$11,900,000

This spectacular multi-purpose vineyard property spans nearly 18 acres and provides a rare opportunity to own a little piece of heaven in the beautiful Okanagan. This 2-parcel property, currently zoned R1 & A2 with the OCP future land use designation as low density residential, is not in the ALR and allows for up to 105 detached residential units or 175 duplex/cluster housing units. All servicing incl. water, sewer, gas, and hydro to the property. Situated on a gradual slope parcel close to Okanagan Lake, this S/E facing property is gated on 2 sides and boasts panoramic lake views from the Bennett Bridge in Kelowna to the North & Penticton to the South. Lovingly curated by a master of his craft, the vines, mostly planted in 1997, are primarily sumptuous red varietals. The fruit from this vineyard has produced award winning Pinot Noir wines year after year. If winemaking is not a passion, a purchaser can develop this property into a vibrant new neighbourhood with possible options for hospitality lodging as well. There is a cozy 3-bedrm home on the property suitable for workers or rental and a state-of-the art nearly 3,000 SF warehouse for winemaking or storage purposes. This is a rare opportunity to grow a good yield of grapes, make wine, build a tasting room, add a small Agri-tourism accommodation, or redevelop into a master-planned community in an area where accommodation is in high demand. Come and have a tour of this magnificent property to see the potential for yourself! (id:56785)