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Renanza Realty
For sale

18555 Matsu Drive

Summerland, British Columbia

MLS® 10379814

$9,900,000

Status
Active
Property type
House
MLS® number
10379814
Bedrooms
4
Bathrooms
4
Year built
2008

Listing description

Offered for sale is Sage Hills Estate Winery, an established premium boutique winery in Summerland, BC. This offering includes a stunning modern residence, all located on an irreplaceable 10. 36 acre parcel overlooking Lake Okanagan.

The main home features 4,576 square feet of interior living with four bedrooms plus den, four bathrooms, perched on the mountainside with gorgeous architectural features, including cantilevered living room with 270 degree views. Infinity pool, smart home technology, triple garage, and panoramic views that will surpass all expectations. Over 10 acres of freehold land with vineyards, and long-term leases on neighbouring parcels, as well as a certified organic winery operation with wine-making equipment, tasting room, large venue-friendly patio perfect for weddings or parties, and more.

A newly constructed ~80'x40' two storey outbuilding is roughed in for extra accommodations, storage, and expanded operations. The business comes with transferable contracts in place for the next owner. Well-suited for owner-operators wishing to take over operations in full, or an owner wishing to live in a modern home set among the vines with stunning views while the winery runs itself.

Management and employees are willing to stay on to assist with a transition, or they can continue to run the operation in full for an absent owner. This is a great opportunity to obtain a premium brand, a stunning residence, and some of the best views that the Okanagan has to offer.

Property summary

MLS® number
10379814
Property type
Single Family
Building type
House
Square footage
4,576 sq ft
Title
Freehold
Land size
10.36 acres
Built in
2008
Annual property taxes
$10,065.60
Parking
13 spaces · Attached Garage, Heated Garage, Additional Parking
Days on market
172 days

Features & details

Heating
Forced air, Other, Geothermal
Cooling
Central air conditioning
Basement
Full
Flooring
Hardwood, Carpeted, Ceramic Tile
Exterior features
Stone, Wood siding, Metal
Lot features
Irregular lot size, Balcony
Community features
Pets Allowed
View
Lake view, Mountain view, View (panoramic)
Pool
Pool, Outdoor pool
Architectural style
Ranch

What would this home cost you?

Based on the $9,900,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$46,063 /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, Kelowna.

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.