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Rare Okanagan Lakefront Building Opportunity! Discover the possibilities at 7501 Kennedy Lane, a beautifully positioned, approximately 0.30-acre waterfront property in Vernon's desirable Bella Vista neighbourhood. Tucked away at the end of a private lane, this relatively level, surveyed lot offers approximately 60 feet of lake frontage, breathtaking lake views and sought-after southern exposure. Imagine designing your dream lakeside retreat, with a rancher-style home and daylight basement perfectly suited to the setting. For those looking beyond a single residence, the property's MUS zoning offers exciting possibilities for multi-unit housing, including the potential for a family-owned triplex or multi-generational living. Short-term rental accommodation may also be possible, subject to applicable regulations and approvals. With City services available at the lot line, this property provides an exceptional opportunity to create something truly special on the shores of Okanagan Lake. Whether you're envisioning a private waterfront home or exploring a multi-unit development, 7501 Kennedy Lane offers the location, exposure and flexibility to bring your vision to life. Buyers to verify development possibilities with the City of Vernon.
Highlights
- Lakefront lot of about 0.3 acres, with approximately 60 feet of lake frontage per the listing and Okanagan Lake about 20 m away.
- Zoned Multi-Unit: Small Scale (MUS), which the listing says may allow multi-unit housing.
- City water, sewer and utilities are available at the lot line.
- The City's map facts show the property is not in a flood or wildfire hazard permit area.
Things to check
- Confirm with the City of Vernon which multi-unit uses are possible under the MUS zoning, as the listing asks buyers to verify.
- Ask the City whether short-term rentals are allowed here, since the listing says they are subject to regulations and approvals.
- The City has a development application on file within about 400 m. See City of Vernon map facts for details.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Insider tip: Alberta has no land transfer tax, but B.C. charges property transfer tax when the title registers in your name. Buying a home in B.C. when you’re moving from out of province →
Overall neighbourhood score 7.4 / 10; walk & bike score 2.1 / 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.
- Price
- $1,249,000
- MLS® number
- 10405016
- Property type
- Lot / land
- Ownership
- Freehold
- Lot size
- 0.3 acres
- Frontage
- 60 feet
- Annual taxes
- $7,409
- Community
- Bella Vista, Vernon
- View
- Lake view, View (panoramic)
- Lot features
- Irregular lot size
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Water, Natural Gas, Electricity, Cable, Telephone
From the City of Vernon’s public maps, checked November 3, 2026. Not part of the MLS® listing. Please confirm anything important with the City.
- 7517 TRONSON RD: To facilitate a proposed 3 lot subdivision on the subject property. Application
- 7444 OLD STAMP MILL RD: To facilitate a bareland subdivision in the Aquatic Ecosystem and Hillside Development DPAs. Application
- 7444 OLD STAMP MILL RD: To facilitate a proposed bareland strata subdivision (1 lot into 2) on the subject property. Application
A nearby fire hall matters for home insurance and emergencies; firefighters are often first on scene for medical calls too.
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Listing information is provided by Coldwell Banker Executives Realty through the REALTOR.ca DDF®. It is deemed reliable but not guaranteed accurate and should be independently verified. Last updated 2026-11-02.