Michael Beatch
Referral Partner
Mountain multifamily development site for sale in West Kelowna! Expansive panoramic views within the Shannon Lake community overlooking Shannon Lake Golf Course, Shannon Lake, neighbouring hillside, Lake Okanagan and West Kelowna. The site is approximately 13 acres, with a blend of natural landscapes, a solid base with some excellent building sites and rock faces. There is a roughed in driveway from Shannon View Road to the top of the site, and various potential building site throughout. Current zoning is R3 - Low Density Multiple Residential, and the OCP encourages a mix of uses, forms and styles for medium density. Potential for development of a blend of Townhouse and Apartment Buildings. The pinnacle signature part of the development will be at the peak of the site, overlooking Shannon Lake Golf Course, Shannon Lake, extending to Lake Okanagan. It is reported that there is minimal offsite servicing of sidewalk, curb and excavation required at the site entrance. and that all off sites are in place with services located at the lot line. The topography of the property would indicate more complex on-site servicing. (id:6289)
| Avg. asking price | $976,310 |
| Price per sq. ft. | $487 |
| Median price | $699,000 |
| Number of homes for sale in Shannon Lake | 97 |
| Number of homes for sale in West Kelowna | 690 |
| Avg. Days on Market | N/A |
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