Frind Estate Winery in West Kelowna may be Canada's first beachfront winery, but the opportunity to establish a second one awaits at 16821 Owl’s Nest Rd in Oyama. This exceptional waterfront property offers the perfect blend of natural beauty and strategic location, setting the stage for a landmark development in the heart of the Okanagan Valley.
Property Highlights
- Location: 16821 Owl’s Nest Rd, Oyama, BC.
- Size: 9.353 acres.
- Lakefront: Nearly 1000 feet.
- Features: Wetland, orchards, historic buildings.
- Proximity: 18 minutes from an international airport and minutes away from the amenities of Oyama.
Why Oyama?
Oyama offers a unique blend of world-class lakefront living with a charming, small-town atmosphere. It evokes nostalgia with its picturesque picnic spots, refreshing lake swims, quaint fruit stands, and delightful roadside eateries. Relocation buyers often look to the Okanagan for its slower pace and healthier lifestyle, finding Oyama's village charm irresistible compared to the more metropolitan vibes of Kelowna, Vernon, and Penticton.
Unique Selling Points
The property’s potential as a beachfront winery is unparalleled. Nestled in Lake Country, Oyama is attracting world-class developments and ultra-high-net-worth homeowners. The Scenic Sip Wine Trail boasts numerous wineries, cideries, and distilleries, but none offer the unique combination of beachfront access and proximity to the Rail Trail that this property does.
Oyama’s Hidden Gems
- Sparkling Hill Resort: Founded by Gernot Langes-Swarovski, this luxury resort features over 3.5 million Swarovski crystals and offers a unique spa experience.
- Predator Ridge Golf Course: Known for its two 18-hole championship courses, world-class practice facility, and award-winning golf academy.
- Okanagan Gondola: An upcoming tourist attraction featuring a gondola that climbs 1,600 feet, providing stunning views of Kalamalka Lake.
- Kalamalka Lake: Known for its mesmerizing blue, green, and turquoise hues due to calcium carbonate crystals. The lake’s unique beauty is a major draw.
- Oyama Isthmus: The natural land strip separating Kalamalka and Wood Lakes.
- Gatzke Orchards/Farm Market and Bakery: A bustling farm market and fruit stand, famous for Grandma Gatzke’s vintage pie recipes.
- OKF Grill: A popular eatery offering delicious burgers, wraps, and ice cream, perfect for a post-Rail Trail ride or swim snack.
Visualize Your Winery Dream
Experience the breathtaking beauty and potential of 16821 Owl’s Nest Rd through our YouTube video, showcasing the property’s unique features and the idyllic surroundings of Oyama. Witness the serene landscapes, historic charm, and vibrant community that make this location a prime spot for your next investment.
Estate and Legacy Property
This property is not just an investment but an opportunity to create a lasting legacy. Envision a grand estate surrounded by vineyards, orchards, and the unique avian habitat of the wetland. This idyllic setting offers a rare chance to live among nature’s finest, creating a heritage property that can be handed down through generations.
Imagine waking up each morning to the serene views of your own private vineyard, the morning sun casting a golden glow over rows of grapevines heavy with fruit. Spend your days tending to your orchards, growing organic fruits that are a testament to sustainable agriculture. This property is a dream for those who value self-sufficiency, as the fertile land provides ample opportunity for cultivating a variety of crops.
The wetland area is a sanctuary for local wildlife, particularly birds, making it a haven for birdwatching enthusiasts. It offers an educational and enriching experience for families, allowing future generations to learn about and appreciate the importance of biodiversity and environmental stewardship.
Furthermore, the agricultural components of the property provide a sustainable lifestyle, perfect for those looking to blend luxury living with eco-friendly farming. Implementing organic farming practices and sustainable land management techniques ensures that the land remains productive and healthy for generations to come. This commitment to sustainability not only benefits the environment but also appeals to the growing market of eco-conscious consumers.
Market Analysis
Real Estate Trends
The Okanagan Valley, including Oyama, has seen significant real estate activity in recent years. As of 2023, the Central Okanagan region has experienced a stabilization in the housing market with a modest increase in listings. Active listings rose by 13.8% compared to the previous year, indicating a balanced market with ample opportunities for buyers and investors.
Demand for Luxury Properties
Luxury properties in the Okanagan region remain in high demand. Kelowna, part of the Central Okanagan, is Canada's fastest-growing census metropolitan area, with a 14% population increase from 2016 to 2021. This influx is driven by interprovincial migration, particularly from Ontario to British Columbia, highlighting the region’s appeal to high-net-worth individuals seeking exclusive properties.
Wine Industry Growth
The Canadian wine industry, particularly in the Okanagan Valley, continues to grow robustly. The Okanagan Valley is home to over 185 licensed wineries and contributes approximately $2.8 billion to the local economy annually. The area is renowned for its premium vineyards and wineries, attracting wine enthusiasts and tourists globally. Establishing a new beachfront winery in Oyama would tap into this expanding market, leveraging the region's popularity and the increasing trend of wine tourism. The Scenic Sip Wine Trail and local attractions provide a solid foundation for further growth in this sector.
- Wine Tourism: The Okanagan Valley attracts over 1.2 million tourists annually, with a significant portion visiting for wine-related activities.
- Economic Impact: Wine-related tourism in the Okanagan contributes to over 12,000 full-time jobs and generates significant revenue through accommodation, dining, and other related services.
Investor Insights
Investing in 16821 Owl’s Nest Rd offers significant growth potential. The property, listed at $8,750,000 CAD, is strategically located in an area poised for development and increasing real estate values. The Okanagan Valley's robust real estate market is driven by its attractive lifestyle, scenic beauty, and growing population. Planned developments, such as the Okanagan Gondola and the expansion of the University of British Columbia Okanagan, promise to enhance the area’s appeal further, ensuring a steady influx of tourists and residents (Your Kelowna Homes, Shop Kelowna Homes).
Additionally, the upcoming Ritz-Carlton Residences at Predator Ridge, set to open in 2026, just 10-15 minutes from the property, will provide a substantial boost to the region's economy. This prestigious development is expected to attract affluent buyers and investors, further enhancing the appeal of the area. The Residences will offer high-end luxury homes with amenities such as concierge services, fitness centers, and swimming pools, contributing to the area's growth and sophistication. The introduction of such a high-end development is anticipated to increase local property values, create jobs during construction and operation, and attract more businesses and services to the area, ultimately fostering economic growth and stability.
Don't Miss Out!
The opportunity to create Canada's second beachfront winery at 16821 Owl’s Nest Rd, Oyama, presents a unique and lucrative investment. With its prime location, scenic beauty, and growing market potential, this property is set to become a landmark development in the Okanagan Valley.
Contact
For more details on this property and its development potential, please contact Ellen Churchill at 250-863-9045 or email ellen@coldwellbanker.ca. I am, a Global Luxury Realtor with 17 years of experience, and dedicated to assisting you with every detail of your real estate journey.
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The content of this article is for informational purposes only and should not be considered as financial, legal, or professional advice. Coldwell Banker Horizon Realty makes no representations as to the accuracy, completeness, or suitability of the information provided. Readers are encouraged to consult with qualified professionals regarding their specific real estate, financial, and legal circumstances. The views expressed in this article may not necessarily reflect the views of Coldwell Banker Horizon Realty or its agents. Real estate market conditions and government policies may change, and readers should verify the latest updates with appropriate professionals.
