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Unique RecreationalMLS® #10324984other

The Canadian Napa Valley Experience

18555 Matsu Drive, Summerland, British Columbia
$11,900,000
4
Bedrooms
4
Bathrooms
4,576
Sq Ft

Property 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 sqft of interior living with 4 beds + den, 4 baths, 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. Further opportunity exists with agritourism allowances; the lower outbuilding is perfect to convert into an agritourism accommodation building, or camping stalls may be permitted. This is a great opportunity to obtain a premium brand, a stunning residence, productive farmland with upside, and some of the best views that the Okanagan has to offer. (id:3745)

Description sourced from MLS® listing. Content courtesy of the listing brokerage.

Part of the Unique Recreational collection. Listing data courtesy of Sotheby's International Realty Canada.

Property Details

TypeSingle Family
Price / Sq Ft$2,601
CitySummerland

Market Position

Est. $/Sq Ft$2600
Market TrendAppreciating

Luxury recreational properties, especially unique winery estates, often have longer days on market due to their specialized buyer pool and high price point, but typically sell for a premium once the right buyer is identified.

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Third-party listing — not listed by August Real Estate Group. Information sourced from the MLS® system for market intelligence purposes only. August Intelligence analysis represents independent market commentary, not a listing presentation. Data deemed reliable but not guaranteed; verify independently. MLS®, REALTOR® are trademarks of CREA. Licensed under BCFSA.

Listing Courtesy Of

Sotheby's International Realty Canada
Nate Cassie
August Real Estate GroupOakwyn Realty Okanagan

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Contact

250.300.3672[email protected]
Oakwyn Realty Okanagan
473 Bernard Avenue
Kelowna, BC V1Y 6N8

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