$2,724,000

For Sale by Court Order. Presenting the historic Hainle Vineyards Winery property. As Canada's first producer of icewine in 1978, this historic winery is located on a beautiful Peachland hillside with breathtaking Okanagan Lake views. Planted with Riesling, Zweigelt, and Pinot Noir, the approximately 4 acre vineyard on the over 12 acre property features original old vine Riesling growing strong. Not in the ALR and fully serviced, this special property presents the perfect opportunity to either redevelop, build out as a unique vineyard residential community, or breathe new life into the existing winery operations. The 1985 built and recently renovated approximately 6,055 square foot winery building contains a crush pad, production facilities, barrel room, tasting room, commercial kitchen, patio with a breathtaking view, VIP tasting lounge, public washrooms, office space, and unauthorized accommodation suite. There is no residential home on the property. Sold through foreclosure as property only, the business assets (winery license, trademarks, brand, equipment, inventory) could be purchased from the residential owner in a separate agreement outside of the court process. No guarantees as to ability to purchase business assets. Ripe for rezoning to residential - the development potential of this land provides many interesting opportunities. With sweeping views of Okanagan Lake, approximately 5 acres of this lot is flat and perfect for building. The remaining 7 acres is gently sloped towards the lake and perfect for a residential subdivision that maximizes the property's spectacular views. The property currently has city sewer and water at the lot line. A unique opportunity to either fully develop, are partly develop a one-of-a-kind vineyard estate community with the existing vineyard. Showings by appointment only. We respectfully ask that you do not disturb the business staff. Please present all offers by October 19th at 5 PM. All offers are subject to approval by the Supreme Court of British Columbia.