$ 8,800,000 2040 Glenmore Road North

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Kelowna
Property Type: Vacant Land
Ownership: Freehold
MLS® Number: 10335710
Lot Size: 170.9
Listing Status: Active
List Price: $ 8,800,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Vacant Land – Kelowna

170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an easement over an adjacent property, or potential use of city land at the North-East corner. The property also borders the Glenmore Dog Park near the North-East corner. Current Official Community Plan Future Land use is ""R-AGR - Rural - Agricultural & Resource"". With an OCP amendment and subsequent rezoning, there could be tremendous upside for a purchaser for a potential large-scale residential development. 2025 BC Assessment (as of July 1 2024) shows $12,838,000, and an appraisal on file (2022) showed an estimated market value of $15,450,000. Court-ordered sale - All offers are subject to court approval and must include schedule ""A"". Property is sold as-is where-is with no warranties of any type; buyer to investigate and conduct their own due diligence. (id:6769)

Construction Info

Sewer: See remarks

Rooms Dimension

Listing Agent:

Scott Marshall
(250) 470-2388

Brokerage:

Sotheby's International Realty Canada
(250) 469-9547
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