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Lot 3 Shannon View Drive
Shannon Lake West Kelowna V4T 2Z7

$5,545,000
Vacant Land

Main Photo: Lot 3 Shannon View Drive in West Kelowna: Vacant Land for sale : MLS®# 10324432
Photo 1: Lot 3 Shannon View Drive in West Kelowna: Vacant Land for sale : MLS®# 10324432
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Photo 29: Lot 3 Shannon View Drive in West Kelowna: Vacant Land for sale : MLS®# 10324432
Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
10324432
Price Reduced! A rare opportunity to acquire almost 13 acres of an exclusive mountain top development site with 360 degree views overlooking Shannon Lake, the SL Golf Course and the surrounding mountains. The top of this mountain was blasted and levelled for development over 20 years ago, something the City of WK has affirmed would no longer be permitted. With the new OCP now passed potential developers are encouraged to do their own DD with the City but support for a medium density development (a mix of TH's and Apartments) that compliments the local neighbourhood and SL community has been noted. In depth work regarding the site have been completed, both on and off site servicing requirements, potential site plans, City discussions, Geotechnical report, Field Investigation and highest / best use studies have all been completed and available with a signed CA. Offsite servicing is minimal with utilities available at the lot line. Onsite servicing, due to the nature of a true mountain top location, will be perhaps somewhat more involved in order to extract the full value and potential from the site. This site is truly one of a kind for all of Kelowna/West Kelowna offering unparalleled 360 degrees unobstructed views from all build sites, exclusivity from a private entrance and an excellent central location. (id:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Zoning:
Unknown
Taxes:
$16,638 / -
Community:
Shannon Lake
Structure Type:
Other
Utilities:
Water, Sewer, Electricity
Fireplace:
No
Water:
Municipal water
Current Use:
Development residential
Lot Size:
12.98 acre(s)
Lot Details:
12.98
Road Surface:
Paved road
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Listed by Momentum Realty Inc.
Data was last updated December 26, 2024 at 11:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$399,950
Min list price:
$399,900
Max list price:
$5,545,000
Avg days on market:
162
Min days on market:
65
Max days on market:
335
These statistics are generated based on the current listing's property type and located in Shannon Lake. Average values are derived using median calculations.
Scott Jenvey
Ember Shay
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.