1282 Corbishley Avenue
Penticton, BC V2A8V2
$2,599,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 3
- Lot size
- 5.65 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,645.27
Interior
- Basement
- Full
- Heating
- Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Flooring
- Mixed Flooring
Exterior & Lot
- Exterior features
- Stucco
- View
- Lake view, Mountain view, View (panoramic), Unknown
- Pool
- Inground pool, Outdoor pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 3 — covered indicated
- Features
- Detached Garage, RV, See Remarks, Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 10'7'' x 20'1'' |
| Kitchen | Second level | 8' x 14'5'' |
| Living room | Second level | 12'2'' x 14'5'' |
| Family room | Second level | 10'11'' x 16'9'' |
| Bedroom | Second level | 10'11'' x 13'11'' |
| Full bathroom | Main level | 10'11'' x 13'5'' |
| 4pc Ensuite bath | Main level | 5'9'' x 7'4'' |
| Bedroom | Main level | 10'4'' x 14'3'' |
| Primary Bedroom | Main level | 10'10'' x 10'11'' |
| Kitchen | Main level | 10'2'' x 16'9'' |
| Dining room | Main level | 9'4'' x 14'6'' |
| Living room | Main level | 9'4'' x 14'6'' |
| Storage | Basement | 24'1'' x 24'3'' |
| Laundry room | Basement | 5'10'' x 5'11'' |
| 4pc Bathroom | Basement | 6' x 9'9'' |
| Foyer | Basement | 11'6'' x 14'6'' |
| Den | Basement | 7'1'' x 8'5'' |
| Storage | Basement | 5'7'' x 8'11'' |
| Recreation room | Basement | 15'3'' x 19' |
Listing Information
- MLS®
- 10383057
- Listed
- April 13, 2026
- Time on market
- On the market for 140 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
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:63159)
Values & Trends
This listing
$763/sqft
Building average
—
No other active listings in this building
Uplands/Redlands average
$1,039/sqft
17 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
13°C
Mainly Clear
Humidity 81%
Wind NNW 3 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
36,885
(2021 Census)
+9.3% since 2016
Density: 857.2/km²
Dwellings: 18,457
Median household income: $68,000
After-tax: $61,600
Immigrant population: 13.4%
Top countries of origin (% of total population)
- United Kingdom2.6% · 960
- India1.5% · 535
- United States of America1.1% · 415
- Germany1.1% · 390
- Philippines1% · 375
- Portugal0.5% · 200
- Netherlands0.5% · 175
- Korea, South0.3% · 110
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Uplands Elementary | Elementary | 1.9 km |
| Entre-lacs | Elementary/Middle | 2.9 km |
| ConnectEd - Alternative Programs | Secondary | 3.1 km |
| Secondaire de Penticton | Secondary | 3.2 km |
| Penticton Secondary | Secondary | 3.2 km |
| Penticton Christian School(Independent) | K-12 | 3.5 km |
| Columbia Elementary | Elementary | 3.6 km |
| Queens Park Elementary | Elementary | 3.6 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Okanagan-Skaha (SD67)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.