Farm

2885 Valleyview Road

Main South, Penticton, BC

MLS® 10394331 · 60 days on market

$1,849,000

6.3 acres

7 bed · 5.2 bath · 3,886 sqft

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Description

COURT ORDERED SALE. An exceptional investment opportunity unlike any other. Situated on 6.34 acres of prime agricultural land within Penticton city limits, this income-producing estate offers the perfect balance of lifestyle, agriculture, and long-term investment potential. With the potential to generate approximately $10,000 per month, this is a rare opportunity to own a legacy property in one of the Okanagan's most desirable locations. Framed by sweeping views of Skaha Lake and the Penticton Airport, the property features 4+ acres of mature Centennial, Christina, Staccato, and Skeena cherry orchards, creating an established agricultural operation with room to grow. Additional prepared planting areas offer opportunities to expand production, diversify crops, or create your own hobby farm or vineyard. The main residence offers incredible scale and the opportunity to transform it into a stunning country estate. A second residence and additional rental suites further enhance the property's income potential, while the annually leased orchard provides consistent returns. Whether you're building your investment portfolio, expanding an agricultural operation, or searching for a one-of-a-kind Okanagan estate with multiple income streams, this property offers exceptional versatility and lasting value. Opportunities like this are exceptionally rare! Experience the possibilities. Contact the listing agent today to arrange your private tour. (id:63159)

Property Details

Property & Lot

Sub-type
Other
Style
Other
Year built
1991
Stories
3
Lot size
6.3 acres
Title
Freehold

Interior

Heating
Baseboard heaters, Forced air, Electric
Cooling / A/C
Central air conditioning

Building & Utilities

Water source
Municipal water
Sewer
Septic tank
Parking spaces
2
Parking type
Detached Garage, RV, Additional Parking
Parcel ID (PID)
015-971-066
Security
Controlled entry

Room Dimensions

RoomLevelDimensions
Family roomBasement9'5'' x 20'4''
KitchenBasement7'9'' x 8'
2pc BathroomBasement7'7'' x 5'4''
Utility roomBasement5'11'' x 3'9''
BedroomBasement10'7'' x 9'6''
DenBasement11'2'' x 11'1''
5pc Ensuite bathSecond level13'10'' x 7'7''
Primary BedroomSecond level17'4'' x 11'6''
BedroomSecond level15'4'' x 11'6''
BedroomSecond level13'1'' x 13'7''
4pc BathroomSecond level7'5'' x 9'11''
BedroomSecond level9'10'' x 11'5''
BedroomSecond level15'4'' x 11'6''
KitchenMain level12' x 12'8''
Dining roomMain level9'9'' x 12'8''
Laundry roomMain level11'2'' x 11'6''
FoyerMain level7' x 6'11''
2pc BathroomMain level4'5'' x 6'6''
4pc BathroomMain level7'11'' x 9'10''
BedroomMain level12'11'' x 11'4''
Family roomMain level11'7'' x 18'1''
Living roomMain level11'6'' x 20'7''
Annual property tax
$14,403.3
Brokerage
Oakwyn Realty Ltd.

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

Partly Cloudy

25°C

Partly Cloudy

Humidity 41%

Wind SSE 23 km/h

Today

27°

Tonight

15°

Thursday

23°

Thursday night

Friday

21°

Friday night

Source: Environment and Climate Change Canada.

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