2040 Glenmore Road N North Glenmore, Kelowna, British Columbia, CA

Address: 2040 Glenmore Road N, Kelowna, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $11,500,000

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Vacant Land
Building Type
Other
Title
Freehold
Neighbourhood Name
North Glenmore
Land Size
170.9 ac|100+ acres
Building
Utilities
Utility Type
Electricity(At Lot Line)
Utility Sewer
See remarks
Water
See Remarks
Enter Details Below
=

Your Home Finance Calculation

Property Price CA $11,500,000
Bank Loan Amount CA $0
Monthly Installment CA $0

More Properties By Scott Marshall

View All

Related Properties

View All

Never Miss Anything Important!

Stay updated with latest property news:

News, Prices, Listings, Brokers, Index, Trends & Articles

We Don’t Like SPAM Either!
Advertisement Banner