507 SKAHA HILLS Drive

507 SKAHA HILLS Drive Penticton

$6,900,000
City:
Penticton
Prop. Type:
Other
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
2016
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 term. 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!
Property Type:
Other
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
2016 (Age:8 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
N/A
Heating:
Forced air
Heating fuel:
N/A
Water supply:
Municipal water
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
N/A
Sewer:
N/A
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Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]