Acreage
1282 Corbishley Avenue
Uplands/Redlands, Penticton, BC
MLS® 10383057 · 149 days on market
$2,599,000
5.7 acres
4 bed · 3 bath · 3,408 sqft
Description
Breathtaking lake views define this exceptional 5.64-acre estate on the coveted Naramata Bench. The property offers a refined vineyard lifestyle with meaningful revenue potential. The 4 bedroom residence is designed for effortless living and entertaining, with soaring ceilings, expansive windows, and generous decks overlooking Okanagan Lake. The private grounds are equally compelling, featuring a solar-heated saltwater pool, gardens, and recreation space or farm-to-table living. Above the triple garage, a fully self-contained 1 bedroom carriage suite provides flexibility for guests, extended family, or supplemental income. Approximately 4.5 acres are planted with Pinot Gris and Merlot, presenting an established vineyard opportunity. For those seeking a turnkey lifestyle, the current owners are open to leasing back the grape supply, allowing for immediate income while enjoying the setting. 2025 Vineyard Income was $52k. 2025 rental income for the homes was $54k. Moments to Penticton and steps to KVR Trail, this is a rare offering where luxury living and vineyard potential meet. Whether pursuing a boutique wine venture or simply embracing the rhythm of vineyard living, this property captures the essence of the Okanagan lifestyle. As an income producing property, it is anticipated to generate $106k to $110k in 2026. An exceptional opportunity for discerning buyers seeking both lifestyle and investment in one of the South Okanagan's premiere geographical indications. (id:63159)
Property Details
Property & Lot
- Sub-type
- House
- Style
- Contemporary
- Year built
- 1940
- Stories
- 3
- Lot size
- 5.7 acres
- Title
- Freehold
Interior
- Basement
- Full
- Heating
- Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Flooring
- Mixed Flooring
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
- Fireplace
- 1 — Gas, Unknown
Exterior & Land
- Exterior features
- Stucco
- View
- Lake view, Mountain view, View (panoramic), Unknown
- Lot features
- Private setting, Balcony, Jacuzzi bath-tub
Building & Utilities
- Roof
- Asphalt shingle, Unknown
- Water source
- Municipal water
- Sewer
- Septic tank
- Utilities
- Water, Sewer, Natural Gas, Electricity
- Parking spaces
- 3
- Parking type
- Detached Garage, RV, See Remarks, Additional Parking
- Parcel ID (PID)
- 019-132-069
- Pool
- Inground pool, Outdoor pool
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 10'7'' x 20'1'' |
| Kitchen | Second level | 8' x 14'5'' |
| Living room | Second level | 12'2'' x 14'5'' |
| Family room | Second level | 10'11'' x 16'9'' |
| Bedroom | Second level | 10'11'' x 13'11'' |
| Full bathroom | Main level | 10'11'' x 13'5'' |
| 4pc Ensuite bath | Main level | 5'9'' x 7'4'' |
| Bedroom | Main level | 10'4'' x 14'3'' |
| Primary Bedroom | Main level | 10'10'' x 10'11'' |
| Kitchen | Main level | 10'2'' x 16'9'' |
| Dining room | Main level | 9'4'' x 14'6'' |
| Living room | Main level | 9'4'' x 14'6'' |
| Storage | Basement | 24'1'' x 24'3'' |
| Laundry room | Basement | 5'10'' x 5'11'' |
| 4pc Bathroom | Basement | 6' x 9'9'' |
| Foyer | Basement | 11'6'' x 14'6'' |
| Den | Basement | 7'1'' x 8'5'' |
| Storage | Basement | 5'7'' x 8'11'' |
| Recreation room | Basement | 15'3'' x 19' |
- Annual property tax
- $6,645.27
- Brokerage
- Sotheby's International Realty Canada
- Community features
- Family Oriented
Location Insights
Population
36,885
(2021 Census)
+9.3% since 2016
- Density
- 857.2/km²
- Dwellings
- 18,457
- Median household income
- $68,000
- After-tax
- $61,600
- Immigrant population
- 13.4%
Top countries of origin
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
Source: Statistics Canada, 2021 Census of Population.
Weather
25°C
Partly Cloudy
Humidity 41%
Wind SSE 23 km/h
Today
27°
Tonight
15°
Thursday
23°
Thursday night
7°
Friday
21°
Friday night
9°
Source: Environment and Climate Change Canada.
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