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507 Skaha Hills Drive Penticton, British Columbia V2A 0A9

9088 sqft
Contemporary Forced Air, See Remarks Acreage

$8,100,000

Nestled in the hillside overlooking Skaha Lake, situated amongst one of the most attractive collections of luxury homes in South Okanagan, Play Estate Winery offers immense value. The property contains four parcels totaling 15.59 acres and is on a 99 year lease. The 9088sqft commercial building which was built in 2016, includes the winery, a wine shop, a tasting lounge, 100 seat indoor/outdoor luxurious restaurant, wine barrel, storage and production space built to produce 10,000 cases of wine a year, and is on a 3 acre parcel that is prepaid for 99 years. The 12 acre vineyard has minimal ground lease and is also on a 99 year lease with the vines producing 350 tons of assorted grapes. There is room to expand as the winery has been built to accommodate an additional story for banquet space or four large apartments. Further, there is potential to build a bed and breakfast facility of 30 or more rooms. Currently, this property is priced $1 million + under an independent appraisal and is an opportunity that can’t be missed! (id:20009)

Property Details

MLS® Number 201793
Property Type Agriculture
Neigbourhood Main South
Amenities Near By Airport
Community Features Adult Oriented, High Traffic Area
Farm Type Unknown
Parking Space Total 28
View Type Unknown, City View, Lake View, Mountain View, Valley View

Building

Architectural Style Contemporary
Constructed Date 2016
Heating Type Forced Air, See Remarks
Stories Total 2
Size Interior 9088 Sqft
Type Other
Utility Water Municipal Water

Land

Access Type Easy Access, Highway Access
Acreage Yes
Land Amenities Airport
Sewer Septic Tank
Size Irregular 15.59
Size Total 15.59 Ac|10 - 50 Acres
Size Total Text 15.59 Ac|10 - 50 Acres
Zoning Type Agricultural

https://www.realtor.ca/real-estate/26236250/507-skaha-hills-drive-penticton-main-south

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Jill Jennex

(250) 486-6922
www.jilljennex.com/
https://www.facebook.com/realtyagentokanagan/
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Parker Real Estate
13242 Victoria Road N
Summerland, British Columbia V0H 1Z0

(250) 490-6302