Vineyard Receivership

For sale by Court-Order, offered as-is, where-is. On behalf of Ernst & Young Inc solely in its capacity as Receiver and Manager of Desert Valley Vineyard Ltd., Creston Valley Cherry Growers Ltd., H&R Orchards Ltd., Lakeside Cellars Ltd., Harbans Singh Dhaliwal and Harkesh Kaur Dhaliwal, Sotheby’s International Realty Canada is pleased to present the offering of three distinct property and asset offerings comprising of 4 PIDs, equipment, inventory, and intangible assets. Available either altogether or individually, this offering presents the unique opportunity to acquire premiere producing vineyard and winery assets.

This offering consists of one parcel within Rural Oliver and the Regional District of Okanagan-Similkameen. The 12.20 acre parcel consists of two estate houses. Much of the property contains productive, good quality vineyard currently farmed to a high yield. The property is primarily planted with Merlot and Cabernet Franc. One acre of the planted vineyard is planted with Malbec, Petit Verdot, and Carmanere for blending purposes. The two homes are a 1,700 square foot 1991 rancher bungalow updated in 2015/2016 with a fully finished basement and a 1,200 square foot second house estimated to be built in the 1970s and updated in 2010. Both of these homes are occupied by tenants. The vineyard is planted with varietals for producing and blending exceptional red wines. It is fully irrigated and appears in good condition. The property is understood to be on municipal water and septic.