11530 Turtle Bay Court. Lake Country, British Columbia V4V1X9

$2,499,000

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Description

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:6289)

11530 Turtle Bay Court - Subdivision Statistics

Avg. asking price $1,390,909
Price per sq. ft. $824
Median price $435,950
Number of homes for sale in Lake Country East / Oyama 186
Number of homes for sale in Lake Country 264
Avg. Days on Market N/A

Essential Information

  • Listing #10385448
  • Price$2,499,000
  • Bathrooms0.00
  • Acres0.61
  • TypeVacant Land
  • Sub-TypeOther

Amenities

  • UtilitiesCable

Listing Details

  • Listing OfficeeXp Realty (Kelowna)

Community Information

  • Address11530 Turtle Bay Court
  • SubdivisionLake Country East / Oyama
  • CityLake Country
  • ProvinceBritish Columbia
  • Postal CodeV4V1X9

Interior

  • Interior FeaturesDrywall
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Request a showing of 11530 Turtle Bay Court, a 0 bedroom, 0.00 bathroom Other in Lake Country East / Oyama, Lake Country. Built in and approximately 0 square feet in size, MLS #10385448 is currently listed for $2,499,000. To schedule a property tour, contact us at KelownaHomes.ca