4058 & 4066 Gellatly Road. West Kelowna, British Columbia V4T2K2

$18,000,000

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Description

A rare and highly strategic waterfront-adjacent development opportunity in one of West Kelowna’s most sought-after and evolving beachside neighbourhoods. Comprising two parcels totaling approximately 2.98 acres, this site fronts Gellatly Road, the Gellatly Pedestrian Corridor, and is steps from Willow Beach and Okanagan Lake. The municipality supports redevelopment for a vibrant mixed-use waterfront village, as per the Gellatly Village Study. Multiple plans for proposed development concepts are available on request, accommodating residential units, live/work units, and small-scale commercial units. Design concepts embrace West Kelowna’s Official Community Plan, Waterfront Master Plan, and Gellatly Village Growth Management Designation. Future development could offer cafes and boutique retail, public plazas, and strong connectivity to surrounding trails, beaches, and parks, alongside waterfront residences. Walkable amenities include a public boat launch and marina, multiple beaches and waterfront parks, sports courts, hiking trails, The Landing Kitchen & Bar in The Cove Lakeside Resort, and more! With limited remaining large parcels in Gellatly Village, this offering represents a once-in-a-generation opportunity to deliver a landmark, year-round waterfront-oriented community in one of West Kelowna’s most prominent locations (id:6289)

4058 & 4066 Gellatly Road - Subdivision Statistics

Avg. asking price $1,370,287
Price per sq. ft. $428
Median price $948,000
Number of homes for sale in West Kelowna Estates 91
Number of homes for sale in West Kelowna 690
Avg. Days on Market N/A

Essential Information

  • Listing #10372496
  • Price$18,000,000
  • Bathrooms0.00
  • Acres2.98
  • TypeVacant Land
  • Sub-TypeOther

Amenities

  • AmenitiesPark, Recreation
  • FeaturesLevel lot

View

Lake view, Mountain view, View of water, View (panoramic)

Exterior

  • Exterior FeaturesLevel
  • Lot DescriptionLevel lot

Community Information

  • Address4058 & 4066 Gellatly Road
  • SubdivisionWest Kelowna Estates
  • CityWest Kelowna
  • ProvinceBritish Columbia
  • Postal CodeV4T2K2

Utilities

Electricity, Natural Gas, Sewer, Water

Interior

  • Interior FeaturesDrywall
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Request a showing of 4058 & 4066 Gellatly Road, a 0 bedroom, 0.00 bathroom Other in West Kelowna Estates, West Kelowna. Built in and approximately 0 square feet in size, MLS #10372496 is currently listed for $18,000,000. To schedule a property tour, contact us at KelownaHomes.ca