3250 97 Highway, West Kelowna, British Columbia V4T1W4

Listing courtesy of Royal LePage Kelowna.

$5,000,000

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List Price
$5,000,000
MLS®
10400906
Days on Market
2
Status
ACTIVE
Type
Commercial
Subtype
Recreational
Lot Size Dimensions
161
Lot Size
7,013,160
Subdivision
Glenrosa

Property Description

161 Acres I Strategic Development Opportunity I West Kelowna Exceptional opportunity to acquire approximately 161 contiguous acres in West Kelowna, offering a substantial landholding in one of British Colwnbia's most desirable and rapidly evolving regions. The property enjoys impressive views of Okanagan Lake and the surrounding valley, adding another dimension to its long-term development potential. Strategically located along the Highway 97 corridor, the property offers convenient proximity to West Kelowna, Peachland and Kelowna, with access to the amenities, services and economic activity of the Central Okanagan. The property has been the subject of ongoing planning discussions related to future development and access. A proposal was submitted to the City of West Kelowna in February 2024 for consideration within the OCP 2040 and Connect West Kelowna Transportation Master Plan processes. Potential future road access remains under consideration by the City. With approximately 161 acres under one ownership group, this rare offering provides significant flexibility for a purchaser to investigate multiple long-term development opportunities, including potential employment, light industrial/business park or other uses, subject to access, servicing, rezoning and municipal approvals. An exceptional opportunity for developers, investors and land-bank purchasers seeking a strategic holding with outstanding Okanagan Lake views in the heart of the Central Okanagan. (id:5764)

Additional Information

Ownership
Freehold
View
City view, Lake view, Mountain view, Valley view, Unknown
Subdivision
Glenrosa
Country
Canada
Sewer
See remarks
Lot Features
See remarks
Lot Size
7,013,160

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