DOM
Total acres7.73 ac
Cherry trees~3,500 trees
Home6,207 sqft (2006)
$/cherry ac~$453–543K
LapinStaccatoCentennialPlanted 2003Wine cellar · Gym
Est. improvements$2.5–3.2M
Net land value~$3.5–4.2M
Central Okanagan Oyama premium. Estate home drives price above pure land benchmarks. Cherry trees are a feature, not the primary value driver here.
ActiveAbove benchmarkKelowna
1409 + 1429 Teasdale Road
Black Mountain, Kelowna · 2 titles
$4,995,000117 DOM
Total acres13.44 ac
Cherry acres~10–11 ac
Home4,569 sqft
OperationU-pick
RainierCristalinaSkeenaStaccatoStella
Est. improvements$1.2–1.6M
Net land value~$3.4–3.8M
$/cherry ac~$309–380K/ac
U-pick premium + 2 titles + Central Okanagan location justify some premium. Still above benchmark — 117 DOM suggests market is not fully accepting the ask.
ActiveAbove benchmarkSE Kelowna
4235 Todd Road
Southeast Kelowna · 1 DOM · New
$4,299,0001 DOM · New listing
Total acres12.81 ac
Cherry acres8.96 ac
Home + 2nd res.3,500 + 1,400 sqft
$/cherry ac~$290–335K
Lapin · 7.58 acBenton · 1.38 ac~7 years old
Est. improvements$1.3–1.7M
Net land value~$2.6–3.0M
Two residences add value above benchmark. Fresh listing — market has not yet tested this price. SE Kelowna commands premium over South Okanagan.
ActiveTop of rangeSE Kelowna
4400 Jaud Road
Southeast Kelowna · New listing
$4,199,0004 DOM · New listing
Total acres17.66 ac
Cherry acres~14 ac
Home2,117 sqft (1945)
$/cherry ac~$264–279K
Sentennial · 10.84 acStaccato · 3.21 ac~7 years old
Est. improvements$300–500K
Net land value~$3.7–3.9M
Premium Sentennial + Staccato varieties. Large block with older home — mostly a land deal. At top end of mid-block benchmark. New to market.
ActiveNot a cherry compN Glenmore
371 Valley Road (Units 1–3)
North Glenmore, Kelowna
$3,950,000446 CDOM
Total acres13.7 ac
Current cropAlfalfa
Home8,414 sqft multi-res
CherryPotential only
Alfalfa (11.5 ac)No current orchardPool
Est. improvements$2.5–3.2M
Net land value~$750K–$1.45M
Multi-res complex, no orchard. 446 DOM. Not a cherry land comp — included for reference as neighbouring land market data.
ActiveIncome-justifiedOsoyoos
10150 146th Avenue
Osoyoos, South Okanagan
$3,999,00034 DOM
Total acres10 ac
Cherry acres8 ac
Rental income$58,260/yr
Dwellings5 rental houses
Cherry (8 ac)Ground crop5 rentalsWind machine
Est. improvements$800K–$1.2M
Rental cap value (@7%)~$832K
Cherry land stripped~$244–294K/ac
Rental income (~$832K cap value) justifies above pure land benchmark. Strip both out and cherry land aligns with upper mid-block. Price defensible.
ActiveEstate-drivenRutland N
1145 McKenzie Road
Rutland North, Kelowna · New listing
$3,900,0001 DOM · New
Total acres10.71 ac
Cherry acres~4 ac
Home5,049 sqft (1996)
$/cherry ac~$400–525K
Cherry (~4 ac)Cherry cooler6-car garage
Est. improvements$1.8–2.3M
Net land value~$1.6–2.1M
Estate home dominates — cherry trees are incidental at only 4 acres. Not a reliable cherry land comp at this $/ac figure.
Active330 DOM — staleKeremeos
2626 Middle Bench Road
Keremeos, South Okanagan
$3,900,000330 DOM · Price raised from $3.2M
Total acres9.61 ac
Cherry acres~7 ac (ALR)
Home4,410 sqft timber
Shop87×35×16.5
Cherry (7 ac)Timber frame homeGreenhouseSolar
Est. improvements$1.8–2.4M
Net land value~$1.5–2.1M
Price was RAISED $3.2M → $3.9M despite 330 DOM — a definitive market rejection. This is a strong signal the original ask was already too high.
Active50%+ overpricedOliver
5676 Yarrow Street
Oliver, South Okanagan
$3,399,000120 DOM
Total acres9.97 ac
Cherry acres~8.5 ac
Asking $/cherry ac~$368K/ac
Benchmark$230–250K/ac
Sweetheart · 4 acLapin · 2 acRainier · 2 acSkeena · 0.5 ac
Est. improvements$200–350K
Net land value~$3.05–3.2M
Fair value estimate~$2.0–2.15M
Asking $368K/cherry ac vs $230–250K/ac benchmark. 120 DOM with no sale. Market has rejected this price. ~50% above comparable sold comps.
ActiveIn rangeNaramata
3910 North Naramata Road
Naramata, South Okanagan · 2 titles
$2,998,00026 DOM
Total acres11.34 ac (2 titles)
Irrigated11 ac
Home2,382 sqft (1920/reno)
$/total ac~$181–203K/ac
CherryPearApplePeach2 separate titles
Est. improvements$700–950K
Net land value~$2.05–2.3M
Mixed fruit reduces $/ac vs pure cherry. 2 titles adds development optionality. Naramata bench premium justified. Reasonable ask at 26 DOM.
Active428 CDOM — staleGlenmore
2547 Sexsmith Road
Glenmore, Kelowna
$2,992,500428 CDOM
Total acres11.9 ac
Cherry acres6.5 ac (leased)
Home3,773 sqft
$/cherry ac~$198–260K
Cherry (leased)Pool + cabinMobile home
Est. improvements$1.3–1.7M
NoteLeased trees — land value only
Cherry trees are leased — buyer acquires land, not production income. 428 CDOM is a definitive market rejection signal.
ActiveIn rangePenticton
1260 Broughton Avenue
Upper Bench, Penticton · 118 DOM
$2,550,000118 DOM
Total acres8.74 ac
Cultivated8 ac (leased)
Home2,500 sqft
$/total ac~$183–212K/ac
CherryApple (Ambrosia/Gala)PeachFruit stand + Quonset
Est. improvements$700–950K
Net land value~$1.6–1.85M
Apple-dominant mixed fruit on the Wine Route. Orchard is leased out. 118 DOM without sale. In range for mixed production land.
ActiveLow end of rangeNaramata
4550 Gulch Road
Naramata, South Okanagan
$1,650,00081 DOM
Total acres4.97 ac
Cherry acres~4.5 ac
Home2,251 sqft (1950)
$/cherry ac~$201–242K
LapinPanoramic lake views2 road frontages
Est. improvements$450–650K
Net land value~$1.0–1.2M
Small-block benchmark $230–275K/ac. This sits at low end — reasonable. Naramata bench + lake views + 2 road frontages adds appeal.
ActiveFloor compSummerland
5803 Lewes Avenue
Summerland, South Okanagan
$898,900Reduced from $999K · 166 CDOM
Total acres4.35 ac
ImprovementsVacant land
$/total ac~$207K/ac
ZoningALR
Apple (Gala/Golden/Fuji)Centennial cherry (0.5 ac)High density
Net land value$898,900 (vacant)
$/total ac~$207K/ac
Apple-dominant. Price reduced — finding market floor. Useful data point: apple land = below cherry land value. Establishes orchard land floor at ~$207K/ac for Summerland.
ActiveSmall block · floorOliver
4250 Highway 97
Oliver, South Okanagan
$739,000Reduced from $849K · 63 DOM
Total acres2.83 ac
Cherry acres~2 ac
Home1,745 sqft (1970)
$/cherry ac~$145–220K
CristalinaLapinApricot · PeachTractor included
Est. improvements$300–450K
Net land value~$289–440K
Price reduced — finding bottom. Small hobby-scale. Supports ~$200–220K/ac floor for small South Okanagan cherry land. Useful lower bound data point.
No active listings match your filters.
SoldKelowna
3700 Pooley Road
Kelowna, Central Okanagan
$7,300,000Sold price
Total acres49.17 ac
Cherry acres~30 ac
Est. improvements$1.5–2.5M
$/total ac$148K/ac
Cherry (~30 ac)Large scale operation
Net land value$4.8–5.8M
$/planted cherry ac$160–193K/ac
Largest block in dataset. Confirms $160–210K/ac ceiling for 30+ ac operations. Sets the large-block discount benchmark.
SoldKelowna
2990 Dunster Road
Kelowna, Central Okanagan
$4,150,000Sold price
Total acres27.4 ac
Cherry acres~14 ac
Est. improvements$900K–$1.2M
$/total ac$151K/ac
Cherry (~14 ac)Apple (~7 ac)
Net land value$2.95–3.25M
$/planted cherry ac$211–232K/ac
Strong mid-large block comp. Cherry + apple mix. Confirms $210–250K/ac mid-block range for Central Okanagan cherry land.
SoldKelowna
3769 Spiers Road
Kelowna, Central Okanagan
$3,035,000Sold price
Total acres7.0 ac
MixApple + cherry
$/total ac$433K/ac
NoteNo cherry split
Cherry + apple mix
$/total ac$433K/ac — improvement-heavy
High $/ac driven by significant improvements. No cherry/apple split available — not a clean cherry land benchmark.
SoldPenticton
1021 Fleet Road
Penticton, South Okanagan
$2,633,000Sold price
Total acres8.6 ac
MixApple/cherry/peach
Est. improvements$900K–$1.1M
$/total ac$306K/ac
CherryApplePeach
Net land value$1.53–1.73M
$/total ac (land only)~$178–201K/ac
South Okanagan mixed fruit comp. Land at $178–201K/ac — confirms lower end for mixed vs. pure cherry operations.
SoldSummerland
8211 Front Bench Road
Summerland, South Okanagan
$2,350,000Sold price · Cleanest comp
Total acres10.0 ac
Cherry acres6 ac (pure Lapin)
Est. improvements$700–950K
Yield75,000 lbs doc.
Lapin (6 ac pure)75,000 lb documented yield
Net land value$1.4–1.65M
$/planted cherry ac$233–275K/ac
Cleanest South Okanagan cherry comp. Pure Lapin, documented yield. Sets the mid-block ceiling benchmark at $233–275K/ac. Highly relevant anchor.
SoldLake Country
15291 Middle Bench Road
Oyama, Lake Country
$1,410,000Sold price
Total acres10.89 ac
PlantedNo orchard
$/total ac$129K/ac
NoteUnplanted land floor
No current orchardAgricultural land
$/total ac$129K/ac — bare ag land
Important floor comp — unplanted agricultural land. Sets the bare land floor for Central Okanagan at $129K/ac. Planted cherry land commands a significant premium above this.
SoldOsoyoos
2609 107th Street
Osoyoos, South Okanagan
$1,400,000Sold price
Total acres5.0 ac
MixMixed fruit
Est. improvements$350–500K
$/total ac$280K/ac
Mixed fruitOsoyoos bench
Net land value$900K–$1.05M
$/total ac (land only)~$180–210K/ac
Osoyoos bench comp at $180–210K/ac. Confirms Osoyoos mixed fruit trades at low-mid range vs Summerland/Naramata cherry premium.
SoldOsoyoos
10307 26th Avenue
Osoyoos, South Okanagan · Clean land comp
$1,365,000Sold price
Total acres5.0 ac
MixMixed fruit
Est. improvements$150–250K (841 sqft)
$/total ac$273K/ac
Mixed fruitMinimal home (841 sqft)
Net land value$1.1–1.2M
$/total ac (land only)$220–240K/ac
One of the cleanest land comps in the dataset. 841 sqft home = near-pure land value. Sets a clean $220–240K/ac Osoyoos benchmark for mixed fruit.
SoldOliver
384 19 Road
Oliver, South Okanagan
$1,175,000Sold price
Total acres2.95 ac
Cherry acres~2 ac
Est. improvements$700–900K
$/total ac$398K/ac
Cherry + appleOliver bench
Net land value$275–475K
$/total ac (land only)~$93–161K/ac
Small block improvement-heavy. High total $/ac driven by home value. Stripped land at $93–161K/ac reflects small mixed-fruit parcel.
SoldOliver
101 Knippelberg Road
Oliver, South Okanagan
$1,100,000Sold price
Total acres3.19 ac
TypeHobby scale
$/total ac$345K/ac
NoteResidential-driven
Hobby orchardOliver
$/total ac$345K/ac — hobby scale
Hobby scale — residential value dominates. Not a commercial orchard comp. Shows residential/hobby premium over commercial orchard land.
SoldSummerland
11415 Giants Head Road
Summerland, South Okanagan
$800,000Sold price · Distressed floor
Total acres4.56 ac
ConditionNeeds restoration
$/total ac$175K/ac
TypeMixed distressed
Mixed — restoration needed
$/total ac$175K/ac — distressed floor
Sets absolute floor for South Okanagan small orchard land. Any property needing restoration or replanting should price near this level.
No sold comps match your filters.
Prepared by Mark Coons, REALTOR® PREC* | Selling Okanagan Group | eXp Realty Kelowna
778-946-6454 · mark@sellingokanagangroup.com · sellingkelownarealestate.com
All valuations are estimates based on comparable sales analysis and improvement stripping methodology. Net land values are derived by subtracting estimated improvement costs from sale prices. Active listing prices reflect seller asking prices and do not constitute market value. Days on market as of June 2026. Data sourced from OMREB MLS® — deemed reliable but not guaranteed. This report is for informational purposes and does not constitute a formal appraisal or opinion of value.
778-946-6454 · mark@sellingokanagangroup.com · sellingkelownarealestate.com
All valuations are estimates based on comparable sales analysis and improvement stripping methodology. Net land values are derived by subtracting estimated improvement costs from sale prices. Active listing prices reflect seller asking prices and do not constitute market value. Days on market as of June 2026. Data sourced from OMREB MLS® — deemed reliable but not guaranteed. This report is for informational purposes and does not constitute a formal appraisal or opinion of value.