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Brad Kothlow PREC*

brad@realcitygroup.ca +1(604) 812-8496

$ 4,998,000

Est. payment -/mo

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2864 ARAWANA Road Naramata, BC V0H1N1

8 Beds

9 Baths

8,407 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 8,407 sqft

Price per Sqft $594

Subdivision Naramata Rural

MLS® Listing ID 10337992

Style Contemporary,Ranch

Bedrooms 8

Half Baths 1

Originating Board Association of Interior REALTORS®

Year Built 1955

Lot Size 10.140 Acres

Acres 441698.4

Property Sub-Type Freehold

Property Description

Unique opportunity to buy a home, investment property, business & vineyard all in one! This stunning 10 acre property is perched along the renowned Naramata Bench with breathtaking lake views, 3 acres of mature vineyards, 2 detached homes, 5 agri-tourism vacation rental suites, plus a large space for a variety of commercial purposes with room to expand in the future. The remodelled 2 bed rancher is perfect for an owner operator or staff accommodation. It features panoramic views, large outdoor patio, full-height unfinished basement and mature gardens & vineyard. The stylish and modern 1 bed guest cottage currently operates as a licensed AirBnB generating ~$80k/year with nothing but 5 star reviews. The 6500sqft outbuilding and agri-tourism suites are about 80% complete - they can be finished prior to closing or customized by new owners to suit personal style and use case. The remaining ~3500sqft commercial space currently contains a finished office, staff kitchenette, gown-up area with 2 bathrooms, shower & hamper room, shipping/receiving, processing room, and storage rooms. This space would suit a variety of purposes including indoor vertical grow production and workshops (all to GMP specifications), commercial kitchen for workshops & events, wellness or yoga studio, spa, etc. There is also potential to add a 6000+ sf rooftop patio which would be a dream location for an event venue, gazebo, sauna, and outdoor bar. Zoning allows for 15 events per year with 10 weddings permitted annually (buyer to verify) for additional revenue. List price is based on the agri-tourism units being completed but the commercial space being left as a blank slate. Recently appraised over $5m with a replacement value of the outbuilding alone, estimated to be over $2m. Long time owner forced to sell due to health considerations. This highly versatile property has immense revenue potential and should not be missed. Please contact the listing agent for more information or to arrange a tour. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 1.0

Extra Room 1 Second level 8'4'' x 6'4'' 4pc Bathroom

Extra Room 2 Second level 14' x 13'6'' Primary Bedroom

Extra Room 3 Second level 11'4'' x 8'8'' Kitchen

Extra Room 4 Second level 11'4'' x 10'3'' Dining room

Extra Room 5 Second level 15'3'' x 10'8'' Living room

Extra Room 6 Third level Measurements not available 2pc Bathroom

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Flooring Hardwood, Mixed Flooring

Fireplaces Type Unknown

Exterior

Parking Features No

Community Features Rural Setting, Rentals Allowed

View Y/N Yes

View Lake view, Mountain view

Roof Type Unknown

Private Pool No

Building

Story 2

Sewer See remarks, Septic tank

Architectural Style Contemporary, Ranch

Others

Ownership Freehold

Virtual Tour https://naramata.ca/

Listed by Stilhavn Real Estate Services

Brad Kothlow PREC*

Agent | License ID: 153416

+1(604) 812-8496

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Brad Kothlow PREC*

2864 ARAWANA Road Naramata, BC V0H1N1

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2864 ARAWANA Road