3408 sqft Single Family House
1282 Corbishley Avenue, Penticton

$2,799,000

Breathtaking lake views define this exceptional 5.64-acre estate on the coveted Naramata Bench. The property offers a refined vineyard lifestyle with meaningful revenue potential. The 4 bedroom residence is designed for effortless living and entertaining, with soaring ceilings, expansive windows, and generous decks overlooking Okanagan Lake. The private grounds are equally compelling, featuring a solar-heated saltwater pool, gardens, and recreation space or farm-to-table living. Above the triple garage, a fully self-contained 1 bedroom carriage suite provides flexibility for guests, extended family, or supplemental income. Approximately 4.5 acres are planted with Pinot Gris and Merlot, presenting an established vineyard opportunity. For those seeking a turnkey lifestyle, the current owners are open to leasing back the grape supply, allowing for immediate income while enjoying the setting. 2025 Vineyard Income was $52k. 2025 rental income for the homes was $54k. Moments to Penticton and steps to KVR Trail, this is a rare offering where luxury living and vineyard potential meet. Whether pursuing a boutique wine venture or simply embracing the rhythm of vineyard living, this property captures the essence of the Okanagan lifestyle. As an income producing property, it is anticipated to generate $106k to $110k in 2026. An exceptional opportunity for discerning buyers seeking both lifestyle and investment in one of the South Okanagan's premiere geographical indications. (id:6770)

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  • Price $2,799,000
  • Land Size 5.7 Acres
  • Age 1940
  • Stories 3
  • Size 3408 sqft
  • Bedrooms 4
  • Bathrooms 3
  • See Remarks Spaces
  • Additional Parking Spaces
  • Detached Garage 3 Spaces
  • RV 1 Spaces
  • Exterior Stucco
  • Cooling Central Air Conditioning
  • Appliances Refrigerator, Dishwasher, Dryer, Range - Gas, Microwave, Washer
  • Water Municipal water
  • Sewer Septic tank
  • Flooring Mixed Flooring
  • View Unknown, Lake view, Mountain view, View (panoramic)
  • Landscape Features Underground sprinkler
  • Basement

  • Laundry room5'11'' x 5'10''
  • 4pc Bathroom9'9'' x 6'
  • Foyer14'6'' x 11'6''
  • Den8'5'' x 7'1''
  • Storage8'11'' x 5'7''
  • Recreation room19' x 15'3''
  • Main level

  • 4pc Ensuite bath7'4'' x 5'9''
  • Bedroom14'3'' x 10'4''
  • Primary Bedroom10'11'' x 10'10''
  • Kitchen16'9'' x 10'2''
  • Dining room14'6'' x 9'4''
  • Living room14'6'' x 9'4''
  • Second level

  • Kitchen14'5'' x 8'
  • Living room14'5'' x 12'2''
  • Family room16'9'' x 10'11''
  • Bedroom13'11'' x 10'11''