Lake Country East / Oyama, Lake Country
11506 Turtle Bay Court
Lake Country East / Oyama, Lake Country, British Columbia, V4V 1X9
About this home
Prime Development Opportunity – Boutique Hotel Site. Exceptional chance to acquire a fully rezoned (C9A Tourist Commercial) 0.62-acre corner lot in the heart of Lake Country, offering outstanding exposure with approximately 110 feet of frontage on Turtle Bay Court, 100 feet on Seymour Road, and 253 feet along Woodsdale Road, a prime corridor in this rapidly growing community. A completed feasibility study and renderings are available for a proposed four-storey, 28-unit boutique hotel, featuring a well-balanced unit mix of studio, one-bedroom, and two- bedroom suites, along with 28 open parking stalls. There is additional upside potential with the possibility to expand to six storeys, subject to variance and design modifications. The property is currently improved with a well-maintained 2,528 square foot home built in 1994, offering five bedrooms, four bathrooms, and a legal two-bedroom suite, providing excellent holding income potential. Ideally situated near Wood Lake and Kalamalka Lake with convenient access to Kelowna International Airport, UBC Okanagan, and key transportation routes, this location is well-positioned to support tourism and short-term accommodation demand, an area currently undersupplied in the region. Surrounded by ongoing multi-family development and a planned senior care facility next door, the neighbourhood is poised for significant growth. Zoning allows for a wide range of uses including hotels or motels, breweries and distilleries, food establishments, liquor stores, indoor recreation and entertainment, with secondary uses such as offices, personal services, and retail, making this a rare and versatile development opportunity in one of the Okanagan’s fastest-growing markets.
Property details
Property summary
- MLS® #
- 10401676
- Listing price
- $1,750,000
- Property subtype
- Other
- Lot size
- 0.62 acres (27,007 sq ft)
- Lot dimensions
- 110 x 253 ft
- Parcel number (PID)
- 017-705-380
Building
- Stories
- 2
- Roof
- Asphalt, Shingle
- Water
- Well
- Sewer
- Public sewer
- Total parking
- 12
- Parking
- Additional parking, Attached, Garage, Rv access parking
Location
Neighbourhood Access
Neighbourhood Access
Good
A main grocery a 5-minute walk away; 7 restaurants and cafés within a 15-minute walk; a transit stop under a minute away; a park or trail 7 minutes away.
- Nearest main grocery
- 5 min walk
- Park or trail
- 7 min walk
- Nearest transit
- under 1 min walk, 99 trips/weekday
- Nearest school
- 31 min walk
- Restaurants & cafés
- 7 within a 15-min walk
- Shops & services
- 10 within a 15-min walk
Neighbourhood Access is produced by A.L.I.C.E. from OpenStreetMap, BC Transit and BC school data, using network walking, cycling and transit distances from this address with an Okanagan terrain adjustment. We strive for accuracy, but the figures are indicative and should be independently verified.