2864 Arawana Road
Naramata, British Columbia V0H 1N1
List Price:
$4,998,000
MLS® No:10337992
Built In:1955
Type:Single Family
Living Area:8407 sqft
Bedrooms:2
Bathrooms:1
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:53172)
Property Details
MLS® Number
10337992
Property Type
Single Family
Neigbourhood
Naramata Rural
Community Features
Rural Setting, Rentals Allowed
Features
Private Setting, Central Island, Balcony
View Type
Lake View, Mountain View
Building
Bathroom Total
1
Bedrooms Total
2
Appliances
Refrigerator, Dishwasher, Dryer, Range - Gas, Microwave, Washer
Architectural Style
Contemporary, Ranch
Basement Type
Full
Constructed Date
1955
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Aluminum, Stucco, Composite Siding
Fireplace Fuel
Gas
Fireplace Present
Yes
Fireplace Type
Unknown
Flooring Type
Hardwood, Mixed Flooring
Heating Type
Forced Air, See Remarks
Roof Material
Metal
Roof Style
Unknown
Stories Total
2
Size Interior
8,407 Ft2
Type
House
Utility Water
Municipal Water
Land
Acreage
Yes
Sewer
See Remarks, Septic Tank
Size Irregular
10.2
Size Total
10.2 Ac|10 - 50 Acres
Size Total Text
10.2 Ac|10 - 50 Acres
Zoning Type
Unknown
Rooms
Level
Type
Length
Width
Dimensions
Basement
Unfinished Room
7'9'' x 6'1''
Basement
Unfinished Room
26'10'' x 9'2''
Basement
Unfinished Room
26'10'' x 9'6''
Basement
Unfinished Room
29'1'' x 22'5''
Basement
Utility Room
8'2'' x 6'3''
Main Level
Other
160' x 50'
Main Level
5pc Bathroom
8'2'' x 7'7''
Main Level
Bedroom
12'3'' x 11'11''
Main Level
Primary Bedroom
12'10'' x 11'1''
Main Level
Kitchen
10'11'' x 7'7''
Main Level
Dining Room
8' x 7'7''
Main Level
Living Room
19'5'' x 19'1''
Secondary Dwelling Unit
Full Bathroom
8'4'' x 6'4''
Secondary Dwelling Unit
Primary Bedroom
14' x 13'6''
Secondary Dwelling Unit
Kitchen
11'4'' x 8'8''
Secondary Dwelling Unit
Dining Room
11'4'' x 10'3''
Secondary Dwelling Unit
Living Room
15'3'' x 10'8''
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