Address
1230 Philpott Road, Kelowna, BC
Price
$ 2,279,000
Property Attributes
  • ID#10395082
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityKelowna
  • CityKelowna
  • AreaKelowna
  • NeighbourhoodJoe Rich
  • Postal CodeV1P 1J7
  • StyleCabin, Cottage
  • Year Built1984
  • Price$ 2,279,000
  • Bedrooms1
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage884
  • Lot Size12.55 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Turnkey income-producing property with established business operations and significant expansion potential. 1230 Philipott Road is a rare opportunity to acquire a revenue-generating acreage already performing as a short-term rental and event-based business, with financials available to qualified buyers. Generating approximately $125,000 annually from cabin rentals alone, with over $81,000 in confirmed bookings and projected income exceeding $150,000 this year. The property is improved with cabins, RV Parking, upgraded water infrastructure, and new septic systems, creating multiple stable revenue streams. The property is ideally suited for weddings, retreats, and private events, featuring a dedicated outdoor venue space with bar service area and seating capacity for up to 100 guests. Event revenue potential ranges from $10,000–$20,000 per booking, with active inquiries already in place. Additional infrastructure includes a large shop, multiple access points, full perimeter fencing and gating, irrigation, lighting, and ample on-site parking for 50+ vehicles—supporting both current operations and future growth. This offering is best suited for investors or owner-operators seeking a commercial-style asset with diversified income streams, including accommodations, RV rentals, events, and ancillary revenue opportunities such as storage, agricultural use, and service-based add-ons. Proven performance and the potential to exceed $250,000+ annually. (id:7434)

General Features

Features Private setting, Treed, Irregular lot size
Community Features Rural Setting
Property Type Single Family
Neighbourhood Joe Rich
Amenities Recreation, Ski area
Building Appliances Refrigerator, Dryer, Range - Electric, Microwave, Washer
Building Architectural Style Cabin, Cottage
Parking Space Total 2
Foundation Type Block
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Fireplace Type Free Standing Metal
Building Heating Type Baseboard heaters, Stove, See remarks
Building Heating Fuel Electric, Wood
Construction Style Attachment Detached
Living Area Range 884
Bedrooms 1

Exterior Features

ViewType Mountain view, Valley view, View (panoramic)
Building Roof Material Metal
Building Roof Style Unknown
Land Amenities Recreation, Ski area
Sewer No sewage system, Septic tank
Fence Type Fence

Room Details

Room Dimensions Level Flooring Details
Dining room 8'5'' x 12'2'' Main level
Full bathroom 5'6'' x 10'7'' Main level
Kitchen 9'8'' x 12'2'' Main level
Living room 18'1'' x 11'10'' Main level
Primary Bedroom 18'3'' x 10'1'' Second level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V1P 1J7

Price
AVG $2.28M
$2.28M
Year Built
AVG 1984
1984