507 SKAHA HILLS Drive, Penticton

507 SKAHA HILLS Drive, Penticton

MLS® 201793

Nestled in the Hillside above Skaha Lake, situated amongst one of the most attractive collections of luxury homes in the South Okanagan, this Lakeview Estate Winery offers an immense amount of value. Completed in 2016 by the highly regarded, award winning company Greyback, the 9088sqft concrete & structural steel building features an iconic modern architectural style. The Estate includes a wine shop, tasting lounge, indoor/outdoor bistro/hospitality space, wine barrel storage & production space built to aspire to 10,000 cases of wine/year. This property contains four parcels totalling 15.59 acres with over 13 acres of planted vines (2016) consisting of Cab Franc, Cab Sav, Merlot, Muscat, Sauv Blanc, Viognier, & more. The commercial parcel is fully prepaid on a 99 year lease, and the 3 vineyard parcels that are also on a 99 year lease have a minimal annual ground lease. This property has been independently professionally appraised at $9,472,500 and is an opportunity not to be missed! Many features here with the possibility of a third story, high quality split rail & steel post trellis system, upgraded microjet irrigation, and so much more, close proximity to HWY 97, few properties will truly compare with this location! Bring your own ideas, branding or venture or the current owners are happy to help transition the property with you! Contact the listing agent today for your information package, or to view this property! (id:16512)

Property Details

Full Address:
507 SKAHA HILLS Drive, Penticton, British Columbia
Price:
$ 6,900,000
MLS Number:
201793
List Date:
November 1st, 2023
Lot Size:
15.59 ac
Year Built:
2016
Taxes:
$ 38,214

Interior Features

Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks

Building Features

Architectural Style:
Contemporary
Storeys:
2
Sewer:
Septic tank
Water:
Municipal water
Zoning:
Agricultural
Garage Spaces:
28
Taxes:
$ 38,214

Floors

Finished Area:
9088 sq.ft.

Land

View:
City view, Lake view, Mountain view, Valley view, Unknown
Lot Size:
15.59 ac

Neighbourhood Features

Amenities Nearby:
Adult Oriented, High Traffic Area

Ratings

Commercial Info

Location

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