7888 Okanagan Landing Road, Vernon, BC

$629,000

Community: Okanagan Landing

Across the road from Paddlewheel Park on Okanagan Lake!

Located across the road from the Vernon Yacht Club and Paddle Wheel Park beach, this older bungalow offers more than meets the eye. Beyond its quaint charm and stunning lake views lies a wealth of potential, both as a comfortable residence and as an astute investment. With two bedrooms on the main level, a two-bedroom suite below, and the promise of future commercial redevelopment, this property embodies the epitome of versatility and opportunity in this Okanagan Lakeside community. The property’s designation in the Official Community Plan for potential commercial redevelopment adds a layer of value and versatility. With a separate suite, this property provides an opportunity for rental income, making it an attractive option for investors waiting to redevelop or homeowners looking to offset mortgage costs. Some work is required here but with little effort it could be a good revenue producer and with a bit more, could be a great starter home.

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Specifications

Price
$629,000
MLS®#
10308249
Community
Year Built
1955
Zoning
R1
Lot Size
1.00 acres
Lot Frontage
66'
Lot Depth
659'
Home Size
Total Finished
2884 sq.ft
Main Level
1664 sq.ft
Lower Level
1220 sq.ft
Bedrooms
4
Bathrooms
2
Taxes
$2,898.00 - 2022
Services
Hydro, Natural Gas, Telecommunications, Sewer, Municipal Water
Legal Description
LOT 17 DISTRICT LOT 6 OSOYOOS DIVISION YALE DISTRICT PLAN 197

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

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