368 Valley Road
Kelowna, British Columbia
MLS® 10396913
$4,300,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10396913
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 16Listing description
Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0. 75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas.
The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations. All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines.
The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods.
Opportunities like this are rare—secure your position in Glenmore’s future today.
Property summary
- MLS® number
- 10396913
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 0.75 acres
- Annual property taxes
- $12,066.66
- Days on market
- 34 days
What would this home cost you?
Based on the $4,300,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX 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.