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1282 Corbishley Avenue, Penticton
2026-04-13
Quick Summary
MLS®#10383057
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Ski area
Building
- Appliances: Refrigerator, Dishwasher, Dryer, Range - Gas, Microwave, Washer
- Architectural Style: Contemporary
- Basement Type: Full
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Stucco
- Fireplace: Yes
- Flooring Type: Mixed Flooring
- Interior Size: 3408 sqft
- Building Type: House
- Stories: 3
- Utility Water: Municipal water
Features
- Feature: Private setting, Balcony, Jacuzzi bath-tub
Land
- Land Size: 5.65 ac|5 - 10 acres
- Sewer: Septic tank
Ownership
- Type: Freehold
Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2026-04-29 17:31:18
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$500,000
Your One Percent Realty Commission savings†
$500,000
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