This property represents a rare redevelopment opportunity in the heart of Lower Mission/Kelowna South. Set on a flat and expansive 0.37-acre MF1-zoned lot, it offers exceptional potential for multi-family infill, whether townhomes, fourplexes, or other higher-density housing forms. The location is second to none—tucked away on a quiet no-thru street yet just minutes from Okanagan Lake, beaches, schools, Okanagan College, and every amenity that makes this one of the most sought-after neighborhoods in the city. While the true value lies in the land and zoning, the existing 3,172 sq ft home adds strong holding power with 4 bedrooms plus den, 3 bathrooms, and a versatile in-law suite. The main level boasts vaulted ceilings, a bright open-concept kitchen with walk-in pantry, and a spacious primary retreat with 5-piece ensuite and walk-in closet. The backyard transforms into a resort-style escape with a saltwater pool, hot tub, dry sauna, treehouse, dog run, and a substantial 34' x 22' detached garage/workshop with ample RV and boat parking. Recent updates including a newer roof, driveway, water main, pool liner, and poolside concrete further enhance its functionality as a rental or interim residence. For builders, developers, and investors, this is a land-value play with significant upside in a high-demand area where redevelopment opportunities are increasingly scarce. (id:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
3172 sqft
Title
Freehold
Neighbourhood Name
Kelowna South
Land Size
0.37 ac|under 1 acre
Built in
1966
Parking Type
See Remarks,Additional Parking,Attached Garage(3),Detached Garage(3),RV(1)
Building
Bathrooms
Total
4
Building Features
Features
Balcony
Style
Detached
Square Footage
3172 sqft
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Pool Type
Inground pool, Outdoor pool, Pool
Parking
Parking Type
See Remarks,Additional Parking,Attached Garage(3),Detached Garage(3),RV(1)