Please check the following discussion for its possible interest concerning to your query: https://www.researchgate.net/post/Is_there_any_way_to_make_immiscible_a_kind_of_alcohol_in_contact_with_water
It is not clear if the objective of your process is just to get the substance or the development of an industrial process. In the first case doesnt matter so much but the problem of solventing - out process industrially is the necessity of recovery of the solvent. this way try to concentrate your substance as much as possible to use less ethanol.