2864 Arawana Road

Price$ 2,995,000 | | CityNaramata

Set on nearly 10 acres of the Naramata Bench, 2864 Arawana Road is a rare Okanagan property that offers the flexibility to generate income today while giving you room to create more value over time. With sweeping views of Okanagan Lake, the mountains and surrounding vineyards, this is an investment with lifestyle built in. The main home is a 2-bedroom rancher with a bright, inviting living room centered around a fireplace and opening onto a large balcony overlooking the valley and lake. The home is currently rented, providing income from day one. The 1,160 sq. ft. unfinished basement has its own exterior entrance and offers additional potential for future use, subject to approvals. The separate 1-bedroom, 1-bathroom carriage house adds another proven income opportunity. Currently operating as a highly rated vacation rental, it features a spacious lake-view deck, its own fireplace and a carport. Keep it as a short-term rental, transition it to longer-term accommodation, or reserve it as a private guest retreat for family and friends. And then there is the outbuilding a significant piece of the property's future potential. With AG1 zoning, it offers an opportunity to explore a range of possibilities, from guest accommodation and a studio to a workshop, commercial kitchen, wellness space or gathering venue. Buyers should verify all permitted uses and approvals with the appropriate authorities. All of this is minutes from Naramata Village, renowned wineries, the KVR Trail and Penticton — placing you in the heart of one of the Okanagan's most sought-after wine and recreation destinations. Duplicate listing with MLS 10402276. (id:64460)

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Property Specifications
Full Address:
2864 Arawana Road, Naramata, British Columbia
Price:
$ 2,995,000
MLS Number:
10402276
List Date:
October 7th, 2026
Neighbourhood:
Naramata Rural
Square Footage:
1154 sq.ft.
Lot Size:
9.59 ac
Year Built:
1954
Taxes:
$ 6,499
Interior Features
Bedrooms:
2
Bathrooms:
1
Appliances:
Refrigerator, Range, Oven, Hood Fan, Washer & Dryer
Flooring:
Carpeted, Vinyl, Mixed Flooring
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
2
Fireplace Type:
Electric, Unknown
Building Features
Architectural Style:
Ranch
Storeys:
1
Sewer:
Septic tank
Water:
Municipal water
Roof:
Metal, Unknown
Exterior:
Stucco, Other, Aluminum
Garage:
RV, Oversize, Additional Parking
Ownership Type:
Freehold
Taxes:
$ 6,499
Floors
Finished Area:
1154 sq.ft.
Land
View:
Lake view, Mountain view, Valley view, View (panoramic), Unknown
Lot Size:
9.59 ac
Neighbourhood Features
Amenities Nearby:
Family Oriented, Rural Setting
Ratings
Location
Neighbourhood Details
REALTOR® Details
Agent: Paul Grewal Office: Chamberlain Property Group Data provided by: Association of Interior REALTORS®

About the Area

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