Investor & Developer Alert! Prime UC5 Redevelopment Opportunity in Kelowna South. This 0.25-acre flat lot with laneway access is ideally located on a quiet cul-de-sac in one of Kelowna's most sought-after redevelopment areas. Zoned UC5, the property offers excellent potential for a fourplex, townhouse development, or low-rise apartment (subject to City of Kelowna approvals and lot size requirements). Just a 10-minute walk to schools, beaches, parks, shopping, and everyday amenities, the location is ideal for future residential development and highly desirable for tenants or owners alike. The existing 4-bedroom, 2-bathroom home provides strong holding or rental income while development plans are explored. The functional layout features two bedrooms on the main floor, plus two additional bedrooms and a spacious flex/great room in the basement, offering excellent flexibility for families, multi-generational living, or rental use. With strong redevelopment potential, a premium central location, and an existing home that can generate income, this property is an outstanding opportunity for investors, builders, and developers looking to capitalize on Kelowna South's continued growth. As an added bonus, the mature yard includes cherries, apples, pears, purple and golden plums, multiple varieties of grapes, and winter melon, creating a unique setting while you plan your next project. Give us a call today.
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Zillow last checked:
Listing updated:
Listed by:
Ian Watson,
Coldwell Banker Horizon Realty,
Avery Watson,
Coldwell Banker Horizon Realty
Source: Association of Interior REALTORS,MLS®#: 10394163Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Primary bedroom
Level: Main
Area: 1299 Square Feet
Dimensions: 36.00x36.08
Bedroom
Level: Main
Area: 1493.56 Square Feet
Dimensions: 34.67x43.08
Bedroom
Level: Basement
Area: 1270.33 Square Feet
Dimensions: 34.33x37.00
Bedroom
Level: Basement
Area: 1863.33 Square Feet
Dimensions: 43.33x43.00
Dining room
Level: Main
Area: 1419.28 Square Feet
Dimensions: 39.33x36.08
Other
Features: Three Piece Bathroom
Level: Main
Area: 564.26 Square Feet
Dimensions: 35.08x16.08
Other
Features: Three Piece Bathroom
Level: Basement
Area: 411.11 Square Feet
Dimensions: 24.67x16.67
Great room
Level: Basement
Area: 4284.72 Square Feet
Dimensions: 51.42x83.33
Kitchen
Level: Main
Area: 973.29 Square Feet
Dimensions: 35.50x27.42
Laundry
Level: Basement
Area: 1097.67 Square Feet
Dimensions: 29.67x37.00
Living room
Level: Main
Area: 2585.36 Square Feet
Dimensions: 54.33x47.58
Sunroom
Level: Main
Area: 3613.75 Square Feet
Dimensions: 81.67x44.25
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Dryer, Dishwasher, Electric Oven, Refrigerator, Washer
Features
Basement: Finished,Partial,Separate Entrance
Number of fireplaces: 2
Fireplace features: Wood Burning
Interior area
Total interior livable area: 2,340 sqft
Finished area above ground: 1,404
Finished area below ground: 936
Property
Parking
Total spaces: 3
Parking features: Carport
Garage spaces: 1
Carport spaces: 1
Covered spaces: 2
Uncovered spaces: 1
Features
Levels: Two,Multi/Split
Stories: 2
Exterior features: Garden, Private Yard
Pool features: None
Lot
Size: 0.25 Acres
Dimensions: 49.00 x 147.00
Features: Cul-De-Sac, Irregular Lot, Level, Near Park, Near Public Transit, Secluded, Few Trees