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PRIME DEVELOPMENT OPPORTUNITY. This 12.94-acre property has recently been incorporated into the town boundaries, offering exciting potential for future growth. It features approximately 115 feet of desirable lakeshore frontage and is currently generating income as a leased vineyard. The seller is in the process of excluding the lakeside portion from the ALR, adding further flexibility and value.
Highlights
- Per the listing, about 115 feet of lakeshore frontage, with Lake Osoyoos 120 m away straight-line.
- Per the listing, the property was recently incorporated into the Town of Osoyoos boundaries, offering potential for future growth.
- Per the listing, the vineyard is currently leased and generating income.
- Municipal water service is in place, and the Town centre is 1.6 km away straight-line.
Things to check
- The listing gives 12.29 acres in the details but 12.94 acres in the description. Ask for the surveyed size and title.
- Ask for the status of the ALR exclusion application and what it means for permitted uses.
- Ask for the zoning and what the new town boundaries allow for future development.
- South Okanagan General Hospital is 16.4 km away straight-line. Ask about travel time for regular medical care.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Overall neighbourhood score 8.9 / 10; walk & bike score 6.2 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
Main level
- Bedroom12' x 9'6"
- Full bathroom
- Bedroom7'8" x 11'
- Primary Bedroom9'8" x 11'2"
- Dining room10' x 8'
- Living room15'3" x 13'10"
- Kitchen12' x 11'10"
- Price
- $11,590,000
- MLS® number
- 10401120
- Property type
- Single-family home
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- 1,008 sq ft
- Lot size
- 12.29 acres
- Year built
- 1941
- Storeys
- 1
- Annual taxes
- $1,102
- Community
- Osoyoos, Osoyoos
- Style
- Ranch
- Heating
- Forced air
- Cooling
- Central air conditioning
- Parking
- RV, Oversize, Additional Parking
- Waterfront
- Waterfront on lake
- Water
- Municipal water
- Sewer
- Septic tank
- Parking details
- RV, Oversize, Additional Parking
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