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625 S HIGHWAY 97
Out of Town No City Value V0H 1X9

$16,900,000
Land Commercial

Main Photo: 625 S HIGHWAY 97 in No City Value: Out of Town Land Commercial for sale : MLS®# C8035259
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Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8035259
Over 28 acres with 1,400 feet of low bank lakeshore located between Okanagan Lake Provincial Park and Fitzpatrick Estate Winery at Greata Ranch. This estate property comprises 5 contiguous parcels. Gently sloping topography provides elevated lake views and would support a variety of enhanced agricultural development including vineyard. This property is a scenic 30 minute drive from either Kelowna to the north or Penticton to the south. Neighbouring zoning indicates an opportunity for comprehensive residential redevelopment with mixed commercial uses. Once in a generation opportunity to own one of the last, large Okanagan Lake lakeshore properties. Buy and hold to enjoy a private lakeshore estate, enhance the available agricultural benefits with the option to engage in a comprehensive, phased redevelopment of the lands. Opportunities are endless like the summer sun for this rare lakeshore estate offering. Subject properties are court approved for sale, subject to probate.
Sale Type:
Asset
Property Type:
Land Commercial
Land Use/Zoning:
CT2
Taxes:
$581.47 / 2020
Services Connected:
Cable at Lot Line, Electricity at Lot Line, Well
Water Supply:
Drilled Well
Env Assmt Phase:
None
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Other Income:
Effective Gross Income:
Gross Income:
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Tot Gross Sales:
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Listed by NAI Commercial Okanagan Ltd. (OMREB) and Harcourts
Data was last updated December 5, 2020 at 04:00 AM (UTC)
Bruce Long CCIM, FRI, PREC
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