Don Rae Realtor


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  • 2864 Arawana Road Naramata V0H1N1

    Price : $2,995,000 Listing ID : 10402273
    2 Bedrooms 1 Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1154 sqft
    Built in : 1954 Total Parking Spaces : -
    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 10402276. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Recreation, Shopping Access : - Appliances Inc : Range, Refrigerator, Oven, Hood Fan, Washer & Dryer
    Community Features : Family Oriented, Rural Setting Features : Private setting, Treed Structures : -
    Total Parking Spaces : - View : Unknown, Lake view, Mountain view, Valley view, View (panoramic) Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : Central air conditioning
    Fire Protection : Security Fireplace Fuel : Electric Fireplace Type : Unknown
    Floor Space : - Flooring : Carpeted, Mixed Flooring, Vinyl Foundation Type : -
    Heating Fuel : - Heating Type : Forced air, See remarks Roof Style : Unknown
    Roofing Material : Metal Sewer : Septic tank Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement Storage 22'5'' x 29'1''
    Storage 26'10'' x 9'2''
    Storage 26'10'' x 9'6''
    Storage 6'1'' x 7'9''
    Utility room 6'1'' x 7'7''
    Main level 5pc Bathroom 7'7'' x 8'2''
    Bedroom 12'4'' x 11'11''
    Dining room 7'7'' x 8'0''
    Kitchen 7'7'' x 10'11''
    Living room 19'5'' x 19'1''
    Primary Bedroom 11'1'' x 12'10''
    Secondary Dwelling Unit Bedroom 13'6'' x 14'4''
    Dining room 10'3'' x 11'4''
    Full bathroom 6'4'' x 8'4''
    Kitchen 8'8'' x 11'4''
    Living room 15'3'' x 10'8''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.