$2,599,000 | Uplands/Redlands Penticton for Sale at 1282 Corbishley Avenue Penticton

Explore 1282 Corbishley Avenue, a Desirable Uplands/Redlands home for sale for $2,599,000! This Uplands/Redlands Contemporary for sale in Penticton has been listed on Real-Estate.ca for 62 days under MLS® #10383057. It has had a $200,000 price change under this MLS#. This home is a 3,408 square foot Contemporary Single Family built in 1940 with 4 bedrooms and 3.00 bathrooms. Parking is Detached Garage, RV, See Remarks, Additional Parking. Explore the Penticton real estate market and available Uplands/Redlands homes for sale!

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:6289)

Uplands/Redlands Map, Demographics, Characteristics