2864 Arawana Road, Naramata
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:62865)
Status
Active
Year Built
1954
Property Type
House
Ownership
Freehold
Annual Tax
$4,884
Parcel Number
012-220-752
Data Source
Association of Interior REALTORS®
Bedrooms
1
Bathrooms
1
Living Area
1050 square feet
Architectural Style
Ranch
Flooring
Fireplace Features
Appliances
Lot Size
9.59 acres
View
Lake view, Mountain view, View (panoramic), Unknown
Lot Features
Exterior Features
Community Features
Roof
Metal,Unknown
Heating
Forced air, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Septic tank
Utilities
Security
$2,995,000
Office
Landquest Realty Corporation
Loan Amount:
$2,396,000
Estimated Monthly Payment:
$11,676
This is an estimate for informational purposes only. Consult with a financial advisor.
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