2864 Arawana Road spans 10.16 gated acres along the Naramata Bench, offering open space, privacy, and about three acres of mature Riesling vineyards. The property provides a strong non winery related income stream while also allowing for growth and customization and let existing vacation management do all the work. The main residence is a 1,050 sq ft remodeled two-bedroom rancher, ideal for owners or your own plans, with a large outdoor patio, mature gardens, and a full-height unfinished basement. There is a one-bedroom guest cottage, currently a licensed Airbnb generating roughly $80,000 annually with consistent five-star reviews, adds immediate income. The property also includes a 6,500 sqft outbuilding built to EU GMP standards. With close to 2 million invested, this first-class building incorporates five high-end Agri-tourism suites that are about 80% complete; once finished, they will further expand income opportunities. The building also features a finished office, staff kitchenette, gown-up area with two bathrooms and a shower, hamper room, and dedicated shipping, processing and storage areas. The outbuilding and suites together provide a flexible space for a variety of uses, including a small production facility, wellness studio, or event venue. Zoning allows 10 weddings per year and much interest shown for this as a venue. A rooftop patio of over 6,000 sq ft could be added( with approvals), the estate is functional and ready for your finishing touches. (id:4069)
Address
2864 Arawana Road
List Price
$3,780,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
Sale
Area
British Columbia
Sub-Area
Naramata
Bedrooms
2
Bathrooms
1
Floor Area
1,050 Sq. Ft.
Lot Size
10.14 Sq. Ft.
Year Built
1954
MLS® Number
10369071
Listing Brokerage
RE/MAX Kelowna
Postal Code
V0H1N1
Site Influences
View
Features
Private setting, Irregular lot size, Central island
