$2,599,000

1282 Corbishley Avenue, Penticton

Uplands/Redlands, Penticton, BC V2A8V2

4 bd · 3 ba · 3,408 sq ft · Single-family home

Listed by Sotheby's International Realty Canada

About this property

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:67417)

Property details

Price

$2,599,000

MLS® number

10384563

Property type

Single-family home · Other · Agriculture

Ownership

Freehold

Bedrooms

4

Bathrooms

3

Living area

3,408 sq ft

Lot size

5.65 acres · 5.65

Year built

1940

Storeys

3

Parking spaces

3

Annual taxes

$6,645

Community

Uplands/Redlands, Penticton

Features

Style

Contemporary

Basement

Full

Heating

Forced air, Electric, See remarks

Cooling

Central air conditioning

Parking

Detached Garage, RV, See Remarks, Additional Parking

View

Lake view, Mountain view, View of water, View (panoramic), Unknown

Pool

Inground pool, Outdoor pool

Fireplace

Gas, Unknown

Flooring

Mixed Flooring

Roof

Asphalt shingle, Unknown

Exterior

Stucco

Appliances

Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave

Lot

Private setting, Balcony, Jacuzzi bath-tub

Water

Municipal water

Sewer

Septic tank

Utilities

Water, Sewer, Natural Gas, Electricity, Cable, Telephone

Fencing

Fence

Rooms

Level	Room	Size
Third level	Dining room	9'4'' x 14'6''
Third level	Primary Bedroom	10'7'' x 20'1''
Third level	Kitchen	8' x 14'5''
Third level	Living room	12'2'' x 14'5''
Second level	Family room	10'11'' x 16'9''
Second level	Bedroom	10'11'' x 13'11''
Main level	Full bathroom	10'11'' x 13'5''
Main level	4pc Ensuite bath	5'9'' x 7'4''
Main level	Bedroom	10'4'' x 14'3''
Main level	Primary Bedroom	10'10'' x 10'11''
Main level	Kitchen	10'2'' x 16'9''
Main level	Living room	9'4'' x 14'6''
Basement	Storage	24'1'' x 24'3''
Basement	Laundry room	5'10'' x 5'11''
Basement	4pc Bathroom	6' x 9'9''
Basement	Foyer	11'6'' x 14'6''
Basement	Den	7'1'' x 8'5''
Basement	Storage	5'7'' x 8'11''
Main level	Recreation room	15'3'' x 19'

View on map