7295 Okanagan Landing Road, Vernon, BC

$5,000,000

Community: Okanagan Landing

MULTI-FAMILY SITE ON OKANAGAN LAKE

A rare offering of a multi-family site on Okanagan Lake in Vernon adjacent to the Strand Resort. Zoned R5 with frontage on Okanagan Landing Road and Lakeshore Drive. Close to Okanagan Landing Elementary School and Paddlewheel Park and Kin Beach. 9.91 Acres with 6.69 acres usable after wet land restrictions. Density bonus allows 14.4 units per acre. Extensive reports and maps available. 

Specifications

Price
$5,000,000
MLS®#
10154804
Community
Zoning
R5
Lot Size
9.91 acres
Lot Frontage
1191'
Lot Depth
414'
Taxes
$19,999 (2017)
Services
Services Available, Hydro, Natural Gas, Telecommunications, Sewer, Municipal Water

Location

Discover Okanagan Landing

Welcome to Okanagan Landing! Affectionately referred to as The Landing by locals! This area was a terminus for the railway and steamboats in the late 1800s. Today this is a favorite residential area. The Landing became part of the City of Vernon in 1993.  Vernon’s Official Community Plan forecasts a new waterfront development for tourists and …read more

Learn More

Features

THE PROPERTY

  • A rare offering of a multi-family site on Okanagan Lake in Vernon
  • Zoned R5 with frontage on Okanagan Landing Road, Lakeshore Drive and Cummins Road
  • Situated next to the Strand on Okanagan Lake
  • Close to an elementary school and Paddlewheel Park
  • 9.91 acres with 6.69 acres usable after wet land restrictions
  • Extensive new drainage installed by the City at Marshall Fields – may present some reconfiguration ability for a new owner
  • Wet land and riparian area data available
  • Maps available from listing broker
  • PID: 023-690-127 and 023-690-101

Please note that there is a covenant on title that allows a bonus density of 14 units per acre instead of the 12 stated in the zoning document.

Documents


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