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  • Price$3,600,000
  • Beds5
  • Baths3
  • SQ. Feet2,915
  • Acres20.90
  • Built1945

1448 Latta Road, Kelowna

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:6289)

Essential Information

  • Listing #10220814
  • Price$3,600,000
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,915
  • Acres20.90
  • Year Built1945
  • TypeSingle Family
  • Sub-TypeFreehold

Amenities

  • ViewMountain view, View, Valley view

Exterior

  • ExteriorWood siding
  • RoofAsphalt shingle
  • FoundationConcrete

Listing Details

  • Listing OfficeRE/MAX Kelowna

Community Information

  • Address1448 Latta Road
  • SubdivisionRutland North
  • CityKelowna
  • ProvinceBritish Columbia
  • Postal CodeV1P1B4

Interior

  • HeatingElectric
  • Has BasementYes
  • BasementSeparate entrance
  • # of Stories2

Additional Information

  • ZoningIn ALR
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