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4377 Lakeshore Road, Kelowna

Property Description

Prime Investment Opportunity in Lower Mission. This fully serviced 1.39-acre property in the desirable Lower Mission area presents a rare chance to unlock significant potential value. With its current RU1 zoning, the property could possibly be subdivided into single-family lots or rezoned for multi-family use. Located at 4377 Lakeshore Road, this property is adjacent to Southwind at Sarsons, a three to four-story condominium and townhouse project. It is also within walking distance to three schools, local transit options, the new $6.5M DeHart Park, Mission Creek Trails, the H2O Centre, and Sarsons Beach. Its prime location in Lower Mission offers countless reasons to love living in this vibrant area. Residents enjoy beautiful public beaches along Okanagan Lake and abundant outdoor adventures, with numerous hiking and biking trails right at their doorstep. Food enthusiasts will appreciate the fine dining, breweries, and wineries nearby, while those seeking urban convenience will find the renowned Pandosy Village just minutes away. The property is currently tenanted and includes three buildings: the original home, a garage, a storage shed, and a guest suite. Don’t miss this opportunity to invest in one of the last remaining large estate properties in this sought-after location. (id:43014)

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Full Address:
4377 Lakeshore Road, Kelowna, British Columbia
Price:
$ 3,750,000
MLS Number:
10329799
List Date:
December 4th, 2024
Neighbourhood:
Lower Mission
Lot Size:
1.39 ac
Year Built:
1971
Taxes:
$ 7,135

Property Details

Bedrooms:
1
Bathrooms:
1
Heating:
Forced air

Interior Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage:
Oversize
Ownership Type:
Freehold
Taxes:
$ 7,135

Building Features

Finished Area:
4025 sq.ft.

Floors

Lot Size:
1.39 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Natalie BenedetOffice: Sotheby's International Realty Canada

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Prime Investment Opportunity in Lower Mission. This fully serviced 1.39-acre property in the desirable Lower Mission area presents a rare chance to unlock significant potential value. With its current RU1 zoning, the property could possibly be subdivided into single-family lots or rezoned for multi-family use. Located at 4377 Lakeshore Road, this property is adjacent to […]
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4377 Lakeshore Road, Kelowna

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Lower Mission

Lower Mission real estate is considered by many to be the gem of Kelowna. Located on the east side of the Okanagan Lake, just south of Kelowna's downtown. This desirable area is home to some of Kelowna's best beaches, as well as many boutiques, cafes, banks, and medical offices. In the heart of the Lower Mission you'll find Pandosy Village: an area peppered with family run businesses and noticeably void of big box chain stores. The residential real estate market in the Lower Mission offers something for everyone, from town homes, condos, vacation rentals, gated communities, family homes, to luxurious multi-million dollar lakefront homes.

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