Updates mentioned by the listing
- PlumbingUpdated (year not given)“Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink.”
- ElectricalUpdated (year not given)“Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink.”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
About this home
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.
Highlights & things to check
Highlights
- Lot is 2.49 acres, and per the listing it is not in the Agricultural Land Reserve.
- Per the listing, the land is designated Future Residential in the Official Community Plan, with draft higher-density zoning approval pending.
- The home has 4 bedrooms, 3 bathrooms and an attached garage, and the basement includes a kitchen and full bathroom, per the listing.
- Municipal water is listed, and Swan Lake is 790 m away straight-line, per the listing.
Things to check
- Ask the City what the Future Residential designation and pending draft OCP mean for zoning, approvals and timing for this lot.
- The septic tank is listed, and per the listing community sewer is expected by early 2028. Ask about connection timing and costs.
- Ask which fireplaces are working and certified, since the description mentions two but the details list an insert.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 5973 Pleasant Valley Road
Neighbourhood scores
8.4 / 10Walk & bike score: 4.8 / 10, from how close the nearest school, park or trail, rec centre and town centre are.
Family Home Match
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Scores and distances are Sean Phillips’s own measure of straight-line distance from this home to public B.C. map data (schools, parks and trails, lakes, town centres, rec centres, hospitals). They are not part of the MLS® listing; please check anything that matters to you.
Distances from the front door
Straight-line distances. Driving distances are longer.
Room sizes
Main level · 7 rooms
- 2pc Bathroom
- Living room13'0'' x 19'6''
- Dining room12'0'' x 13'0''
- Kitchen12'0'' x 15'0''
- Full bathroom5'0'' x 13'0''
- Bedroom10'0'' x 13'0''
- Primary Bedroom11'0'' x 15'0''
Basement · 8 rooms
- Storage5' x 7'0''
- Bedroom9' x 11'0''
- Recreation room12'0'' x 14'0''
- Utility room12'0'' x 5'6''
- Bedroom12'0'' x 13'6''
- Full bathroom11'6''
- Kitchen10' x 11'6''
- Living room12'0'' x 19'6''
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
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Listing information is provided by Oakwyn Realty Okanagan-Letnick Estates through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.