$399,999
Positioned in a central Oliver neighborhood with highway access and lane access, close to local shops, schools, and everyday amenities, this flat 0.20-acre lot offers exceptional flexibility for investors and homeowners alike. Under current low-density zoning, the property allows for up to four units per parcel, providing an immediate path to multi-unit development, rental income, or long-term equity growth. The Official Community Plan designates the area for medium density in the near future, adding significant upside potential for future residential projects. Buyers could also choose to build a custom primary residence while living in or renting out the existing home during the planning phase. Situated in the heart of Canada's Wine Capital, the location provides quick access to Tuc-El-Nuit Lake, the Hike and Bike Trail, Fairview Mountain and Nk'Mip Canyon Desert Golf Courses, and nearby wineries. Whether you are looking to hold a versatile development site, generate steady cash flow in a stable South Okanagan market, or establish a foothold in a desirable community, this property delivers strong structural value and multiple strategies for future growth (id:64133)
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Property Details
MLS® Number 10402315 Property Type Single Family Neigbourhood Oliver ViewType Mountain View -
Building
Bathroom Total 1 Bedrooms Total 2 Appliances Refrigerator, Dryer, Range - Electric, Washer Architectural Style Ranch Basement Type Cellar Constructed Date 1935 Construction Style Attachment Detached Exterior Finish Vinyl Siding Fireplace Fuel Gas Fireplace Present Yes Fireplace Total 1 Fireplace Type Unknown Flooring Type Laminate Heating Type See Remarks Roof Material Asphalt Shingle Roof Style Unknown Stories Total 1 Size Interior 732 Sqft Type House Utility Water Municipal Water -
Land
Acreage No Sewer Municipal Sewage System Size Irregular 0.2 Size Total 0.2 Ac|under 1 Acre Size Total Text 0.2 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Main Level 4pc Bathroom Measurements not available Main Level Bedroom 11'7'' x 7'8'' Main Level Primary Bedroom 13'6'' x 7'8'' Main Level Kitchen 9'7'' x 10'1'' Main Level Living Room 11'2'' x 7'4''
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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October 07 2026 03:18:10
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