• $4,400,000
  • 15.12 lot
  • Est payment $23620.15/mo

Lot 4 Okanagan Hills Boulevard, Vernon, BC V1H 1P4

232626730 50.262905 -119.3377 799 /listing/232626730-150112728/lot-4-okanagan-hills-boulevard-vernon-bc-v1h-1p4 False 0 4400000.0 102 10176811 False

Property & Neighborhood Info

Courtesy Of RE/MAX Vernon

Vacant Land in Vernon

Lakeview multi family development site adjacent to The Rise Golf Course in Vernon, BC. 15.12 acres with plans for 88 multi-family units. Higher density is allowed with up to 12 units per acre depending on slope and design. Current plans are designed for maximum development with minimum impact on views. Partially serviced and mostly adjacent to an established Boulevard. In an area of quality homes. Over $1 million worth of Development Cost Credits could be available to Buyer Developers, based upon existing approved architectural plans and the City of Vernon's Development Credits schedule. This could be a huge bonus for a Buyer. New multi-million dollar expansion project at The Rise is now approved and will include a 30,000 square foot multi-amenity building featuring a world-class restaurant and bar as the main attraction. This Development may be purchased as one aggregate or as any of the three phases individually. Pricing for the individual phases as follows: Phase 1 - $1,400,000; Cul-de-Sac - $500,000; and Phase 2 - $3,100,000. Full architectural plans, strata plans, and summary of Presumed Site Servicing is available upon request, or go to www.DonKassa.com for full details.

Courtesy Of RE/MAX Vernon
  1. 15.12 Lot

Main Features

  • Listing Status: Active
  • Taxes: $4,839.00
  • Tax Year: 2019
  • Zoning: RTR
  • Subdivision: North Okanagan
  • MLS® Number:10176811

Additional Features

  • Current Use:
    • Residential
  • View:
    • City View
    • Lake View
    • Mountain View
    • Valley View
    • View
  • Frontage:
    • 2760.00
  • Waterfront Y/N:
    • No
  • Access:
    • Public Road
  • Zoning:
    • Residential-Medium Density
  • Legal Description:
    • Lot 4 Section 31 Township 9 Osoyoos Division Yale District Plan KAP78317
  • Transaction Type:
    • For Sale
Neighborhood info courtesy of Homes.com © 2019
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Mark Chomyshen
Mark Chomyshen
Associate
100 - 1553 Harvey Avenue Kelowna BC V1Y 6G1
50.262905 -119.3377

Lot 4 Okanagan Hills Boulevard Vernon, BC V1H 1P4

232626730 50.262905 -119.3377 799 /listing/232626730-150112728/lot-4-okanagan-hills-boulevard-vernon-bc-v1h-1p4 False 0 4400000.0 102 10176811 False
  • $4,400,000
  • 15.12 lot