Waterfront-adjacent development opportunitySite fronts gellatly road
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.
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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: 180 days
Ownership: Freehold,Fee Simple
Road surface type: Paved
Scott Marshall
Scott Marshall
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