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The Vela Vista development site is situated at the North end of Lake Okanagan, featuring fantastic water lake views, opposite the Vernon Yacht Club. 2.76 acres is zoned and approved for development, under site specific zoning, for 54 residential apartment units across three buildings. The property is strategically located between the major Okanagan cities of Kelowna and Vernon, approximately 28 miles (45km) North of the Kelowna International Airport and 4 miles (6km) from Downtown Vernon. Property Book with Development package available upon request.
Highlights
- The 2.76-acre site is zoned and approved under site-specific zoning for 54 residential apartment units in three buildings, per the listing.
- Lake Okanagan is about 120 m away, and the listing notes lake views opposite the Vernon Yacht Club.
- The listing shows municipal water and municipal sewage services, plus electricity and cable.
- The City of Vernon map facts show no flood hazard permit area for this property.
Things to check
- The property is in the City's Wildfire Hazard Development Permit Area. Ask your insurer, and ask the City what it means for future development.
- Ask for the Property Book and development package, which the listing says are available on request.
- The home was built in 1948. Ask whether the existing building is part of the plan or must be removed before development.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Sean’s tip: Since May 2025, pulling your drain plug when transporting a boat is mandatory in BC, and not doing it carries a $345 fine. Boating rules and invasive mussels →
Overall neighbourhood score 7.6 / 10; walk & bike score 2.4 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Grocery storeBuy Low Foods · 4.8 km58 min each way50 m uphill on the way there · 16% tree shade
- CoffeeTim Hortons · 4.8 km59 min there, 58 min home50 m uphill on the way there · 16% tree shade
- Elementary schoolOkanagan Landing Elementary School · 1.4 kmSchool walk check: Much of the walk is along main roads; check for sidewalks · no main-road crossings18 min there, 17 min home25 m uphill on the way there · 45% tree shade
- Park or playgroundPaddlewheel Park · 0.4 km5 min each wayMostly flat · 74% tree shade
- Beach / lake accessPaddlewheel Beach · 0.5 km7 min each way15 m uphill coming home · 67% tree shade
- DowntownDowntown Vernon · 8.1 km1 hr 39 min there, 1 hr 36 min home95 m uphill on the way there · 13% tree shade
- Rail trailOkanagan Rail Trail · 9.5 km2 hr 3 min there, 2 hr home245 m uphill on the way there · 11% tree shade
- HospitalVernon Jubilee Hospital · 7.6 km1 hr 35 min there, 1 hr 31 min home130 m uphill on the way there · 36% tree shade
- GolfThe Rise Golf Course · 7.7 km1 hr 53 min there, 1 hr 39 min home395 m uphill on the way there · 13% tree shade
- Grocery storeBuy Low Foods · 4.8 km21 min there, 20 min home50 m uphill on the way there · 17% tree shade
- CoffeeTim Hortons · 4.9 km21 min there, 20 min home50 m uphill on the way there · 16% tree shade
- Elementary schoolOkanagan Landing Elementary School · 1.5 km8 min each way25 m uphill on the way there · 40% tree shade
- Park or playgroundPaddlewheel Park · 0.4 km3 min each wayMostly flat · 74% tree shade
- Beach / lake accessPaddlewheel Beach · 0.4 km4 min there, 5 min home10 m uphill coming home · 69% tree shade
- DowntownDowntown Vernon · 8.2 km35 min there, 32 min home90 m uphill on the way there · 12% tree shade
- Rail trailOkanagan Rail Trail · 11.1 km49 min there, 44 min home150 m uphill on the way there · 15% tree shade
- HospitalVernon Jubilee Hospital · 7.8 km35 min there, 30 min home100 m uphill on the way there · 15% tree shade
- GolfVernon Golf Club · 9.1 km39 min there, 35 min home105 m uphill on the way there · 12% tree shade
- Grocery storeBuy Low Foods · 4.8 km14 min each way50 m uphill on the way there · 16% tree shade
- CoffeeTim Hortons · 4.8 km14 min each way50 m uphill on the way there · 16% tree shade
- Elementary schoolOkanagan Landing Elementary School · 1.5 km6 min each way25 m uphill on the way there · 40% tree shade
- Park or playgroundPaddlewheel Park · 0.4 km3 min each wayMostly flat · 74% tree shade
- Beach / lake accessPaddlewheel Beach · 0.6 km3 min there, 4 min home15 m uphill coming home · 64% tree shade
- DowntownDowntown Vernon · 8.1 km23 min there, 22 min home95 m uphill on the way there · 15% tree shade
- Rail trailOkanagan Rail Trail · 9.5 km30 min each way245 m uphill on the way there · 11% tree shade
- HospitalVernon Jubilee Hospital · 7.6 km22 min there, 21 min home130 m uphill on the way there · 36% tree shade
- GolfVernon Golf Club · 9.0 km25 min each way110 m uphill on the way there · 11% tree shade
Sean Phillips’s own estimate, not part of the MLS® listing. Real routes on public map paths and roads, with the hills counted both ways, to the quickest-to-reach place of each kind. Times are averages for a relaxed pace; please check anything that matters to you. Map data © OpenStreetMap contributors. How HillSmart ratings work →
- Price
- $3,499,999
- MLS® number
- 10390318
- Property type
- Lot / land
- Ownership
- Freehold
- Lot size
- 2.76 acres
- Year built
- 1948
- Community
- Okanagan Landing, Vernon
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Electricity, Cable
From the City of Vernon’s public maps, checked October 26, 2026. Not part of the MLS® listing. Please confirm anything important with the City.
A nearby fire hall matters for home insurance and emergencies; firefighters are often first on scene for medical calls too.
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Listing information is provided by Magsen Realty Inc. through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.