LAKEVIEW VINEYARD! 7.29 acres featuring 6 acres of Pinot Noir grapes planted in 2024! Seize a rare investment opportunity with this extraordinary property offering the perfect blend of income potential, lifestyle, and future development. The vineyard is leased for the 2026 season to a local winery for full caretaking and grape sales, creating a truly hands-off income property. The existing home generates $2,500/month from a long-term tenant who would love to stay-providing immediate, stable cash flow. This flat, expansive parcel is ideally located just a short drive from town, offering both privacy and convenience. The property includes a well-maintained 4-bed, 2-bath home, along with a massive 26' x 82' four-bay garage and workshop. One bay features a cooling system, ideal for fruit storage. Advanced irrigation system & fertilizer injector are in place to support optimal vineyard production. With a generous building envelope, this property is perfect for those looking to build a custom dream home while enjoying breathtaking views over Okanagan Lake and southern city lights. Take in spectacular sunsets and enjoy a front-row seat to fireworks right from your backyard. Whether you're looking to develop, invest, or simply hold a low-maintenance, income-generating property until you're ready to build, this offering delivers exceptional flexibility and long-term potential. Don't miss this rare opportunity contact us today to explore everything this unique property has to offer. (id:374)
| MLS # | 10381116 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1972 |
| Days On Site | 223 |
| Listing Provided By | RE/MAX Orchard Country | Stephanie Erdt |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,327 |
| Garage | 4 |
| Story(s) | 2 |
| Acreage | 7.29 |
| Cooling | Heat Pump |
|---|---|
| Heating | Electric |
| Appliances | Washer, Refrigerator, Range - Electric, Dishwasher, Dryer |
| Fireplace Yes / No | Yes |
| Fireplace Features | Wood, Conventional |
| Fireplaces Total | 2 |
| Roof | Asphalt shingle, Unknown |
|---|
| Parking Features | Detached Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Septic tank |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3143.27 |
|---|
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z7 |
| Listing VS Median (in V0H1Z7) | |
Price: $2,499,000 low | high Med: $999,000 sqft: 2,327 low | high Med: 2,428 $ / sqft: $1,074 low | high Med: $411 On site: 223 low | high Med: 43 | |
| Province | BC |
|---|---|
| City | Summerland |
| Postal Code | V0H1Z7 |
| Listing VS Median (in V0H1Z7) | |
Price: $2,499,000 low | high Med: $999,000 sqft: 2,327 low | high Med: 2,428 $ / sqft: $1,074 low | high Med: $411 On site: 223 low | high Med: 43 | |
![]() | $2,499,0005711 White StreetSummerland, BC V0H1Z7 |