BCHomez.com Logo

BCHomez.com

Favorites

1282 Corbishley Avenue, Penticton

MLS® #10384563
About this Property

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)

Property Information

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®

Interior Details

Bedrooms

4

Bathrooms

3

Living Area

3408 square feet

Architectural Style

Contemporary

Basement

Full

Flooring

Mixed Flooring

Fireplace Features

GasUnknown

Appliances

WasherRefrigeratorRange - GasDishwasherDryerMicrowave
Exterior & Lot

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

Private settingBalconyJacuzzi bath-tub

Exterior Features

Stucco
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Forced air, Electric, See remarks

Cooling

Central air conditioning

Water Source

Municipal water

Sewer

Septic tank

Utilities

WaterSewerNatural GasElectricityCableTelephone

$2,799,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
3Baths
3408sqft
Listing Courtesy of

Office

Sotheby's International Realty Canada

Mortgage Calculator
$559,800

Loan Amount:

$2,239,200

Estimated Monthly Payment:

$10,912

This is an estimate for informational purposes only. Consult with a financial advisor.