1282 CORBISHLEY AVENUE - 4 Beds 3 Bath - $2,799,000

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$2,799,000
1282 CORBISHLEY AVENUE
Penticton, British Columbia V2A8V2
MLS® Number: 10383057
4Beds
3Baths
3,408Sq Ft
3Parking
1940Year Built
Single FamilyType

About This Property

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:64973)

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Property Details

Bedrooms4
Bathrooms3
Living Area3,408 sq ft
Lot Size5.65 (6 acres)
Year Built1940
Property TypeSingle Family
Parking3
HeatingForced air, Electric, See remarks
CoolingCentral air conditioning
FireplaceGas, Unknown
PoolInground pool, Outdoor pool
AppliancesWasher, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
ViewLake view, Mountain view, View (panoramic), Unknown
CommunityFamily Oriented
Annual Taxes$6,645
CityPenticton
Postal CodeV2A8V2
MLS® #10383057

Location

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