$2,799,999
MF4-zoned redevelopment opportunity located just steps from the lake in the highly desirable Pandosy–Abbott corridor. This property offers exceptional medium- to high-density development potential, including the ability to develop up to 16 townhomes or a four-story apartment building with approximately 50 units, subject to City approvals. There is also potential to subdivide into two single-family lots, providing multiple exit and development strategies. The site is improved with a well-maintained estate-style rancher, allowing for holding income while redevelopment plans are pursued. The existing improvements include a 3-bedroom, 2-bathroom residence, a double detached garage with studio above suitable for extended family or rental use, and a substantial 28’ x 24’ detached garage/workshop featuring a wash sink, full second level, bonus room, full bathroom, and cabinetry with kitchen sink. The property is fully fenced with private gated access and features mature landscaping, adding value during the holding period. The location benefits from excellent walkability and proximity to the lake, Kelowna General Hospital, shopping, transit, and key amenities. This offering presents a rare opportunity to acquire a strategically located MF4 site with strong density potential, interim income, and long-term redevelopment upside in one of Kelowna’s most sought-after urban neighbourhoods. (id:64133)
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Property Details
MLS® Number 10391722 Property Type Other Neigbourhood Kelowna South AmenitiesNearBy Park, Recreation, Schools, Shopping CommunityFeatures Family Oriented Features Level Lot, Private Setting ParkingSpaceTotal 12 -
Building
Cooling Type Central Air Conditioning Exterior Finish Stucco Fire Protection Security System Heating Fuel Electric Heating Type Baseboard Heaters, See Remarks Roof Material Asphalt Shingle,tile Roof Style Unknown,unknown Type Other Utility Water Municipal Water Parking
Additional Parking Detached Garage 2 -
Land
Access Type Easy Access Acreage No Fence Type Fence Land Amenities Park, Recreation, Schools, Shopping Landscape Features Landscaped, Level Sewer Municipal Sewage System Size Frontage 94 Ft Size Irregular 0.44 Size Total 0.44 Ac|under 1 Acre Size Total Text 0.44 Ac|under 1 Acre
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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June 19 2026 06:18:48
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