New Listing168 Lower Bench Road is a premier 4.31-acre agricultural estate offering breathtaking panoramic views of Okanagan Lake, surrounding mountains, and the city. Perfect for an estate investor or boutique winery conversion, this turn-key property features a high-yielding, fully deer-fenced 3-acre Merlot vineyard completely overhauled in 2020 with new posts, premium vines, and a modernized irrigation system. Massive operational value is anchored by the irreplaceable 3,000 sq. ft. insulated barn featuring secure storage/barrel rooms, a powder room, and heavy-duty custom doors. The estate includes a substantially upgraded 4-bedroom, 2-bathroom view home outfitted with 200-amp service and a city sewer connection; remarkably, the farm zoning permits the rare opportunity to build a second estate home, allowing you to design an architectural lakefront masterpiece while utilizing the existing home as a premium manager's residence. Secured by a modern power-coded electric entrance gate opening to a massive, newly gravelled parking area for guests and machinery, this exceptional wine-country legacy property sits just steps from the historic KVR Trail and Penticton's finest beaches and it's only minutes to downtown Penticton. There are lots upgrades & Improvements including new roof installed and home addition built in 2001, replacement windows in 2010, modernized downstairs and upstairs bathrooms in 2022-2023, new flooring in the upstairs and downstairs entranceways in 2024 and more. (id:13843)
| MLS # | 10404985 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Status | Active |
| Year | 1963 |
| Days On Site | 2 |
| Listing Provided By | Laboutique Realty (Kelowna) | Linda Sunny Sun |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,137 |
| Story(s) | 2 |
| Acreage | 4.31 |
| Water Front | Yes |
| Property View | Lake view, Mountain view |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air |
| Appliances | Refrigerator, Oven, Microwave, Washer & Dryer |
| Fireplace Yes / No | Yes |
| Fireplace Features | Electric, Unknown |
| Fireplaces Total | 2 |
| Roof | Asphalt shingle, Unknown |
|---|
| Parking Features | RV, Additional Parking |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5097.86 |
|---|
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1A8 |
| Listing VS Median (in V2A1A8) | |
Price: $2,100,000 low | high Med: $1,325,000 sqft: 2,137 low | high Med: 4,190 $ / sqft: $983 low | high Med: $535 On site: 2 low | high Med: 112 | |
| Province | BC |
|---|---|
| City | Penticton |
| Postal Code | V2A1A8 |
| Listing VS Median (in V2A1A8) | |
Price: $2,100,000 low | high Med: $1,325,000 sqft: 2,137 low | high Med: 4,190 $ / sqft: $983 low | high Med: $535 On site: 2 low | high Med: 112 | |