4923 RYEGRASS Road71 photos
Year built1950 (76 yrs)
Lot4.99 acres
ParkingRV · 5 spaces
Heat / coolingForced air · A/C
Annual taxes$2,526
OwnershipFreehold
Neighbourhood score6.8 / 10Walk & bike1.3 / 10Nearest lake7.7 kmGolf3.4 km
BasementFull
ViewMountain view, View (panoramic)
Storeys1
On the market11 days
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Mountain viewView (panoramic)Air conditioningMain-floor livingRural Setting

Discover a unique vineyard property on a west-facing corner lot just south of Oliver. This 5-acre estate features two homes, beautiful views of the Golden Mile wine bench, and flexibility for multi-generational living or rental income. The main home offers 4 bedrooms, 2 large bathrooms, a spacious living room, and a separate family room. The full basement is a blank slate with a ramped driveway and garage door access, offering possibilities for a home-based business or winemaking space. The second home is currently rented and features 3 bedrooms and a generous living area, providing rental income potential or additional space for family. The vineyard produces Merlot, Cabernet Sauvignon, and Viognier grapes, with sand-filtered drip irrigation. It is currently leased under a contract that extends to next year. Conveniently located near local wineries, Area 27, Osoyoos, and Oliver’s town amenities, this property offers a unique opportunity to own a vineyard in the heart of the South Okanagan wine region. For more information or to book your private showing, reach out today!

Highlights

  • Two homes on one 4.99-acre corner lot: a main home with 4 bedrooms and 2 bathrooms, plus a secondary dwelling unit with 3 bedrooms.
  • Per the listing, the secondary home is currently rented, offering rental income or extra space for family.
  • Mountain and panoramic views, with a vineyard producing Merlot, Cabernet Sauvignon and Viognier grapes.
  • Per the listing, the full basement is a blank slate with a ramped driveway and garage door access.
  • Town centre Oliver is 5 km away, the South Okanagan General Hospital is 5.4 km, and Lake Osoyoos is 7.7 km.

Things to check

  • Ask whether the secondary dwelling unit is legally permitted and whether it can be rented.
  • Ask for the vineyard lease terms, since the listing says the lease runs to next year.
  • Ask for the ages of the furnace, roof and septic system, as the home was built in 1950.

Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.

3.1
Lakes & beachesOsoyoos Lake
7.7 km
6.3
Parks & trailsSouth Okanagan Grasslands Protected Area
2.7 km
8.3
Shops & servicesTown centre: Oliver
5 km
9.9
HospitalSouth Okanagan General Hospital
5.4 km
8.2
Rec centreOliver Arena
5.2 km
5.1
SchoolsTuc-el-Nuit Elementary
4.8 km
GolfFairview Mountain Golf Club
3.4 km
Ski hillMount Baldy Ski Area
24.3 km

Overall neighbourhood score 6.8 / 10; walk & bike score 1.3 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.

Main level

  • Other9'4" x 12'1"
  • Sunroom9'6" x 17'7"
  • Living room11'7" x 21'4"
  • Mud room6' x 11'6"
  • Dining room11'3" x 11'10"
  • Family room10'3" x 27'6"
  • Kitchen7'4" x 14'5"
  • Bedroom7'11" x 13'7"
  • Bedroom9'4" x 13'7"
  • Bedroom10'11" x 11'11"
  • Primary Bedroom10'3" x 13'3"
  • 5pc Bathroom
  • 4pc Bathroom

Secondary Dwelling Unit

  • Other16'9" x 15'5"
  • Full bathroom
  • Bedroom12'11" x 27'11"
  • Bedroom7'11" x 10'1"
  • Primary Bedroom8'2" x 15'5"
  • Dining room11'8" x 15'4"
  • Kitchen11'3" x 13'3"
  • Living room12'1" x 16'

Basement

  • Other9'6" x 15'1"
  • Other8'11" x 10'7"
  • Storage11'4" x 12'10"
  • Workshop10'3" x 34'1"
  • Workshop13' x 21'
  • Utility room19' x 21'4"

Price
$1,199,000
MLS® number
10403768
Property type
Single-family home
Ownership
Freehold
Bedrooms
4
Bathrooms
2
Living area
1,880 sq ft
Lot size
4.99 acres
Year built
1950
Storeys
1
Parking spaces
5
Annual taxes
$2,526
Community
Oliver Rural, Oliver
Style
Ranch
Basement
Full
Heating
Forced air, Electric
Cooling
Central air conditioning
Parking
RV
View
Mountain view, View (panoramic)
Roof
Metal
Exterior
Stucco
Appliances
Washer, Refrigerator, Water softener, Dishwasher, Range, Dryer
Lot features
Private setting, Corner Site, Jacuzzi bath-tub
Water
Municipal water
Sewer
Septic tank
Parking details
5 spaces in total · RV
Thinking of buying? Make sure you can sell first.How subject-to-sale offers work, and how to get pre-approved so you know your budget.Learn how →Get pre-approved →

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Listing information is provided by RE/MAX Wine Capital Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-10-16.

$1,199,0004923 RYEGRASS Rd