2 Bedrooms

1 Bathrooms

1,154 sqft

$2,995,000

Set on 10.2 acres of the Naramata Bench, 2864 Arawana Road combines sweeping views of Okanagan Lake, the mountains and surrounding vineyards with an established 3-acre vineyard, two income-producing residences and a substantial 6,500 sq. ft. outbuilding. This is an investment with lifestyle built in. The main home is a 2-bedroom rancher with a bright, inviting living room centered around a fireplace. It opens onto a large balcony overlooking the valley and lake. The home is currently rented, providing income from day one. The 1,160 sq. ft. unfinished basement has its own exterior entrance and offers room for future use, subject to approvals. The separate 1-bedroom, 1-bathroom cottage has been a licensed, highly rated vacation rental for the past two years. It features a spacious lake-view deck, its own fireplace and a carport. Keep it as a short-term rental, switch it to longer-term tenancy, or keep it as a private guest retreat for family and friends. The outbuilding is what sets this property apart. At 6,500 sq. ft., it’s a significant structure with major construction already in place, including renderings for five partially completed suite spaces. That gives a buyer with vision a real head start, whether for guest accommodation, a studio, a workshop, a wellness space or a gathering venue. The property is zoned AG1. Buyers should verify permitted uses, permits and approvals with the appropriate authorities. All of this is minutes from Naramata Village, renowned wineries, the KVR Trail and Penticton, in the heart of one of the Okanagan’s most sought-after wine and recreation destinations. Duplicate listing with MLS 10402273. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10402276
  Property Type	Agriculture
  Neigbourhood	Naramata Rural
  AmenitiesNearBy	Recreation, Shopping
  CommunityFeatures	Family Oriented, Rural Setting
  FarmType	Unknown
  Features	Private Setting, Treed
  ViewType	Unknown, Lake View, Mountain View, Valley View, View (panoramic)

• Building

  Bathroom Total	1
  Bedrooms Total	2
  Appliances	Range, Refrigerator, Oven, Hood Fan, Washer & Dryer
  Architectural Style	Ranch
  Constructed Date	1954
  Cooling Type	Central Air Conditioning
  Exterior Finish	Aluminum, Stucco, Other
  Fire Protection	Security
  Fireplace Fuel	Electric
  Fireplace Present	Yes
  Fireplace Total	2
  Fireplace Type	Unknown
  Flooring Type	Carpeted, Mixed Flooring, Vinyl
  Heating Type	Forced Air, See Remarks
  Roof Material	Metal
  Roof Style	Unknown
  Stories Total	1
  Size Interior	1,154 Sqft
  Type	Other
  Utility Water	Municipal Water

  Parking

  Additional Parking
  Oversize
  R V

• Land

  Acreage	Yes
  Land Amenities	Recreation, Shopping
  Sewer	Septic Tank
  Size Irregular	9.59
  Size Total	9.59 Ac|5 - 10 Acres
  Size Total Text	9.59 Ac|5 - 10 Acres

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Utility Room			6'1'' x 7'7''
  Basement	Storage			26'10'' x 9'2''
  Basement	Storage			22'5'' x 29'1''
  Basement	Storage			26'10'' x 9'6''
  Basement	Storage			6'1'' x 7'9''
  Main Level	Primary Bedroom			11'1'' x 12'10''
  Main Level	Living Room			19'5'' x 19'1''
  Main Level	Kitchen			7'7'' x 10'11''
  Main Level	Dining Room			7'7'' x 8'0''
  Main Level	Bedroom			12'4'' x 11'11''
  Main Level	5pc Bathroom			7'7'' x 8'2''
  Secondary Dwelling Unit	Living Room			15'3'' x 10'8''
  Secondary Dwelling Unit	Kitchen			8'8'' x 11'4''
  Secondary Dwelling Unit	Dining Room			1'3'' x 11'4''
  Secondary Dwelling Unit	Bedroom			13'6'' x 14'0''
  Secondary Dwelling Unit	Full Bathroom			6'4'' x 8'4''

• Utilities

  Electricity	Available
  Water	Available