$2,995,000
2864 Arawana Road, Naramata V0H1N1
2 Beds
1.0 Bath
1,050 Sq Ft
Built 1954
Detached
Listed by: Landquest Realty Corporation.
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Description
Bad Bear Vineyard & Inn combines established short-term rental income, scalable hospitality infrastructure, and an exceptional wine-country setting—all with minimal owner effort. The property generates strong revenue from a fully licensed, 5-star Airbnb guest cottage that’s consistently booked, plus a second residence for owner use or additional short- or long-term rentals. Beyond existing income, a 6,500 sq. ft. purpose-built outbuilding includes five high-end agri-tourism suites approximately 80% complete, offering a clear path to $300,000+ in annual revenues once finished. There’s proven demand for these suites in the area, and they’ll be among the nicest agri-accommodations in the region. Allows for events such as weddings, additional 3,000 sq. ft. within the building is also 80% complete, planned for a Wellness/botanicals business to complement the agritourism as a wellness destination. The property is priced significantly below replacement value and recent appraised value. This is where lifestyle and revenue coexist: live in one of BC’s most desirable wine regions while the property generates income. (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
View: Lake view, Mountain view, Valley view, View (panoramic), Unknown
Parking: RV, Oversize, Additional Parking
Structure: House
Annual Taxes: $6,500
Lot Size: 9.59
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Single Family |
| Bedrooms | 2 |
| Bathrooms | 1.0 |
| Living Area | 1,050 sq ft |
| Lot Size | 10 sq ft |
| Year Built | 1954 |
| Stories | 1.0 |
| Listing ID | 10394424 |
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