2864 Arawana Road, Naramata, British Columbia V0H 1N1

Listed for:
$4,998,000
8 beds
9 baths
Listed 21 days ago
House for rent: 2864 Arawana Road, Naramata, British Columbia V0H 1N1

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Learn more about this property
Listing provided by:
Stilhavn Real Estate Services
MLS® number:
10337992
Agent:
Jodie Graham
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About

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:27476)

Property Highlights

MLS® Number
10337992
Type
Single Family
Ownership Type
Freehold
Land Size
10.14 ac|10 - 50 acres

Building

Building Type
House
Storeys
2.00
Square Footage
8407 sqft
Bathrooms Total
9
Bedrooms Total
8
Exterior Finish
Aluminum, Stucco, Composite Siding
Fireplace Present
Yes
Basement Type
Full
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
See remarks, Septic tank

Room Layout

4pc Bathroom
Second level
8'4'' x 6'4''
Primary Bedroom
Second level
14' x 13'6''
Kitchen
Second level
11'4'' x 8'8''
Dining room
Second level
11'4'' x 10'3''
Living room
Second level
15'3'' x 10'8''
2pc Bathroom
Third level
Measurements not available
3pc Bathroom
Third level
Measurements not available
4pc Bathroom
Third level
20' x 6'10''
4pc Bathroom
Third level
20' x 6'10''
4pc Bathroom
Third level
20' x 6'10''
4pc Bathroom
Third level
20' x 6'10''
4pc Bathroom
Third level
20' x 6'10''
Bedroom
Third level
20' x 17'
Bedroom
Third level
20' x 17'
Bedroom
Third level
20' x 17'
Bedroom
Third level
20' x 17'
Bedroom
Third level
20' x 17'
Unfinished Room
Basement
7'9'' x 6'1''
Unfinished Room
Basement
26'10'' x 9'2''
Unfinished Room
Basement
26'10'' x 9'6''
Unfinished Room
Basement
29'1'' x 22'5''
Utility room
Basement
8'2'' x 6'3''
5pc Bathroom
Main level
8'2'' x 7'7''
Bedroom
Main level
12'3'' x 11'11''
Primary Bedroom
Main level
12'10'' x 11'1''
Kitchen
Main level
10'11'' x 7'7''
Dining room
Main level
8' x 7'7''
Living room
Main level
19'5'' x 19'1''

Location