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Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 5028 Elliot Avenue |
Area | Central Okanagan |
Sub Area | PE - Peachland |
State/Province | British Columbia |
Country | Canada |
Price | $1,295,000 |
Property Type | Single Family - Detached w/Acreage |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 3687 Square Feet |
Lot Size | 4.00 Acres |
Waterfront | No |
Year Built | 1950 |
Taxes | $1,890 |
Tax Year | 2024 |
MLS® # | 10324109 |
Nestled on 4 picturesque acres, this property features a mature cherry orchard, farmhouse, and a detached shop, all framed by stunning mountain views. The orchard, home to Staccato and Sweetheart varieties, is meticulously maintained with high-density trees and a modern automatic micro-jet irrigation system. Located just minutes from Peachland's vibrant beachfront community, you’ll enjoy convenient access to trails, beaches, shops, and amenities. The farmhouse is divided into three rental suites, two of which are occupied by reliable long-term tenants, providing a steady stream of income. In addition, a detached triple-bay shop with a concrete floor and power offers further income potential. This prime agricultural land is versatile, suited for various uses such as other crops, horses, or greenhouses. The well-managed orchard is currently leased year-to-year by the original grower, generating $12,000 annually. With ALR A1 Zoning, the property allows for additional secondary suites, garden suites, and even agri-tourism accommodations for up to 10 guests. Connected to natural gas, the home is both convenient and efficient. This is a well priced opportunity to own a piece of Peachland’s agricultural heritage, with boundless potential in a prime neighborhood. Whether you're looking to farm, invest, or create a peaceful retreat, this property has it all. Don't miss your chance to secure a future in this beautiful, thriving community!
Listed by RE/MAX KELOWNA
Location
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About
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.