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3844 Senger Road, Kelowna

Property Description

INVESTOR ALERT !! Approximately 46.91 acres consisting of two contiguous improved rural residential properties, inclusive of a leased cherry orchard (approximately 18 acres) and the Peace Valley Mobile Home Park all with in the ALR. The upper portion sits atop Bemrose and Senger road in prestigious South East Kelowna with sweeping vistas of Gallagher’s Canyon, Black Mountain, and a meandering Mission Creek. The two parcels function as one unit with the future potential to bifurcate with a lot line adjustment. The cherry orchard is leased and the potential income from the cherry orchard as a growing concern has not been factored into the market evaluation. There is tremendous potential as the orchard is beginning to mature closer to full production. The current lease expires in 2031. Buyers wishing to take over the existing lease will receive an approximate $200,000 rebate off the sale price. There are 35 rental pads that make up the Peace Valley Mobile Home Park, and on the Senger road portion there is a renovated two-bedroom home with a separate workshop that has a market rental potential of $2,000 per month. Pad rentals information is available upon request. NOTE, future purchasers will be allowed to increase the PAD rent to better reflect the current market rent of approximately $575-to-$600 per month equating to over $20,000 per month of guaranteed income of over $20,000 per month of Pad rent. There is also potential for a panoramic building site for a dream home. (id:43014)

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Full Address:
3844 Senger Road, Kelowna, British Columbia
Price:
$ 5,600,000
MLS Number:
10331362
List Date:
January 10th, 2025
Neighbourhood:
South East Kelowna
Lot Size:
46.91 ac
Year Built:
1965
Taxes:
$ 9,176

Property Details

Bedrooms:
2
Bathrooms:
1
Heating:
Baseboard heaters, Other

Interior Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Septic tank
Water:
Municipal water, Well
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
Detached Garage, Oversize, See Remarks, Heated Garage
Garage Spaces:
2
Ownership Type:
Freehold
Taxes:
$ 9,176

Building Features

Finished Area:
970 sq.ft.

Floors

Lot Size:
46.91 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Herman NeustaedterOffice: CIR Realty

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INVESTOR ALERT !! Approximately 46.91 acres consisting of two contiguous improved rural residential properties, inclusive of a leased cherry orchard (approximately 18 acres) and the Peace Valley Mobile Home Park all with in the ALR. The upper portion sits atop Bemrose and Senger road in prestigious South East Kelowna with sweeping vistas of Gallagher’s Canyon, […]
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3844 Senger Road, Kelowna

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South East Kelowna

South East Kelowna is a gorgeous area with small acreages and beautiful golf courses; here, you can truly feel like you’re away from it all. While the neighbourhood feels rural, residents are still close to all of Kelowna’s top amenities and attractions. There’s nothing like a relaxing drive through South East Kelowna, seeing the cherry and apple orchards in the fall, or smelling the blossoms in the spring. It's spectacular here! This is a great neighbourhood to explore the rolling countryside on your road bike.

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