Residential Development Land

Vacant Land for Sale
Catylist Listing ID: 30359757
Property Subtypes: Agricultural, Multi-Family
Gross Land Area: 20.01 Acres
Sale Price: $499,000
Unit Price: $24,937 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 12/18/2018

Overview / Comments

20.011 Acres - Large holding property bordering Dilworth Drive, the new Okanagan Rail Trail and the established commercial area at the base of Dilworth Mountain. Current A1 zoning would allow a larger estate type home, potentially on the upper portion of the property which would provide sweeping views of Kelowna and Okanagan Lake. Property is priced the same as a large residential lot and represents an outstanding opportunity for a developer, investor or perhaps a residential buyer with a long-term vision.

MLS®: 10173053

Price: $499,000.00

Ken McLaughlin, B.Comm, ACP
ken (at) commercial.com
250.870.7845 (cell)

Kris McLaughlin PREC*, CCIM, ACP
kris (at) mclrealestate.ca
250.870.2165 (cell)

*Personal Real Estate Corporation

MCL Real Estate Group - McLaughlin Commercial Luxury
RE/MAX Kelowna
#100 - 1553 Harvey Avenue
Kelowna, B.C. V1Y 6G1

Additional Details

Nearest CMA: Kelowna
Regional District: Central Okanagan
Parcel ID: 007-950-217
Zoning: A1
Property Located Between: Located near the base of Dilworth Mountain on the south-side of Dilworth Drive across from Cascade Pl and Omineca Pl, with a portion bordering Dilworth Mountain Park. Please note that there is NO Legal Access to the property at this time.
Legal Description: LEGAL LOT B DISTRICT LOT 125 SECTION 28 TOWNSHIP 26 OSOYOOS DIVISION YALE DISTRICT PLAN 19786 EXCEPT PLANS M15094,37794, KAP67598,KAP67599, KAP67601 AND KAP69740

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Contact

Photograph of Listing Agent

Kris McLaughlin

RE/MAX Kelowna Commercial First Member
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