Exceptional Development Opportunity – 15.99 Acres (Not in the ALR) Rare chance to acquire a prime 15.99-acre holding property outside the ALR, offering immense development potential. Currently zoned RR1, with city sewer and water services adjacent to the property—a major infrastructure advantage. ? Development Potential: Preliminary plans by Protech available for a proposed 28-lot subdivision ? Prime Location: Centrally located, just minutes to downtown, Orchard Park Mall, Costco, and major transit routes ? Existing Home: Well-maintained 3,300 sq ft residence on-site—dated, but livable and income-generating during planning phases ? Flexible Options: Seller open to remaining involved as a partial equity partner Whether you're a developer, investor, or land banker, this is a rare opportunity to secure one of the last large, developable parcels in a sought-after urban location. (id:2493)
Data was last updated August 24, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
82
Avg list price:
$1,819,000
Min list price:
$284,000
Max list price:
$9,999,000
Avg days on market:
61
Min days on market:
2
Max days on market:
405
Avg price per sq.ft.:
$520.96
These statistics are generated based on the current listing's property type
and located in
South East Kelowna. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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