Savvy Investors will recognize the potential of this rare offering. Flat 1.98 acre property NOT in the ALR and within the city boundaries! Presently zoned RR2 with an opportunity to re-zone when sewer is available. Proposed new round-about project with sewer in approximately 2 years. (They are starting sewer work now for the new Mission Creek Landing Retirement Home.) At present, there is a 3,000 sq. ft. 4 bedroom, 3 bathroom home with a 26’ x 40’ workshop and a valuable 6 car COVERED carport that can easily generate $50k year revenue while you wait. 190 feet of frontage on KLO and 325 ft frontage on hall road with city water at the property line. The adjoining 1.96 acre property may be available for purchase as well bringing the potential to 3.96 acres of FLAT easy to build on land. Did I mention it’s not in the ALR? (id:2493)
Data was last updated March 30, 2023 at 09:45 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$1,667,000
Min list price:
$824,900
Max list price:
$3,995,000
Avg days on market:
47
Min days on market:
8
Max days on market:
196
Avg price per sq.ft.:
$557.59
These statistics are generated based on the current listing's property type
and located in
South East Kelowna. Average values are
derived using median calculations.
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