2864 Arawana Road Naramata, British Columbia V0H 1N1
$4,398,000
We are excited to offer a rare income producing estate property with panoramic views - this fully booked 5-Star 2 home property is a thriving licensed vacation rental business, with 5 additional high end luxury units near completion ready to elevate income to the $400k net range. This stunning 10 acre property is perched along the renowned Naramata Bench with breathtaking lake views, 3 acres of mature vineyards, 2 detached homes, 5 agri-tourism vacation rental suites, plus a large space for a variety of commercial purposes with room to expand in the future. The 6500sqft outbuilding and agri-tourism suites are about 80% complete - the new owners can customize to suit their personal style and use case. The remaining ~3500sqft commercial space currently contains a finished office, staff kitchenette, gown-up area with 2 bathrooms, shower & hamper room, shipping/receiving, processing room, and storage rooms. This space would suit a variety of purposes including indoor vertical grow production and workshops (all to GMP specifications), commercial kitchen for workshops & events, wellness or yoga studio, spa, etc. There is also potential to add a 6000+ sf rooftop patio which would be a dream location for an event venue, gazebo, sauna, and outdoor bar. Zoning allows for 15 events per year with 10 weddings permitted annually (buyer to verify) for additional revenue. Recently appraised over $5m with a replacement value of the outbuilding alone, estimated to be over $2m. Long time owner forced to sell due to health considerations. This highly versatile property has immense revenue potential and should not be missed. Please contact the listing agent for more information or to arrange a tour. (id:62288)
Property Details
| MLS® Number | 10338225 |
| Property Type | Other |
| Neigbourhood | Naramata Rural |
| Community Features | Rural Setting |
| Features | Private Setting |
Building
| Exterior Finish | Aluminum, Stucco, Other |
| Roof Material | Metal |
| Roof Style | Unknown |
| Size Interior | 8,407 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Current Use | Mixed Use |
| Fence Type | Fence |
| Sewer | See Remarks, Septic Tank |
| Size Irregular | 10.14 |
| Size Total | 10.14 Ac|10 - 50 Acres |
| Size Total Text | 10.14 Ac|10 - 50 Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28004928/2864-arawana-road-naramata-naramata-rural
Contact Us
Contact us for more information
Jodie Graham
Personal Real Estate Corporation
jodiegraham.com/
100-3200 Richter Street
Kelowna, British Columbia V1W 5K9
(778) 738-4260
www.stilhavn.com/
Ben Chimes
Personal Real Estate Corporation, Chimes Real Estate Group
www.chimesgroup.ca/
36 East 5th Avenue
Vancouver, British Columbia V5T 1G8
(604) 398-7999
(604) 988-1239
www.stilhavn.com
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July 17 2025 05:02:36
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