1282 Corbishley Avenue, Penticton
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:62865)
Status
Active
Year Built
1940
Property Type
Other
Ownership
Freehold
Parking Spaces
3
Annual Tax
$6,645
Parcel Number
019-132-069
Data Source
Association of Interior REALTORS®
Bedrooms
4
Bathrooms
3
Living Area
3408 square feet
Architectural Style
Contemporary
Basement
Full
Flooring
Fireplace Features
Appliances
Lot Size
5.65 acres
Fencing
Fence
Pool Features
Inground pool,Outdoor pool
View
Lake view, Mountain view, View of water, View (panoramic), Unknown
Lot Features
Exterior Features
Roof
Asphalt shingle,Unknown
Heating
Forced air, Electric, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Septic tank
Utilities
$2,799,000
Office
Sotheby's International Realty Canada
Loan Amount:
$2,239,200
Estimated Monthly Payment:
$10,912
This is an estimate for informational purposes only. Consult with a financial advisor.
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