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$800,000
3 Beds ⋅ 2 Baths ⋅ 10391822 MLS® #
Opportunity is knocking in the heart of Lake Country with this rare 0.60 acre property featuring C1 Town Centre Commercial zoning, offering exceptional long-term redevelopment potential. Positioned within one of Lake Country's evolving commercial corridors, the property stands to benefit from a recently approved commercial development directly across the road, consisting of four commercial buildings with a grocery store anticipated as the primary anchor tenant. C1 zoning permits a wide variety of commercial and mixed-use opportunities, including retail, professional offices, restaurants, cafés, medical clinics, personal services, and residential units above commercial space. As Lake Country continues to grow, opportunities with this level of flexibility are becoming increasingly scarce. The existing 3 bedroom plus den, 2 bathroom rancher with basement offers approximately 2,636 sq.ft. of living space and is situated toward one side of the property, creating additional flexibility for future site planning and redevelopment potential. A detached shop, ample parking, and RV access further enhance the property's functionality in the meantime. Bordering ALR lands while remaining centrally located near existing and future amenities, this property offers a unique combination of present day utility and long term upside. Hold as an investment, operate a business, pursue redevelopment, or create a live/work environment in one of Lake Country's emerging commercial hubs. (id:5764)

10114 Newene Road, Lake Country

Listing courtesy of Vantage West Realty Inc..

$1,299,000
4 Beds ⋅ 2 Baths ⋅ 10347198 MLS® #
Unmatched development opportunity in the heart of Lake Country!! A rare and promising opportunity for developers and investors—this 1.45-acre parcel is designated High Density Residential in Lake Country’s Official Community Plan, positioning it perfectly for future development. Ideally situated just one block from the main commercial corridor, this property offers the best of both worlds: walkability to groceries, restaurants, and schools, yet nestled in a peaceful, tree-lined setting bordered by orchards and mature greenery. The lot features a gently sloping topography and convenient access to sewer infrastructure at the highway, supporting a variety of multi-family or high-density residential development possibilities. While the existing 4-bedroom, 2-bathroom home is livable and currently tenanted, the true value lies in the land and exceptional location. (id:5764)

10286 Newene Road, Lake Country

Listing courtesy of RE/MAX Kelowna - Stone Sisters.