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Renanza Realty
For sale

3250 97 Highway

West Kelowna, British Columbia

MLS® 10400906

$5,000,000

Status
Active
Property type
Recreational
MLS® number
10400906
Bedrooms
Bathrooms
Year built

Listing 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.

Property summary

MLS® number
10400906
Property type
Recreational
Building type
Other
Title
Freehold
Land size
161 acres
Annual property taxes
$11,008.03
Days on market
3 days

Features & details

Lot features
See remarks
View
City view, Lake view, Mountain view, Valley view, Unknown

What would this home cost you?

Based on the $5,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$23,264 /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 Royal LePage Kelowna, 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.