Address
1448 Latta Road Kelowna, BC
Price
$ 3,600,000
Property Attributes
  • ML#10220814
  • TypeSingle Family
  • CityKelowna
  • NeighbourhoodRutland North
  • Postal CodeV1P 1B4
  • Style
  • Price$ 3,600,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2915
  • Lot Size20.9 Acres
Listing Provided Courtesy Of:
RE/MAX Kelowna
Property Description

20.9 acre apple orchard in a great central location. Currently planted to Gala (approx. 450 bins), Ambrosia (approx. 350 bins), Honey Crisp (approx. 300 bins). Leased for the 2021 season (Fixed rate 30K for the year). 5 bedroom + 2 den, 3 bathroom primary home (rented for $3500/month), 3 bedroom modular home (rented for $1200/month), + 2 pickers' cabins. Total rental revenue of $7000+ per month. Smaller plantings to cherries + pears. Equipment included (please inquire for list). Excellent opportunity for an investor who wants stabilized cash flow through multiple rentals + fixed rate orchard lease; alternatively, an attractive option for orchardists looking at getting additional land into their portfolio and taking over operations of this well-run orchard in 2022 and onward. Great slope on the orchard for airflow. Good sun exposure. Fully irrigated w/ overhead sprinklers. Turn-key orchard operation. Call the Listing Agent for more information on this property. (id:7434)

General Features

Building Basement Features Separate entrance
Building Type House
Foundation Type Concrete
More Information Link https://www.realtor.ca/real-estate/22663256/1448-latta-road-kelowna-rutland-north
Neighbourhood Rutland North
Property Type Single Family
Zoningtype In ALR

Interior Features

Basement Development Partially finished
Basement Type Partial (Partially finished)
Building Fireplace Present False
Building Heating Fuel Electric

Exterior Features

Building Roof Material Asphalt shingle
Building Roof Style Conventional
Exterior Finish Wood siding
Sewer Septic System
Structure Shed
Viewtype Mountain view, View, Valley view

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on January 14, 2021 4:00 PM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on January 14, 2021 4:00 PM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®

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Property vs Postal Code Average in V1P 1B4

Price
AVG $3.6M
$3.6M
Visits
AVG 39
33
Year Built
AVG 1945
1945