Don Rae Realtor


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  • 1282 Corbishley Avenue Penticton V2A8V2

    Price : $2,799,000 Listing ID : 10383057
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 3408 sqft
    Built in : 1940 Total Parking Spaces : 3
    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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Golf Nearby, Ski area Access : - Appliances Inc : Refrigerator, Dishwasher, Dryer, Range - Gas, Microwave, Washer
    Community Features : Family Oriented Features : Private setting, Balcony, Jacuzzi bath-tub Structures : -
    Total Parking Spaces : 3 View : Unknown, Lake view, Mountain view, View (panoramic) Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Contemporary Bathrooms (Partial) : 0 Cooling : Central air conditioning
    Fire Protection : - Fireplace Fuel : Gas Fireplace Type : Unknown
    Floor Space : - Flooring : Mixed Flooring Foundation Type : -
    Heating Fuel : Electric Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Septic tank Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : Underground sprinkler
    Rooms
    Level : Type : Dimensions :
    Basement 4pc Bathroom 9'9'' x 6'
    Den 8'5'' x 7'1''
    Foyer 14'6'' x 11'6''
    Laundry room 5'11'' x 5'10''
    Recreation room 19' x 15'3''
    Storage 24'3'' x 24'1''
    Storage 8'11'' x 5'7''
    Main level 4pc Ensuite bath 7'4'' x 5'9''
    Bedroom 14'3'' x 10'4''
    Dining room 14'6'' x 9'4''
    Full bathroom 13'5'' x 10'11''
    Kitchen 16'9'' x 10'2''
    Living room 14'6'' x 9'4''
    Primary Bedroom 10'11'' x 10'10''
    Second level Bedroom 13'11'' x 10'11''
    Family room 16'9'' x 10'11''
    Kitchen 14'5'' x 8'
    Living room 14'5'' x 12'2''
    Primary Bedroom 20'1'' x 10'7''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.