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Summerland, BC

13610 Banks Crescent
Summerland, BC V0H1Z1

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14ac

Lot Size

Bidding Starts from

$2,000,000

Auction Date

August 12, 2021

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Auction Details & Logistics

Bidding starts

$2,000,000

Auction Date

August 12, 2021

Auction Time

12:00pm PST

Experience

In Person and Online

In Person

Online Only

Online

Bidding Live
@ 12:00pm PST

Simply the lakeside opportunity of a lifetime in Summerland, British Columbia. You'll find 14 acres of varied landscapes with approximately half of it mature vineyards, only a five minute walk from the beach and marina, a five minute drive from downtown Summerland, and a 40 minute lakeside drive to downtown Kelowna. 
Four titles on offer as one parcel, either rebuild the existing structure (fire damaged and currently unlivable, but certainly not unlovable), or mix with the lot lines as you see fit and build several single family homes, selling some to finance your dream. Entrepreneurial, or a budding vintner? Resurrect the approximately 50-year old vines (left fallow for the past three seasons), and enjoy a regular harvest of 20-25 tons of grapes per year once back at full capacity. The property features a drilled well producing over 300 US Gallons per minute (a single home usually requires 5-6 USgpm, so you won't go thirsty), and is surrounded by wine country and wineries (you really won't go thirsty).

Watch video overview here...
Whether you're looking to retire by the lake, start a new business venture, or build your family castle in wine country, 13610 Banks Crescent and the dynamic community and landscape that surround it could be the ultimate home base. This is once in a lifetime - don't miss it. 

Listing Agent

Greg Paddy & Theo Birkner

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