Property Description for 1282 Corbishley Avenue
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:38686)
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Property Details
Property Tax
: $6,645MLS® #
: 10384563
Property Features
Property Type
: AgriculturalSquare Footage
: 3,408 SQFT
Room Details
Partial Bathroom
: 0
Interior Features
Heating
: Forced air, Electric, See remarksFireplace
: YesFlooring
: Mixed Flooring
Exterior Features
Acreage
: 5.65Roof
: Asphalt shingle, Unknown
Utilities
Sewer
: Septic tank
Other
Parking Features
: Detached Garage, RV, See Remarks, Additional ParkingFireplace Features
: Gas, UnknownExterior Features
: Stucco
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