Property Attributes
- ID#10400086
- TypeSingle Family
- Listing Status Active
- MunicipalityLake Country
- CityLake Country
- AreaLake Country
- NeighbourhoodLake Country South West
- Postal CodeV4V 1K4
- StyleOther
- Year Built1948
- Price$ 3,150,000
- Bedrooms3
- Bathrooms2
- Half Bathrooms0
- Sqr Footage2709
- Lot Size10.2 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
This 10.2-acre orchard offers a rare combination of established agricultural income, multiple residences, and significant untapped upside potential. The property is planted with a premium, high-value cherry mix — Staccato, Sweetheart, Sentenniel, and Crystalina — with trees now entering their prime at 6 years old. This season the orchard produced approximately $200,000 in net sales, with production trending upward as the trees mature toward full yield. The property includes two homes and a cabin. The two main homes are currently vacant, and the seller is undertaking a complete renovation of both, giving opportunity for a buyer to select their own finishings. Once renovated, each home is projected to generate approximately $3,000/month and $2,000/month in rental income, with the cabin being rented for $500/month, for a combined potential of $5,500/month. The property previously has had an operating fruit stand, that benefitted from the direct frontage on a high-traffic road and being on the wine touring corridor, capturing significant seasonal retail revenue from residents and tourists already passing through the area. A garage with a cold storage fridge rounds completes the property, supporting orchard operations and harvest logistics from day one. Crystalina cherries provide some of the earliest cherries in the valley, and Sentenniel cherries some of the latest, giving a longer season for operating a fruit stand. The elevated upper portion of the property has potential for a buyer to build a large custom estate home, taking advantage of sweeping valley views. The property is roughly 10–12 minutes to Kelowna International Airport, 25 minutes to downtown Kelowna, and 20 minutes to Vernon, with Wood Lake and Lake Country's beaches, parks, and UBC Okanagan all close by. This is a turnkey agricultural asset with a working income stream, near-term rental upside, and long-term development optionality. (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| Neighbourhood | Lake Country South West |
| Building Architectural Style | Other |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Fuel | Electric |
| Construction Style Attachment | Detached |
| Living Area Range | 2709 |
| Bedrooms | 3 |
Exterior Features
| Sewer | Septic tank |
|---|
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bedroom | 10' x 10' | Main level | ||
| Full bathroom | Measurements not available | Main level | ||
| Kitchen | 10' x 10' | Main level | ||
| Living room | 10' x 10' | Main level | ||
| Primary Bedroom | 10' x 10' | Main level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V4V 1K4
In The Neighbourhood
Lake Country
$ 997,000
- Type
- Single Family
- Size
- 1,935 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Lake Country
$ 1,349,000
- Type
- Single Family
- Size
- 2,791 SqFt
- Rooms
- 6 Beds + 3.5 Baths
Lake Country
$ 1,787,000
- Type
- Single Family
- Size
- 3,218 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Lake Country
$ 1,499,900
- Type
- Single Family
- Size
- 1,388 SqFt
- Rooms
- 2 Beds + 2 Baths
Lake Country
$ 2,495,000
- Type
- Single Family
- Size
- 3,728 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Lake Country
$ 939,000
- Type
- Single Family
- Size
- 2,369 SqFt
- Rooms
- 5 Beds + 3 Baths
Lake Country
$ 1,849,900
- Type
- Single Family
- Size
- 3,033 SqFt
- Rooms
- 5 Beds + 3 Baths
Lake Country
$ 1,599,900
- Type
- Single Family
- Size
- 3,141 SqFt
- Rooms
- 5 Beds + 4 Baths
Lake Country
$ 1,750,000
- Type
- Single Family
- Size
- 3,432 SqFt
- Rooms
- 3 Beds + 3 Baths
Lake Country
$ 1,249,800
- Type
- Single Family
- Size
- 2,408 SqFt
- Rooms
- 4 Beds + 3 Baths
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