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. 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 (better description) 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:44393)
| MLS® Number | 10365267 |
| Property Type | Other |
| Neigbourhood | Naramata Rural |
| Community Features | Rural Setting |
| Constructed Date | 1955 |
| Exterior Finish | Aluminum, Stucco, Other |
| Fire Protection | Controlled Entry, Security System |
| Roof Material | Metal |
| Roof Style | Unknown |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Current Use | Mixed Use |
| Sewer | See Remarks, Septic Tank |
| Size Irregular | 10.16 |
| Size Total | 10.16 Ac|10 - 50 Acres |
| Size Total Text | 10.16 Ac|10 - 50 Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29025274/2864-arawana-road-naramata-naramata-rural
Contact us for more information
Larry Berisoff
(250) 717-5000
(250) 861-8462
Brady Berisoff
(250) 717-5000
(250) 861-8462