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Renanza Realty
For sale

1282 Corbishley Avenue

Penticton, British Columbia

MLS® 10383057

$2,599,000

Status
Active
Property type
House
MLS® number
10383057
Bedrooms
4
Bathrooms
3
Year built
1940

Listing 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.

Property summary

MLS® number
10383057
Property type
Single Family
Building type
House
Square footage
3,408 sq ft
Title
Freehold
Land size
5.65 acres
Built in
1940
Annual property taxes
$6,645.27
Parking
3 spaces · Detached Garage, RV, See Remarks, Additional Parking
Days on market
140 days

Features & details

Heating
Forced air, Electric, See remarks
Cooling
Central air conditioning
Basement
Full
Flooring
Mixed Flooring
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
Exterior features
Stucco
Lot features
Private setting, Balcony, Jacuzzi bath-tub
Community features
Family Oriented
View
Lake view, Mountain view, View (panoramic), Unknown
Pool
Inground pool, Outdoor pool
Architectural style
Contemporary

What would this home cost you?

Based on the $2,599,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$12,093 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Sotheby's International Realty Canada, Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.