$2,499,000
About this House
A developer’s dream! Located just a stone’s throw from the south shores of Wood Lake, this C-9 Zoned property offers a myriad of opportunities to those who have VISION. There are currently 5 homes on the property (3 small cabins & 2 houses), generating about $70,000/year in revenue. With almost 3 acres, you have room to build and develop something very special. One of the houses currently on site is massive (approximately 5000 sq ft) and with some renovation could easily be restored to its former glory. A tremendous opportunity to create your dream estate or... for those with vision, this is a wonderful development opportunity! This zoning is the \"\"proverbial unicorn\"\" - the options are simply STAGGERING. C-9 (tourist commercial) may permit: Hotel, motel, care home, multiple dwelling housing and much, much more (NOTE: any proposed development must be approved by the District of Lake Country - the Buyer must perform related due diligence). In addition to the tremendous location and rare zoning,
Listed by RE/MAX Kelowna.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Features
- MLS®: 10304857
- Type: House
- Bedrooms: 4
- Bathrooms: 4
- Square Feet: 3,312 sqft
- Lot Size: 2 sqft
- Full Baths: 4
- Half Baths: 0
- Parking: 2 (, Attached Garage)
- View: Lake view, Mountain view, Valley view
- Storeys: 1.5 storeys
- Year Built: 1976