2864 ARAWANA ROAD, Naramata, British Columbia V0H1N1

2864 Arawana Road spans 10.16 gated acres along the Naramata Bench, offering open space, privacy, and about three acres of mature Riesling vineyards. The property provides a strong non winery related income stream while also allowing for growth and customization and let existing vacation management do all the work. The main residence is a 1,050 sq ft remodeled two-bedroom rancher, ideal for owners or your own plans, with a large outdoor patio, mature gardens, and a full-height unfinished basement. There is a one-bedroom guest cottage, currently a licensed Airbnb generating roughly $80,000 annually with consistent five-star reviews, adds immediate income. The property also includes a 6,500 sqft outbuilding built to EU GMP standards. With close to 2 million invested, this first-class building incorporates five high-end Agri-tourism suites that are about 80% complete; once finished, they will further expand income opportunities. The building also features a finished office, staff kitchenette, gown-up area with two bathrooms and a shower, hamper room, and dedicated shipping, processing and storage areas. The outbuilding and suites together provide a flexible space for a variety of uses, including a small production facility, wellness studio, or event venue. Zoning allows 10 weddings per year and much interest shown for this as a venue. A rooftop patio of over 6,000 sq ft could be added( with approvals), the estate is functional and ready for your finishing touches. (id:39198)

Inclusions: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer