$6,500,000
9102/9104/Lot 3 of 9108 Mackie Drive, Coldstream
Mun of Coldstream, Coldstream, BC V1B1H1
Lot / land
Listed by RE/MAX Vernon
About this property
'Senior Living' development property opportunity! This rare offering includes 3 Titles, within the existing (approx. 22 acre) parent property know as Coldstream Meadows. Approx. 8.1 acres of the Land is vacant land, the rest is access & amenities. The zoning is RCD2 - in the desirable North Okanagan, Municipality of Coldstream, & is a site specific zoning that was created to accommodate a Senior's Campus of Care concept w/ Independent Living, Assisted Living, & future Complex Care facilities. This land is unique, mostly flat, & in a beautiful Rural setting, yet only minutes away from urban development. It is located in the ALR, (Agricultural Land Reserve) but due to its long history of institutional use, that pre-dates the ALR, it has received approval, in 2021 (ALC Resolution #371/2021) for a non-farm use, to build up to 463 residential units for seniors care and seniors housing. There are currently 75 (privately owned) residential 55+ strata units, that were built between 2009 and now (these are not for sale ), but the vacant land, & other amenities portions, are being sold by Court Ordered Sale. With zoning approval from Coldstream, a future expansion of up to 388 more residential seniors housing & senior care units, is possible, to bring the total residential units, as approved by the ALC decision, up to a maximum of 463 units. There is currently a great need for quality seniors care & housing, & the NEW Coldstream Meadows has the potential to provide that and more! (id:67417)
Property details
- Price
- $6,500,000
- MLS® number
- 10396687
- Property type
- Lot / land · Other · Vacant Land
- Ownership
- Freehold
- Lot size
- 16.94 acres · 16.94
- Annual taxes
- $9,166
- Community
- Mun of Coldstream, Coldstream
Features
- View
- Mountain view, River view
- Waterfront
- Waterfront on creek
- Community
- Rural Setting, Seniors Oriented, Pets Allowed
- Lot
- Treed, Irregular lot size
- Water
- Municipal water
- Utilities
- Water, Electricity, Cable, Telephone
Listing information is provided by RE/MAX Vernon through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.
