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2040 Glenmore Road North, Kelowna

Property Description

170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an easement over an adjacent property, or potential use of city land at the North-East corner. The property also borders the Glenmore Dog Park near the North-East corner. Current Official Community Plan Future Land use is ""R-AGR - Rural - Agricultural & Resource"". With an OCP amendment and subsequent rezoning, there could be tremendous upside for a purchaser for a potential large-scale residential development. 2025 BC Assessment (as of July 1 2024) shows $12,838,000, and an appraisal on file (2022) showed an estimated market value of $15,450,000. Court-ordered sale - All offers are subject to court approval and must include schedule ""A"". Property is sold as-is where-is with no warranties of any type; buyer to investigate and conduct their own due diligence. (id:43014)

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Full Address:
2040 Glenmore Road North, Kelowna, British Columbia
Price:
$ 11,500,000
MLS Number:
10335710
List Date:
February 18th, 2025
Neighbourhood:
North Glenmore
Lot Size:
170.9 ac
Taxes:
$ 1,882

Property Details

Interior Features

Sewer:
See remarks
Water:
See Remarks
Zoning:
Agricultural
Ownership Type:
Freehold
Taxes:
$ 1,882

Building Features

Floors

View:
City view, Lake view, Mountain view, Valley view
Lot Size:
170.9 ac
Water Frontage Type:
Waterfront on pond
Current Use:
Development residential

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Scott MarshallOffice: Sotheby's International Realty Canada

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170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an […]
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2040 Glenmore Road North, Kelowna

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