1230 Philpott Road. Kelowna, British Columbia V1P1J7

$2,279,000

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Down Payment: Monthly Payment:
  • 1 Bed
  • 884 SqFt
  • $2,578.05 / SqFt
  • Neighbourhood: Joe Rich
  • HOA: N/a
  • MLS® #: 10395082
  • Year Built: 1984

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MLS® 10395082 is as 884sqft House located at 1230 Philpott Road, in Kelowna British Columbia. The property features 1 bedrooms, and 1.00 bathrooms.

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 five cabins, 15 serviced RV sites, 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 200 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:6289)

1230 Philpott Road - Subdivision Statistics

Avg. asking price $1,345,477
Price per sq. ft. $428
Median price $1,179,000
Number of homes for sale in Joe Rich 27
Number of homes for sale in Kelowna 2086
Avg. Days on Market N/A

Essential Information

  • Listing #10395082
  • Price$2,279,000
  • Bedrooms1
  • Bathrooms1.00
  • Square Footage884
  • Acres12.55
  • Year Built1984
  • TypeSingle Family
  • Sub-TypeHouse
  • StyleCottage, Cabin

Amenities

  • Parking Spaces2

Features

Private setting, Treed, Irregular lot size

Garages

Detached Garage, Oversize, See Remarks, Heated Garage, Additional Parking

Interior

  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFree Standing Metal
  • # of Stories2

Heating

Baseboard heaters, Stove, Electric, See remarks, Wood

Lot Description

Private setting, Treed, Irregular lot size

Community Information

  • Address1230 Philpott Road
  • AreaJoe Rich
  • SubdivisionJoe Rich
  • CityKelowna
  • ProvinceBritish Columbia
  • Postal CodeV1P1J7

Utilities

Water, Natural Gas, Electricity, Cable, Telephone

Parking

Detached Garage, Oversize, See Remarks, Heated Garage, Additional Parking

View

Mountain view, Valley view, View (panoramic)

Appliances

Washer, Refrigerator, Range - Electric, Dryer, Microwave

Exterior

  • RoofMetal, Unknown
  • FoundationBlock
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Request a showing of 1230 Philpott Road, a 1 bedroom, 1.00 bathroom House in Joe Rich, Kelowna. Built in 1984 and approximately 884 square feet in size, MLS #10395082 is currently listed for $2,279,000. To schedule a property tour, contact us at KelownaHomes.ca