Acreage

18555 Matsu Drive

Summerland Rural, Summerland, BC

MLS® 10379814 · 175 days on market

$9,900,000

10 acres

4 bed · 4.1 bath · 4,576 sqft

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Description

Offered for sale is Sage Hills Estate Winery, an established premium boutique winery in Summerland, BC. This offering includes a stunning modern residence, all located on an irreplaceable 10.36 acre parcel overlooking Lake Okanagan. The main home features 4,576 square feet of interior living with four bedrooms plus den, four bathrooms, perched on the mountainside with gorgeous architectural features, including cantilevered living room with 270 degree views. Infinity pool, smart home technology, triple garage, and panoramic views that will surpass all expectations. Over 10 acres of freehold land with vineyards, and long-term leases on neighbouring parcels, as well as a certified organic winery operation with wine-making equipment, tasting room, large venue-friendly patio perfect for weddings or parties, and more. A newly constructed ~80'x40' two storey outbuilding is roughed in for extra accommodations, storage, and expanded operations. The business comes with transferable contracts in place for the next owner. Well-suited for owner-operators wishing to take over operations in full, or an owner wishing to live in a modern home set among the vines with stunning views while the winery runs itself. Management and employees are willing to stay on to assist with a transition, or they can continue to run the operation in full for an absent owner. This is a great opportunity to obtain a premium brand, a stunning residence, and some of the best views that the Okanagan has to offer. (id:63159)

Property Details

Property & Lot

Sub-type
House
Style
Ranch
Year built
2008
Stories
2
Lot size
10 acres
Frontage
791 feet
Title
Freehold

Interior

Basement
Full
Heating
Forced air, Other, Geothermal
Cooling / A/C
Central air conditioning
Flooring
Hardwood, Carpeted, Ceramic Tile
Fireplace
2 — Gas, Unknown

Exterior & Land

Exterior features
Stone, Wood siding, Metal
View
Lake view, Mountain view, View (panoramic)
Lot features
Irregular lot size, Balcony

Building & Utilities

Roof
Metal, Other, Unknown
Water source
Municipal water
Sewer
Septic tank
Parking spaces
13
Parking type
Attached Garage, Heated Garage, Additional Parking
Parcel ID (PID)
012-633-542
Pool
Pool, Outdoor pool

Room Dimensions

RoomLevelDimensions
Utility roomLower level12'7'' x 13'10''
Dining roomMain level14'10'' x 17'11''
KitchenMain level14'10'' x 22'7''
Family roomMain level14'5'' x 10'5''
DenMain level13'5'' x 11'10''
2pc BathroomMain level5'4'' x 6'0''
Primary BedroomMain level12'11'' x 14'10''
OtherMain level9'5'' x 10'1''
Full ensuite bathroomMain level15'7'' x 16'7''
SaunaMain level'0'' x '0''
FoyerMain level6'8'' x 10'11''
Recreation roomLower level14'1'' x 29'0''
BedroomLower level11'7'' x 16'0''
3pc Ensuite bathLower level5'10'' x 9'9''
BedroomLower level10'8'' x 12'2''
3pc BathroomLower level12'9'' x 13'11''
BedroomLower level12'9'' x 13'11''
OtherLower level7'10'' x 8'3''
Wine CellarLower level7'9'' x 9'4''
Laundry roomLower level7'1'' x 8'0''
Mud roomLower level7'2'' x 11'2''
Living roomMain level25'2'' x 19'0''
Annual property tax
$10,065.6
Brokerage
Sotheby's International Realty Canada
Community features
Pets Allowed

Location Insights

Population

12,042

(2021 Census)

+3.7% since 2016

Density
162.6/km²
Dwellings
5,426
Median household income
$82,000
After-tax
$74,000
Immigrant population
12.2%

Top countries of origin

  • United Kingdom3.3% · 395
  • Germany1% · 125
  • India0.9% · 110
  • United States of America0.8% · 95
  • Netherlands0.7% · 85
  • Poland0.4% · 50
  • Hungary0.3% · 40
  • Philippines0.3% · 40

Source: Statistics Canada, 2021 Census of Population.

Weather

25°C

Humidity 36%

Wind ESE 18 km/h

Today

27°

Tonight

15°

Thursday

23°

Thursday night

Friday

21°

Friday night

Source: Environment and Climate Change Canada.

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