Property Description
Prime investment and lifestyle opportunity in the heart of Lake Country. Situated on a flat and usable 0.60-acre lot surrounded by beautiful orchards and located right along the Scenic Sip Wine Trail, this exceptional property offers incredible versatility, income potential, and future development possibilities. The spacious 5-bedroom, 3-bathroom home is a wonderful family residence featuring a functional layout, expansive wrap-around deck, and stunning views of Spion Kop and Wood Lake. A 2-bedroom suite provides excellent mortgage helper or rental income potential as well as RV site hook up, making this an ideal holding property for investors and developers alike. With excellent frontage and fully usable land, there is exciting potential for townhouse development, a 4-plex project, building a large shop, or future redevelopment opportunities. Located just minutes from Turtle Bay, Wood Lake, Winfield Shopping Centre, schools, transit, wineries, and amenities, this property offers both immediate enjoyment and long-term upside. Whether you are looking for a beautiful home, strong investment property, redevelopment opportunity, or a combination of all three, this is a rare chance to secure a prime piece of Lake Country real estate in one of the Okanagan’s fastest growing and most desirable areas. (id:6770)
Overview
Price
$
1,029,000
MLS #
10388826
Age
1943
Size
2477 sqft
Lot Size
0.6
acres
Bedrooms
5
Bathrooms
3
Exterior
Vinyl siding
Cooling
See Remarks
Water
Municipal water
Sewer
Septic tank
Flooring
Vinyl
View
Lake view, Valley view
Property Type
Single Family
Roof
Unknown
Stories
1.5
Listing Office
Royal LePage Kelowna