2864 Arawana Road

$2,995,000

2864 Arawana Road

Naramata, BC

Type
Single Family
Status
Active
Bedrooms
2
Bathrooms
1
Living area
1,050 sqft
Year built
1954
MLS®
10394424

About this property

Bad Bear Vineyard & Inn combines established short-term rental income, scalable hospitality infrastructure, and an exceptional wine-country setting—all with minimal owner effort. The property generates strong revenue from a fully licensed, 5-star Airbnb guest cottage that’s consistently booked, plus a second residence for owner use or additional short- or long-term rentals. Beyond existing income, a 6,500 sq. ft. purpose-built outbuilding includes five high-end agri-tourism suites approximately 80% complete, offering a clear path to $300,000+ in annual revenues once finished. There’s proven demand for these suites in the area, and they’ll be among the nicest agri-accommodations in the region. Allows for events such as weddings, additional 3,000 sq. ft. within the building is also 80% complete, planned for a Wellness/botanicals business to complement the agritourism as a wellness destination. The property is priced significantly below replacement value and recent appraised value. This is where lifestyle and revenue coexist: live in one of BC’s most desirable wine regions while the property generates income. (id:66946)

Features

stuccootheraluminumfamily orientedrural settingprivate settingtreedlake viewmountain viewvalley viewview (panoramic)unknownranchrefrigeratorrangeovenhood fanwasher & dryerrvoversizeadditional parking

Listing courtesy of Landquest Realty Corporation. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.