Well, the first thing you can say about this inn is that it lives up to the heritage name. The building dates from 1908, I think. And for that reason, I can forgive it for a lot of sins I wouldn't forgive in other buildings. I think this is why the rates are what they are.
It's a very nice, old building. The accommodations are historic. And it's close to the water, although the water views are obstructed a bit by trees. There's a very good restaurant on the premises. The clawfoot tubs are deep, if not long, and we had a nice balcony in a corner room, although we couldn't enjoy it since it was -3.
However, the walls are quite thin. We had a corner room, which means two walls faced the outside, one wall faced another room, and the other faced the bathroom and then another room. We could hear all the conversations in all the rooms around us -- the other two rooms, plus the room below. Don't count on a romantic weekend getaway, unless you have no inhibitions about everyone around hearing everything that happens in your room. Also, as we had two walls on the outdoors (despite the very nice balcony space), and there was a storm overnight, we both woke up feeling as though we needed to close one of the already closed windows. It sounded as though the storm were coming straight into our room. The windows aren't double-paned, so this probably adds to the impression that the weather is coming straight in if your neighbours aren't.
The rooms are quite small. We paid $200+/night for a "queen" room, which was barely large enough to get a small rollaway suitcase in. I can't imagine what a "queen small" room would have been like, but I imagine the answer is tiny and overpriced.
We had dinner in Kelowna (I highly recommend Fresco), but then got back at 11 p.m. No one at the hotel had mentioned that they'd lock all the doors before 11 p.m., which led to an awkward moment where we were calling the hotel main number asking to be let in from the balcony while a janitor happened to walk by so we could ask him for access. Otherwise, we were afraid we were sleeping in the car.
The restaurant in the hotel is very nice for lunch, at least, although we'd been told they had the best selection of wine by the glass in BC. That claim is not true -- they had eight local wines by the glass, which is nice but not the best selection of wines by the glass in BC.
Overall we felt we'd paid a lot for the age of the inn, and hadn't received much in return but a tolerable room that we couldn't even speak comfortably in. Because the average B&B in BC tends to be more like a British B&B (a nondescript room in someone's house), we paid for the security that we'd be in a professionally run establishment. I don't think that Naramata Inn is worth the extra money, though. We felt we'd paid $50 too much. Apples d'Or guesthouse up the road is building what looks like a very nice inn. I'd recommend trying them.
This review is the subjective opinion of a TripAdvisor member and not of TripAdvisor LLC