5440 Silver Star Road
Vernon, British Columbia
MLS® 10402078
$2,375,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 10402078
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 84Listing description
Prime Okanagan Development Opportunity. The very last property within the City of Vernon as you head East out of Vernon on Silver Star Rd towards Silver Star Mountain Resort. 6.
58 acres. City services all the property line. Zoned MUA (Multi-Unit Acerage; Small Scale) An excerpt of the current City of Vernon Zoning Bylaw reads ""9.
2. 1 Purpose. To allow for a range of small-scope low density housing development up to 3 Stories in Height including Detached Housing, Row Housing, and Townhomes....
This zone has Site and Building Regulations that provide additional development flexibility in appropriate contexts, based on Site servicing and Lot Area"". Lakeviews from some of the property. Lots of undulations including a steep incline to BX Creek.
Unique and desirable location between the low density Silver Pine strata community to the west, and rural agricultural land within both the ALR and the RNDO (Regional District of North Okanagan) to the east. Proposed development could vary from 6 one acre bare land strata lots to 48 townhomes. Note the Seller also owns and resides at the adjacent property to the east at 5482 Silver Star Rd MLS # 10400149 a residential and non development property including a stately 5500 sq ft 1910 estate home on 4.
96 acres listed for 1. 6m. The seller may be willing to joint venture, partially finance, or participate in development.
Call or email for more info or a private viewing.
Property summary
- MLS® number
- 10402078
- Property type
- Vacant Land
- Building type
- Other
- Title
- Freehold
- Land size
- 6.58 acres
- Annual property taxes
- $4,749.00
- Days on market
- 20 days
Features & details
- Lot features
- Irregular lot size
- View
- City view, Lake view, Mountain view, Valley view, View (panoramic)
What would this home cost you?
Based on the $2,375,000 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 RE/MAX Vernon, Vernon.
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.