$5,545,000 FOR SALE

Land

Lot 3 Shannon View Drive
West Kelowna, BC V4T 2Z7 | Shannon Lake

Price Reduced! A rare opportunity to acquire almost 13 acres of an exclusive mountain top development site with 360 degree views overlooking Shannon Lake, the SL Golf Course and the surrounding mountains. The top of this mountain was blasted and levelled for development over 20 years ago, something the City of WK has affirmed would no longer be permitted. With the new OCP now passed potential developers are encouraged to do their own DD with the City but support for a medium density development (a mix of TH's and Apartments) that compliments the local neighbourhood and SL community has been noted. In depth work regarding the site have been completed, both on and off site servicing requirements, potential site plans, City discussions, Geotechnical report, Field Investigation and highest / best use studies have all been completed and available with a signed CA. Offsite servicing is minimal with utilities available at the lot line. Onsite servicing, due to the nature of a true mountain top location, will be perhaps somewhat more involved in order to extract the full value and potential from the site. This site is truly one of a kind for all of Kelowna/West Kelowna offering unparalleled 360 degrees unobstructed views from all build sites, exclusivity from a private entrance and an excellent central location. (id:47423)

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Listed By Momentum Realty Inc.
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10324432
Last Updated Sep 17, 2024
Property Summary
Property Type Land

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Neighbourhood Shannon Lake
Price History
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Detailed Information
Listing Contract Date 2024-09-17
Municipal ID 006-578-284
Ownership Type Freehold
Property Type Vacant Land
Road Paved road
Transaction Type For sale
Zoning Unknown
Building
Type Other
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
SewerAvailable
WaterAvailable
Land
Total Size 12.98 acres
Acreage Yes
Current Use Development residential
Size of Irregular Land 12.98

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