1282 Corbishley Avenue, Penticton, British Columbia V2A8V2

Listing courtesy of Sotheby's International Realty Canada.

$2,799,000
4
BD
3
BA
3,408
SqFt

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List Price
$2,799,000
MLS®
10384563
Days on Market
95
Status
ACTIVE
Type
Land
Subtype
Agriculture
Bedrooms
4
Bathrooms
3
Living Area
3,408
Lot Size Dimensions
5.65
Lot Size
246,114
Subdivision
Uplands/Redlands

Property Description

Breathtaking lake views define this exceptional 5.64-acre estate on the coveted Naramata Bench. The property offers a refined vineyard lifestyle with meaningful revenue potential. The 4 bedroom residence is designed for effortless living and entertaining, with soaring ceilings, expansive windows, and generous decks overlooking Okanagan Lake. The private grounds are equally compelling, featuring a solar-heated saltwater pool, gardens, and recreation space or farm-to-table living. Above the triple garage, a fully self-contained 1 bedroom carriage suite provides flexibility for guests, extended family, or supplemental income. Approximately 4.5 acres are planted with Pinot Gris and Merlot, presenting an established vineyard opportunity. For those seeking a turnkey lifestyle, the current owners are open to leasing back the grape supply, allowing for immediate income while enjoying the setting. 2025 Vineyard Income was $52k. 2025 rental income for the homes was $54k. Moments to Penticton and steps to KVR Trail, this is a rare offering where luxury living and vineyard potential meet. Whether pursuing a boutique wine venture or simply embracing the rhythm of vineyard living, this property captures the essence of the Okanagan lifestyle. As an income producing property, it is anticipated to generate $106k to $110k in 2026. An exceptional opportunity for discerning buyers seeking both lifestyle and investment in one of the South Okanagan's premiere geographical indications. (id:5764)

Additional Information

Ownership
Freehold
View
Lake view, Mountain view, View of water, View (panoramic), Unknown
Garage
Yes
Subdivision
Uplands/Redlands
Parking Spaces
3
Fireplaces
1
Pool
Yes
Cooling
Central air conditioning
Country
Canada
Flooring
Mixed Flooring
Sewer
Septic tank
Roof
Asphalt shingle, Unknown
Heating
Forced air, Electric, See remarks
Lot Features
Private setting, Balcony, Jacuzzi bath-tub
Architectural Style
Contemporary
Pool Features
Inground pool, Outdoor pool
Stories
3
Lot Size
246,114

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