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Renanza Realty
For sale

10114 Newene Road

Lake Country, British Columbia

MLS® 10391822

$800,000

Status
Active
Property type
House
MLS® number
10391822
Bedrooms
3
Bathrooms
2
Year built
1974

Listing description

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, cafes, 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. 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.

Property summary

MLS® number
10391822
Property type
Single Family
Building type
House
Square footage
2,636 sq ft
Title
Freehold
Land size
0.6 acres
Built in
1974
Annual property taxes
$9,647.71
Parking
8 spaces · RV, Additional Parking
Days on market
91 days

Features & details

Heating
See remarks
Basement
Full
View
City view, Mountain view, Valley view, View (panoramic)
Architectural style
Ranch

What would this home cost you?

Based on the $800,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,722 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Vantage West Realty Inc., Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.