Rare 2.5-acre property in Okanagan Landing offering privacy and gently sloping, usable land in a central, well-connected location. The parcel includes a 4-bedroom home — making it well-suited as a primary residence, holding property, or live-in investment with the ability to generate rental income while you plan your next steps. Quick access to amenities, recreation, transit, and Lake Okanagan adds strong lifestyle appeal. The property is currently within the ALR. A previou…s owner reportedly made preliminary inquiries with the ALC regarding development potential along the highway frontage, and while no formal application proceeded, those discussions suggested further exploration could be possible. Given the parcel’s size, location, and frontage, the site may present future subdivision or redevelopment potential along the highway frontage, subject to City and ALC approvals. This is a unique opportunity to secure a sizeable parcel in a strategic location with both immediate utility and long-term optionality. (id:14735)
Listed by Coldwell Banker Executives Realty.