5028 Elliot Avenue

$1,350,000

10305800
MLS#
5
Bed
3
Bath
3687 sqft
sqft

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Description

Beautiful mature cherry orchard, farm house and detached shop, on 4 acres surrounded by breathtaking mountain views. Featuring Staccato & Sweetheart varieties, the orchard boasts mature, high-density trees, meticulously cared for and irrigated with modern automatic micro jets. Just minutes away from Peachland's beautiful beachfront community, residents can enjoy easy access to amazing trails, beaches, shops and amenities. The property's farmhouse is divided into three suites, housing great long-term tenants and providing a reliable source of income. Additionally, a detached triple car shop with concrete floor and power offers additional income. Prime agricultural land, this parcel is entirely useful and easily repurposed for various agricultural pursuits, including other crops, horses, or greenhouses. Moreover, the well-run orchard is currently leased year-to-year by the same grower who planted it, contributing $12,000 annually to the property's income. The orchard lease concludes September 1st, providing flexibility for buyers to take over, or continue leasing out. With ALR A1 Zoning, secondary suites, garden suites, and agri-tourism accommodation (up to 10 sleeping units) are permitted. Connected to natural gas, ensuring convenience and efficiency. Don't miss this rare opportunity to own a piece of Peachland's agricultural paradise, where endless possibilities await in a fantastic neighborhood setting. Secure your future in farming today!

Overview

  • Price $1,350,000
  • MLS # 10305800
  • Age 1950
  • Stories 2
  • Size 3687 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Exterior Stucco
  • Water Municipal water
  • Sewer Septic tank
  • View Mountain view, View (panoramic)

Contact Scott for more information or to set up a viewing.

Contact Us (250) 470-2388