4058 & 4066 Gellatly Road
West Kelowna, British Columbia
MLS® 10394842
$18,000,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10394842
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 32Listing description
A rare and highly strategic waterfront-adjacent development opportunity in one of West Kelowna’s most sought-after and evolving beachside neighbourhoods. Comprising two parcels totalling approximately 2. 98 acres, this site fronts Gellatly Road, the Gellatly Pedestrian Corridor, and is steps from Willow Beach and Okanagan Lake.
The municipality supports redevelopment for a vibrant mixed-use waterfront village, as per the Gellatly Village Study. Multiple plans for proposed development concepts are available on request, accommodating residential units, live/work units, and small-scale commercial units. Design concepts embrace West Kelowna’s Official Community Plan, Waterfront Master Plan, and Gellatly Village Growth Management Designation.
Future development could offer cafes and boutique retail, public plazas, and strong connectivity to surrounding trails, beaches, and parks, alongside waterfront residences. Walkable amenities include a public boat launch and marina, multiple beaches and waterfront parks, sports courts, hiking trails, The Landing Kitchen & Bar in The Cove Lakeside Resort, and more! With limited remaining large parcels in Gellatly Village, this offering represents a once-in-a-generation opportunity to deliver a landmark, year-round waterfront-oriented community in one of West Kelowna’s most prominent locations.
Property summary
- MLS® number
- 10394842
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 2.98 acres
- Annual property taxes
- $88,764.92
- Days on market
- 52 days
Features & details
- Lot features
- Level lot
- View
- Lake view, Mountain view, View of water, View (panoramic)
What would this home cost you?
Based on the $18,000,000 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 Sotheby's International Realty Canada, 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.