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507 Skaha Hills Drive Penticton, British Columbia V2A 0A9

9088 sqft
Forced Air Acreage Landscaped

$8,100,000

Nestled in the hillside overlooking Skaha Lake, situated amongst one of the most attractive collections of luxury homes in South Okanagan, Play Estate Winery offers immense value. The property contains four parcels totaling 15.59 acres and is on a 99 year lease. The 9088sqft commercial building which was built in 2016, includes the winery, a wine shop, a tasting lounge, 100 seat indoor/outdoor luxurious restaurant, wine barrel, storage and production space built to produce 10,000 cases of wine a year, and is on a 3 acre parcel that is prepaid for 99 years. The 12 acre vineyard has minimal ground lease and is also on a 99 year lease with the vines producing 350 tons of assorted grapes. There is room to expand as the winery has been built to accommodate an additional story for banquet space or four large apartments. Further, there is potential to build a bed and breakfast facility of 30 or more rooms. Currently, this property is priced $1 million + under an independent appraisal and is an opportunity that can’t be missed! (id:37990)

Business

Business Type Agriculture, Forestry, Fishing and Hunting
Business Sub Type Agriculture

Property Details

MLS® Number 201792
Property Type Other
Neigbourhood Main South
Amenities Near By Airport
Community Features High Traffic Area
Parking Space Total 26
View Type Unknown, City View, Lake View, Mountain View, Valley View, View Of Water

Building

Constructed Date 2016
Heating Type Forced Air
Size Interior 9088 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Access Type Easy Access, Highway Access
Acreage Yes
Current Use Mixed Use
Land Amenities Airport
Landscape Features Landscaped
Size Irregular 15.59
Size Total 15.59 Ac|10 - 50 Acres
Size Total Text 15.59 Ac|10 - 50 Acres
Zoning Type Unknown

https://www.realtor.ca/real-estate/26236251/507-skaha-hills-drive-penticton-main-south

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Artfully uniting extraordinary lives with extraordinary homes is what we do. Whether you are curious as to your home's current value, or you wish to discuss what improvements and staging you can do to your home that will translate into increased value when selling, let our expertise guide you. Complete this form and we will contact you to discuss how we can be of value.

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  • Thank you for everything. I am so happy we chose your team as you were all so fantastic. You made the process very seamless. I will totally recommend you to others.

    Ryan and Natasha H.

  • We’ve been working with Justin for two years with much success. Justin and his group are organized, professional, efficient, available, and get the job done without chaos and confusion! Justin handles the clients calmly and professionally and keeps things running smoothly. We highly recommend him!"

    Scott & Gina Tyerman

  • Moving from another city, it was easy to see Kelowna offers many choices when it comes to choosing a Realtor®. If you are looking for a knowledgeable, well-connected professional, look no further than Justin O’Connor. He is thorough in his appraisal work and negotiates with a quiet confidence. Justin takes the time to get to know his clients, listens to their plans and stay focussed on their goals. It was a pleasure to work with Justin and his Sotheby’s team. They always kept the process enjoyable and stayed in touch. Justin and his team know how to ease the stresses that come with making big decisions and… he has a great sense of humor!

    Anne Johnston

  • I think I was still in shock last night when we went through this process. Grant and I have loved our home over the years and have always taken pride in updating it for our own enjoyment. When we decided to move to a view lot and build our dream home, we knew our home would be attractive given the location and lot size. Your advice regarding further updates and staging was obviously very advantageous. Thank you!! I would also like to let you and Justin know (as I said, I think I was in a state of shock last night) since I didn’t say so last night, we are so appreciative of everything you have done for us to make this sale happen. I totally understand all of the behind the scenes work you both did with gathering information and providing immediate response to any agent query. You both represented Grant and I very, very well! I know we can’t totally celebrate until March 23 however, the heavy lifting is done. I would not hesitate to recommend the Justin O’Connor Group to anyone buying or selling!

    Grant and Joyce

  • Working with Sotheby's was nothing less than professional. From start to finish everything went smoothly. It's good to choose a realtor that puts the client's interest first. I would recommend anyone selling their property to not hesitate going with Justin and the team!!

    Ernie and Sue

  • When selling your home, it is essential that you are using the most professional and experienced people to guide you through this often complex process. The Sotheby’s group met all of our criteria and requirements to ensure we valued our house at the right price and made sure the entire experience was handled properly from day one all the way through to the final closing. We would highly recommend their friendly expert services.

    Guy and Sonja

  • We have worked with the Justin O Connor team for both the sale of our show homes over the past 5 years as well as for our own personal home sales. The professionalism and knowledge ensured the process proceeded smoothly.

    They do their research and deliver first class service throughout the sale process which carries through to the after-sale support as well. As a custom homebuilder it is important that we have a smooth transition to our clients as we turn over our homes.

    I recommend the team for your real estate needs. You need a great team in the ever-evolving market here in the Okanagan.

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