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2864 Arawana Road, Naramata

MLS® #10379428
About this Property

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)

Property Information

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®

Interior Details

Bedrooms

1

Bathrooms

1

Living Area

1050 square feet

Architectural Style

Ranch

Flooring

CarpetedVinylMixed Flooring

Fireplace Features

ElectricUnknown

Appliances

RefrigeratorRangeOvenHood FanWasher & Dryer
Exterior & Lot

Lot Size

9.59 acres

View

Lake view, Mountain view, View (panoramic), Unknown

Lot Features

Private setting

Exterior Features

StuccoOtherAluminum

Community Features

Family OrientedRural Setting
Building & Utilities

Roof

Metal,Unknown

Heating

Forced air, See remarks

Cooling

Central air conditioning

Water Source

Municipal water

Sewer

Septic tank

Utilities

WaterElectricity

Security

SecurityControlled entry

$2,995,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
1Beds
1Baths
1050sqft
Listing Courtesy of

Office

Landquest Realty Corporation

Mortgage Calculator
$599,000

Loan Amount:

$2,396,000

Estimated Monthly Payment:

$11,676

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