About this home
RARE DEVELOPMENT OPPORTUNITY — UC4 ZONING ON .49 ACRES! Outstanding value for developers & investors! This property represents one of the best land opportunities on the market in one of Kelowna’s fastest-growing urban centres. Zoned UC4, the site supports potential for up to six storeys (buyer to verify) and forms part of a larger land assembly opportunity exceeding one acre—ideal for future multifamily or mixed-use development. Perfectly positioned in a high-demand area, this location offers convenience, connectivity, and growth. Minutes to UBCO, Kelowna International Airport, major shopping, schools, and transit, the property is strategically located to serve the expanding North Kelowna and University District corridor—an area primed for densification and long-term appreciation. The existing home adds flexibility and holding value, featuring 3 bedrooms, 1 bathroom, and a warm cabin-style charm with an open kitchen, cozy living areas, and an upper loft ideal for a tenant suite, studio, or office. A full unfinished basement and a large detached garage/workshop enhance storage and functionality—ideal for interim rental income or home-based business use while development plans progress. Whether your strategy is land banking, assembling, or developing, this property delivers rare scale, zoning, and location advantages—making it a premier investment opportunity in Kelowna’s evolving urban landscape.
Highlights & things to check
Highlights
- Lot is 0.49 acres with a level lot, per the listing.
- Zoned UC4, which the listing says supports potential for up to six storeys, per the listing.
- Municipal water and municipal sewer service the property, per the listing.
- Town centre Kelowna is 600 m away and Rutland Senior Secondary is 460 m away, straight-line.
Things to check
- Ask the City of Kelowna to confirm the UC4 zoning and maximum height, since the listing says buyers should verify this.
- Ask whether the larger land assembly of over one acre mentioned in the listing is included in this sale.
- Ask what City approvals and permits would be needed before any multifamily or mixed-use development could proceed.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 170 Mugford Road
Neighbourhood scores
7.3 / 10Walk & bike score: 7.7 / 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
- Kitchen11'7'' x 14'0''
- Living room11'8'' x 12'0''
- Dining room5'8'' x 8'4''
- Full bathroom7'9'' x 8'0''
- Mud room10'0'' x 9'6''
- Primary Bedroom9'6'' x 12'9''
- Bedroom9'6'' x 8'3''
Second level · 3 rooms
- Bedroom11'10'' x 10'0''
- Recreation room19'10'' x 10'0''
- Dining nook9'0'' x 6'3''
Property details
- Price
- $1,299,000
- MLS® number
- 10400275
- Property type
- Single-family home · House · Single Family
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,516 sq ft
- Lot size
- 0.49 acres · 0.49
- Year built
- 1940
- Storeys
- 2
- Parking spaces
- 20
- Annual taxes
- $4,208
- Community
- Rutland North, Kelowna
Features
- Heating
- Forced air
- Parking
- Detached Garage, Rear, RV, See Remarks, Additional Parking
- Community
- Family Oriented
- Lot
- Level lot
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Fencing
- Fence
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Listing information is provided by REMAX Kelowna - Stone Sisters through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-09-30.