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Home BC Greater Kelowna West Kelowna Shannon Lake
Lot 3 Shannon View Drive
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Lot 3 Shannon View Drive $5,545,000
$5,545,000
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Lot 3 Shannon View Drive
West Kelowna, British Columbia V4T2Z7

MLS® Number: 10324432

Listing Description

Price Reduced! A rare opportunity to acquire almost 13 acres of an exclusive mountain top development site with 360 degree views overlooking Shannon Lake, the SL Golf Course and the surrounding mountains. The top of this mountain was blasted and levelled for development over 20 years ago, something the City of WK has affirmed would no longer be permitted. With the new OCP now passed potential developers are encouraged to do their own DD with the City but support for a medium density development (a mix of TH's and Apartments) that compliments the local neighbourhood and SL community has been noted. In depth work regarding the site have been completed, both on and off site servicing requirements, potential site plans, City discussions, Geotechnical report, Field Investigation and highest / best use studies have all been completed and available with a signed CA. Offsite servicing is minimal with utilities available at the lot line. Onsite servicing, due to the nature of a true mountain top location, will be perhaps somewhat more involved in order to extract the full value and potential from the site. This site is truly one of a kind for all of Kelowna/West Kelowna offering unparalleled 360 degrees unobstructed views from all build sites, exclusivity from a private entrance and an excellent central location. (37757210)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Shannon Lake
Title
Freehold
Land Size
12.98 ac|10 - 50 acres
Annual Property Taxes
$16,638
Time on REALTOR.ca
65 days

Price and Sale History

Date Status Price
Jul 6, 2007 Sale Closed $2,700,000
Jul 29, 2005 Sale Closed $1,500,000

Building

Utilities
Utility Type
Electricity (Available), Sewer (Available), Water (Available)
Water
Municipal water

Land

Lot Features
Present Use
Development residential
Road Type
Paved road
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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