$ 2,800,000 – 583 Tinhorn Creek Road

3 BR / 2 BA Agriculture – Oliver

COURT-ORDERED SALE, SOLD AS-IS, WHERE-IS. In the Receivership Sale of Lakeside Cellars, presenting a parcel within Rural Oliver. The 12.20 acre parcel consists of two estate houses. Much of the property contains productive, good quality vineyard currently farmed to a high yield. The property is primarily planted with Merlot and Cabernet Franc. One acre of the planted vineyard is planted with Malbec, Petit Verdot, and Carmanere for blending purposes. The two homes are a 1,700 square foot 1991 rancher bungalow updated in 2015/2016 with a fully finished basement and a 1,200 square foot second house estimated to be built in the 1970s and updated in 2010. Both of these homes are occupied by tenants. The vineyard is planted with varietals for producing and blending exceptional red wines. It is fully irrigated and appears in good condition. The property is understood to be on municipal water and septic. All offers are subject to approval by the Supreme Court of British Columbia. (id:6769)