About 5028 Elliot Avenue Lot# 5
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! (id:6289)
5028 Elliot Avenue Lot# 5, MLS#: 10305800 is located in the Peachland neighborhood of Peachland, British Columbia, Postal Code: V0H1X8. The Freehold home is 3,687 sq. ft. with 5 bedrooms and 3 bathrooms, along with 3 garages.
The Agriculture Freehold property was constructed in 1950.
The property is currently listed at $1,350,000 and recently experienced a price decrease of $100000 on 2024-05-07 22:31:21..
