3 Bedrooms

1 Bathrooms

1,516 sqft

$1,299,000

RARE DEVELOPMENT OPPORTUNITY — UC4 ZONING ON .49 ACRES! Outstanding value for developers & investors! This property represents one of the best land opportunities on the market in one of Kelowna’s fastest-growing urban centres. Zoned UC4, the site supports potential for up to six storeys (buyer to verify) and forms part of a larger land assembly opportunity exceeding one acre—ideal for future multifamily or mixed-use development. Perfectly positioned in a high-demand area, this location offers convenience, connectivity, and growth. Minutes to UBCO, Kelowna International Airport, major shopping, schools, and transit, the property is strategically located to serve the expanding North Kelowna and University District corridor—an area primed for densification and long-term appreciation. The existing home adds flexibility and holding value, featuring 3 bedrooms, 1 bathroom, and a warm cabin-style charm with an open kitchen, cozy living areas, and an upper loft ideal for a tenant suite, studio, or office. A full unfinished basement and a large detached garage/workshop enhance storage and functionality—ideal for interim rental income or home-based business use while development plans progress. Whether your strategy is land banking, assembling, or developing, this property delivers rare scale, zoning, and location advantages—making it a premier investment opportunity in Kelowna’s evolving urban landscape. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10384670
  Property Type	Single Family
  Neigbourhood	Rutland North
  AmenitiesNearBy	Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
  CommunityFeatures	Family Oriented
  Features	Level Lot
  ParkingSpaceTotal	20
  StorageType	Storage Shed

• Building

  Bathroom Total	1
  Bedrooms Total	3
  Architectural Style	Multi-level
  Constructed Date	1940
  Construction Style Attachment	Detached
  Construction Style Split Level	Other
  Heating Type	Forced Air
  Stories Total	3
  Size Interior	1,516 Sqft
  Type	House
  Utility Water	Municipal Water

  Parking

  See Remarks
  Additional Parking
  Detached Garage	2
  Rear
  R V

• Land

  Access Type	Easy Access
  Acreage	No
  Fence Type	Fence
  Land Amenities	Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area
  Landscape Features	Level
  Sewer	Municipal Sewage System
  Size Irregular	0.49
  Size Total	0.49 Ac|under 1 Acre
  Size Total Text	0.49 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Recreation Room			10'0'' x 19'10''
  Second Level	Bedroom			10'0'' x 11'0''
  Main Level	Mud Room			9'6'' x 10'0''
  Main Level	Dining Room			8'4'' x 5'8''
  Main Level	Bedroom			8'3'' x 9'6''
  Main Level	Full Bathroom			8'0'' x 7'9''
  Main Level	Primary Bedroom			12'9'' x 9'6''
  Main Level	Living Room			12'0'' x 11'8''
  Main Level	Kitchen			14'0'' x 11'7''