Property Description for 140 LARCH Avenue
This expansive 5-acre vineyard estate encompasses a primary residence adorned with 4 bedrooms and 3 bathrooms, an independent in-law suite complete with its own entrance and laundry facilities, and a charming 3-bedroom cottage. The main house, surrounded by picturesque vineyard panoramas, also boasts a generously sized deck accessible from the kitchen, ideally positioned to capture the southern and eastern sunlight, making it ideal for BBQs and basking in the Okanagan's radiant sun. Have you been dreaming of being the proprietor of your very own vineyard? This property, with its 4 acres of meticulously cultivated Gewurtztraminer, Pinot Noir, and Merlot with drip irrigation and Vertical Shoot Positioned vines, could make that dream a reality. This investment property is a treasure trove, with its low tax bracket, appealing farm status, agricultural income potential, and prospective suitability for a winery site. The estate also houses a storage building, two separate garages, a large farm edifice, and a garden shed. Its location in a highly sought-after rental area ensures reliable rental revenue streams. Nestled in a quaint rural community with a school and beach just 3 minutes away, and proximity to Penticton and all its amenities, it's a perfect mix of tranquillity and accessibility. The property offers ample space for parking, trailers, and vehicles, making it an ideal investment for the discerning buyer or an outdoor lifestyle enthusiast with a passion for gardening. (id:38686)
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Property Details
Property Tax
: $2,024MLS® #
: 10359358
Property Features
Property Type
: AgriculturalSquare Footage
: 2,436 SQFT
Room Details
Partial Bathroom
: 0
Interior Features
Heating
: Forced air, See remarks
Exterior Features
Acreage
: 5.00Roof
: Cedar shake, Wood Shingle, Unknown
Utilities
Sewer
: See remarks
Other
Parking Features
: Other, RV, See RemarksExterior Features
: Wood siding, Vinyl siding
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