$2,395,000

5973 Pleasant Valley Road, Vernon

North BX, Vernon, BC V1B3L6

4 bd · 3 ba · 2,700 sq ft · Single-family home

Listed by Oakwyn Realty Okanagan-Letnick Estates

About this property

DEVELOPER ALERT! Rare development opportunity in the Swan Lake area. OCP-designated for Future Residential, this property offers strong potential for medium-density townhomes/row housing, with possible single-family subdivision or bare land strata (subject to approval; buyer to verify with applicable authorities). Draft OCP approval for higher-density zoning is pending. NOT IN THE ALR, a rare find. Historically an orchard, now a working hay field, offering holding income while you navigate development. Potential for land assembly with the neighboring parcel for approx. 5 acres total. The North Okanagan Water Recovery Project (NOWRP) is under construction, bringing community sewer to Swan Lake, commissioning fall 2027, fully operational by early 2028. This $49.6M project is a major investment in regional infrastructure and future housing. 2-min walk to Walmart via fenced path, 3 min to major shopping, 10 min to downtown Vernon. The home offers immediate rental value, in excellent condition and rentable as-is. Two fireplaces (electric upstairs, working; cast iron downstairs, not used/not certified). Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink. Sellers open to month-to-month rent-back for flexibility during your development process. Land with future upside, generating rental income today. (id:67417)

Property details

Price

$2,395,000

MLS® number

10398660

Property type

Single-family home · House · Single Family

Ownership

Freehold

Bedrooms

4

Bathrooms

3 (1 partial)

Living area

2,700 sq ft

Lot size

2.49 acres · 2.49

Frontage

280 feet

Year built

1976

Storeys

2

Parking spaces

12

Annual taxes

$1,985

Community

North BX, Vernon

Features

Style

Ranch

Basement

Full

Heating

See remarks, Hot Water

Cooling

Wall unit

Parking

Attached Garage

View

Mountain view, Valley view, View (panoramic)

Fireplace

Insert

Flooring

Laminate, Carpeted, Vinyl

Roof

Other, Unknown

Exterior

Wood siding

Water

Municipal water

Sewer

Septic tank, See remarks

Rooms

Level	Room	Size
Main level	2pc Bathroom
Basement	Storage	5' x 7'0''
Basement	Bedroom	9' x 11'0''
Basement	Recreation room	12'0'' x 14'0''
Basement	Utility room	12'0'' x 5'6''
Basement	Bedroom	12'0'' x 13'6''
Basement	Full bathroom	11'6''
Basement	Kitchen	10' x 11'6''
Basement	Living room	12'0'' x 19'6''
Main level	Living room	13'0'' x 19'6''
Main level	Dining room	12'0'' x 13'0''
Main level	Kitchen	12'0'' x 15'0''
Main level	Full bathroom	5'0'' x 13'0''
Main level	Bedroom	10'0'' x 13'0''
Main level	Primary Bedroom	11'0'' x 15'0''

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