About this home
161 Acres I Strategic Development Opportunity I West Kelowna Exceptional opportunity to acquire approximately 161 contiguous acres in West Kelowna, offering a substantial landholding in one of British Colwnbia's most desirable and rapidly evolving regions. The property enjoys impressive views of Okanagan Lake and the surrounding valley, adding another dimension to its long-term development potential. Strategically located along the Highway 97 corridor, the property offers convenient proximity to West Kelowna, Peachland and Kelowna, with access to the amenities, services and economic activity of the Central Okanagan. The property has been the subject of ongoing planning discussions related to future development and access. A proposal was submitted to the City of West Kelowna in February 2024 for consideration within the OCP 2040 and Connect West Kelowna Transportation Master Plan processes. Potential future road access remains under consideration by the City. With approximately 161 acres under one ownership group, this rare offering provides significant flexibility for a purchaser to investigate multiple long-term development opportunities, including potential employment, light industrial/business park or other uses, subject to access, servicing, rezoning and municipal approvals. An exceptional opportunity for developers, investors and land-bank purchasers seeking a strategic holding with outstanding Okanagan Lake views in the heart of the Central Okanagan.
Highlights & things to check
Highlights
- Per the listing, the approximately 161 acres are held under one ownership group.
- Okanagan Lake is about 1.4 km away, and the listing describes views of the lake and the surrounding valley.
- Per the listing, water, natural gas and electricity are listed as utilities for the property.
- Town centre West Kelowna is about 3.8 km away, straight-line, and Kelowna General Hospital is about 14.7 km away.
Things to check
- Ask the City of West Kelowna what zoning applies now and what approvals would be needed for any future use of the land.
- Ask about the status of the February 2024 proposal and whether future road access is still under consideration by the City.
- Ask for the actual plans and costs for servicing and access, since the listing says these remain subject to approvals.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Living at 3250 97 Highway
Neighbourhood scores
7.8 / 10Walk & bike score: 3.2 / 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.
Property details
- Price
- $5,000,000
- MLS® number
- 10400906
- Property type
- Cabin / recreational · Other · Recreational
- Ownership
- Freehold
- Lot size
- 161 acres · 161
- Annual taxes
- $11,008
- Community
- Glenrosa, West Kelowna
Features
- View
- City view, Lake view, Mountain view, Valley view, Unknown
- Lot
- See remarks
- Water
- See Remarks
- Sewer
- See remarks
- Utilities
- Water, Natural Gas, Electricity
- Fencing
- Other