+20 more
4
Bedrooms
3
Bathrooms
3,408 sqft
Living Area
5.65 ac
Lot
1940
Year Built
About This Property
This 4-bedroom, 3-bathroom single family in Penticton offers 3,408 sqft of living area on a 5.65 ac lot. Built in 1940, 3 storeys. The property has lot dimensions of 5.65. The home features mixed flooring flooring, forced air, electric, see remarks heating, central air conditioning, a full basement, a fireplace. Highlights include a inground pool, outdoor pool pool.
MLS Remarks
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:60351)
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