A rare and highly strategic waterfront-adjacent development opportunity in one of West Kelowna’s most sought-after and evolving beachside neighbourhoods. Comprising two parcels totalling approximately 2.98 acres, this site fronts Gellatly Road, the Gellatly Pedestrian Corridor, and is steps from Willow Beach and Okanagan Lake. The municipality supports redevelopment for a vibrant mixed-use waterfront village, as per the Gellatly Village Study. Multiple plans for proposed development concepts are available on request, accommodating residential units, live/work units, and small-scale commercial units. Design concepts embrace West Kelowna’s Official Community Plan, Waterfront Master Plan, and Gellatly Village Growth Management Designation. Future development could offer cafes and boutique retail, public plazas, and strong connectivity to surrounding trails, beaches, and parks, alongside waterfront residences. Walkable amenities include a public boat launch and marina, multiple beaches and waterfront parks, sports courts, hiking trails, The Landing Kitchen & Bar in The Cove Lakeside Resort, and more! With limited remaining large parcels in Gellatly Village, this offering represents a once-in-a-generation opportunity to deliver a landmark, year-round waterfront-oriented community in one of West Kelowna’s most prominent locations.
Lot/land
C$18,000,000
4058 & 4066 Gellatly Rd, West Kelowna, BC V4T 2K2
--beds
--baths
2.98Acres
Unimproved Land
Built in ----
2.98 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Waterfront-adjacent development opportunitySite fronts gellatly road
- 59 days
- 56
- 0
Zillow last checked:
Listing updated:
Listed by:
Scott Marshall,
Sotheby's International Realty Canada,
Nate Cassie,
Sotheby's International Realty Canada
Source: Association of Interior REALTORS,MLS®#: 10394842Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Lake, Mountain(s), Panoramic, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Across the Road Water Frontage, Lake, Waterfront
- Body of water: Okanagan Lake
Lot
- Size: 2.98 Acres
- Features: Easy Access, Level, Near Park, Near Public Transit, Paved, Few Trees, Views, Waterfront
Details
- Additional parcels included: 006128653
- Parcel number: 011347201
- Zoning: L1, NC1
- Zoning description: Commercial,Commercial AND Office,Industrial-Light,Mixed,Multi-Family,Residential,See Remarks,Commercial or See Remarks
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Park, Recreation Area
- Subdivision: Gellatly Village
HOA
- Has HOA: No
Location
- Region: West Kelowna
Financial & listing details
- Annual tax amount: C$88,764
- Date on market: 7/16/2026
- Cumulative days on market: 243 days
- Ownership: Freehold,Fee Simple
- Road surface type: Paved
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: V4T
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.



