Acreage
1230 Philpott Road
Joe Rich, Kelowna, BC
MLS® 10395082 · 54 days on market
$2,279,000
13 acres
1 bed · 1 bath · 884 sqft
Description
Turnkey income-producing property with established business operations and significant expansion potential. 1230 Philipott Road is a rare opportunity to acquire a revenue-generating acreage already performing as a short-term rental and event-based business, with financials available to qualified buyers. Generating approximately $125,000 annually from cabin rentals alone, with over $81,000 in confirmed bookings and projected income exceeding $150,000 this year. The property is improved with cabins, RV Parking, upgraded water infrastructure, and new septic systems, creating multiple stable revenue streams. The property is ideally suited for weddings, retreats, and private events, featuring a dedicated outdoor venue space with bar service area and seating capacity for up to 100 guests. Event revenue potential ranges from $10,000–$20,000 per booking, with active inquiries already in place. Additional infrastructure includes a large shop, multiple access points, full perimeter fencing and gating, irrigation, lighting, and ample on-site parking for 50+ vehicles—supporting both current operations and future growth. This offering is best suited for investors or owner-operators seeking a commercial-style asset with diversified income streams, including accommodations, RV rentals, events, and ancillary revenue opportunities such as storage, agricultural use, and service-based add-ons. Proven performance and the potential to exceed $250,000+ annually. (id:63159)
Property Details
Property & Lot
- Sub-type
- House
- Style
- Cottage, Cabin
- Year built
- 1984
- Stories
- 2
- Lot size
- 13 acres
- Frontage
- 551 feet
- Title
- Freehold
Interior
- Heating
- Baseboard heaters, Stove, Electric, See remarks, Wood
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer, Microwave
- Fireplace
- 1 — Free Standing Metal
Exterior & Land
- View
- Mountain view, Valley view, View (panoramic)
- Lot features
- Private setting, Treed, Irregular lot size
- Fencing
- Fence
Building & Utilities
- Foundation
- Block
- Roof
- Metal, Unknown
- Water source
- Well
- Sewer
- No sewage system, Septic tank
- Utilities
- Water, Natural Gas, Electricity, Cable, Telephone
- Parking spaces
- 2
- Parking type
- Detached Garage, Oversize, See Remarks, Heated Garage, Additional Parking
- Parcel ID (PID)
- 025-859-111
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 10'1'' x 18'3'' |
| Full bathroom | Main level | 10'7'' x 5'6'' |
| Kitchen | Main level | 12'2'' x 9'8'' |
| Dining room | Main level | 12'2'' x 8'5'' |
| Living room | Main level | 11'10'' x 18'1'' |
- Annual property tax
- $0
- Brokerage
- Century 21 Assurance Realty Ltd
- Community features
- Rural Setting
Location Insights
Population
144,576
(2021 Census)
+13.5% since 2016
- Density
- 682.4/km²
- Dwellings
- 67,115
- Median household income
- $82,000
- After-tax
- $73,500
- Immigrant population
- 15.3%
Top countries of origin
- United Kingdom2.1% · 3,055
- India1.6% · 2,335
- Philippines1.1% · 1,620
- Germany1.1% · 1,540
- United States of America1% · 1,375
- China0.7% · 960
- Poland0.4% · 585
- South Africa, Republic of0.4% · 525
Source: Statistics Canada, 2021 Census of Population.
Weather
26°C
Haze
Humidity 31%
Wind S 8 km/h
Today
27°
Tonight
14°
Thursday
22°
Thursday night
7°
Friday
21°
Friday night
9°
Source: Environment and Climate Change Canada.
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