FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$2,599,000

1282 Corbishley Avenue, Penticton V2A8V2

4 Beds 3.0 Bath 3,408 Sq Ft Built 1940
Detached
Listed by: Sotheby's International Realty Canada.
Powered by REALTOR.ca
A clearer picture before you buy

Unlock listing timeline & local insights

See how long this home has been listed, with a clear source and as-of date.

Unlock free insights Free account. Verify your email to get started.

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:66934)

Location

Approximate location supplied by the listing data provider.

Features

View: Lake view, Mountain view, View (panoramic), Unknown
Parking: Detached Garage, RV, See Remarks, Additional Parking
Parking Spaces: 3
Structure: House
Annual Taxes: $6,645
Lot Size: 5.65

Property Details

Property Type Detached
Sub Type Single Family
Bedrooms 4
Bathrooms 3.0
Living Area 3,408 sq ft
Lot Size 6 sq ft
Year Built 1940
Stories 3.0
Parking 3 spaces (1 garage)
Listing ID 10383057

Similar Listings You May Like

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under copyright by CREA's Data Distribution Facility and is deemed reliable but is not guaranteed accurate by CREA or FlatKey Realty Ltd.

This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.