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2-bedroom House in Naramata

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:7396)


Property Details

  • 2200 sq.ft.
  • 2 Bedrooms
  • 1 Bathrooms
  • Spots

  • MLS® #: 10253528
  • Address: 2864-2860 Arawana Road,, Naramata, British Columbia, V0H1N1
  • Property Type: House
  • Year Built: 1995
  • Heating: Unspecified
  • Cooling: Unspecified
  • Water: Municipal water
  • Sewer: Septic System
  • Ownership Type: Freehold
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Listing agent(s):

  • Scott Marshall (250) 470-2388

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