2864-2860 Arawana Road,

Agriculture For Sale in Naramata, British Columbia

$3,950,000
  • 2 Beds
  • 1 Baths
  • 2,200 Sq. Ft.
  • Built 1995
AUCTION OPPORTUNITY; 10 acre property on the coveted Naramata Bench, featuring a picturesque and productive 3 acre vineyard. Great mix of estate-style living and income-producing opportunities. 6500 sq.ft. newer warehouse with +/- $1,000,000 invested. Originally built for cannabis production but easily reconfigured for other uses. Built to EU GMP standards for food growing and processing, and would be well suited for a vertical grow operation or other manufacturing. Possible conversion to 5 agritourism units, which the owner investigated thoroughly. Riesling vineyard produces approximately 7-9 tons annually with possibilities to increase production. There is a 1050 sq.ft. primary home (rented $1,850 / month) with a newer, modernized 750 sq.ft. guest home with spectacular lake and valley views. AUCTION LAUNCH: June 7 2022. BID DEADLINE: July 21 2022. BEST & FINAL: July 28 2022. Bids start at $2,500,000. Undisclosed reserve is set $200,000 below appraised value and $700,000 below prior accepted offer price. Contact the listing agent for information on how to register and submit a bid prior to the deadline. (id:4069)
Address 2864-2860 Arawana Road,
List Price $3,950,000
Property Type Agriculture
Area British Columbia
Sub-Area Naramata
Bedrooms 2
Bathrooms 1
Floor Area 2,200 Sq. Ft.
Lot Size 10.2 Sq. Ft.
Year Built 1995
MLS® Number 10253494
Listing Brokerage RE/MAX Kelowna
Postal Code V0H1N1

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Ernie Sheridan

RE/MAX Penticton Realty

101 - 3115 Skaha Lake Road Penticton BC V2A 6G5

Mobile: 250-488-1688

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