1282 Corbishley Avenue Penticton, BC V2A 8V2
Listing Courtesy of:  CREA / Listed By: Sotheby's International Realty Canada

  1282 Corbishley Avenue Penticton, BC V2A 8V2

Active (128 Days)
$2,599,000 (CAD)
4
BED
3
BATH
3,408
SQFT
5.65
ACRES

Description

Breathtaking lake views define this exceptional 5.64-acre estate on the coveted Naramata Bench. The property offers a refined vineyard lifestyle with meaningful revenue potential. The 4 bedroom residence is designed for effortless living and entertaining, with soaring ceilings, expansive windows, and generous decks overlooking Okanagan Lake. The private grounds are equally compelling, featuring a solar-heated saltwater pool, gardens, and recreation space or farm-to-table living. Above the triple garage, a fully self-contained 1 bedroom carriage suite provides flexibility for guests, extended family, or supplemental income. Approximately 4.5 acres are planted with Pinot Gris and Merlot, presenting an established vineyard opportunity. For those seeking a turnkey lifestyle, the current owners are open to leasing back the grape supply, allowing for immediate income while enjoying the setting. 2025 Vineyard Income was $52k. 2025 rental income for the homes was $54k. Moments to Penticton and steps to KVR Trail, this is a rare offering where luxury living and vineyard potential meet. Whether pursuing a boutique wine venture or simply embracing the rhythm of vineyard living, this property captures the essence of the Okanagan lifestyle. As an income producing property, it is anticipated to generate $106k to $110k in 2026. An exceptional opportunity for discerning buyers seeking both lifestyle and investment in one of the South Okanagan's premiere geographical indications. (id:41440)

MLS®:
10384563
Taxes
$6,645
Lot Size
5.65 acres
Type
Land
Year Built
1940
Style
Contemporary
Views
Lake View, View of Water, Mountain View, View (Panoramic), Unknown
County
Okanagan-Similkameen

Listed By

Paul Hague, Sotheby's International Realty Canada
Source
CREA
Last checked Aug 28 2026 at 5:43 PM EDT
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Washer
  • Refrigerator
  • Dishwasher
  • Microwave
  • Dryer
  • Range - Gas
Lot Information
  • Private Setting
  • Balcony
  • Jacuzzi Bath-Tub
Property Features
  • Fireplace: Unknown
  • Fireplace: Total: 1
  • Fireplace: Gas
Heating and Cooling
  • Forced Air
  • See Remarks
  • Electric
  • Central Air Conditioning
Basement Information
  • Full
Pool Information
  • Outdoor Pool
  • Inground Pool
Flooring
  • Mixed Flooring
Exterior Features
  • Stucco
  • Roof: Unknown
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Septic Tank
Parking
  • Total: 3
  • Rv
  • See Remarks
  • Detached Garage
  • Additional Parking
Stories
  • 3
Living Area
  • 3,408 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 17, 2026
Price Changed
$2,599,000
-7%
-$200,000
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 10:43