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Jeffrey Sefton

info@okanaganrealestatesearch.com +1(250) 244-1762

$2,995,000

Est. payment - /mo

2 Beds

1 Bath

1,154 SqFt

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Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1154

Square Footage 1,154 sqft

Price per Sqft $2,595

Subdivision Naramata Rural

MLS® Listing ID 10402276

Style Ranch

Bedrooms 2

Year Built 1954

Lot Size 9.590 Acres

Acres 9.59

Property Sub-Type Freehold

Property Description

Set on nearly 10 acres of the Naramata Bench, 2864 Arawana Road is a rare Okanagan property that offers the flexibility to generate income today while giving you room to create more value over time. With sweeping views of Okanagan Lake, the mountains and surrounding vineyards, 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 and opening 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 additional potential for future use, subject to approvals. The separate 1-bedroom, 1-bathroom carriage house adds another proven income opportunity. Currently operating as a highly rated vacation rental, it features a spacious lake-view deck, its own fireplace and a carport. Keep it as a short-term rental, transition it to longer-term accommodation, or reserve it as a private guest retreat for family and friends. And then there is the outbuilding a significant piece of the property's future potential. With AG1 zoning, it offers an opportunity to explore a range of possibilities, from guest accommodation and a studio to a workshop, commercial kitchen, wellness space or gathering venue. Buyers should verify all permitted uses and approvals with the appropriate authorities. All of this is minutes from Naramata Village, renowned wineries, the KVR Trail and Penticton — placing you in the heart of one of the Okanagan's most sought-after wine and recreation destinations. Duplicate listing with MLS 10402276. (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Basement 6'1'' x 7'7'' Utility room

Extra Room 2 Basement 26'10'' x 9'2'' Storage

Extra Room 3 Basement 22'5'' x 29'1'' Storage

Extra Room 4 Basement 26'10'' x 9'6'' Storage

Extra Room 5 Basement 6'1'' x 7'9'' Storage

Extra Room 6 Main level 11'1'' x 12'10'' Primary Bedroom

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Flooring Carpeted, Mixed Flooring, Vinyl

Fireplaces Number 2

Fireplaces Type Unknown

Exterior

Parking Features Yes

Community Features Family Oriented, Rural Setting

View Y/N Yes

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

Roof Type Unknown

Attached Garage No

Garage Yes

Private Pool No

Building

Story 1

Sewer Septic tank

Architectural Style Ranch

Others

Ownership Freehold

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Listed by Chamberlain Property Group

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Jeffrey Sefton

+1(250) 244-1762

Realtor

2864 Arawana Road Naramata, BC V0H1N1

Jeffrey Sefton

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY PROPERTIES FOR SALE

GET MORE INFORMATION

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2864 Arawana Road