170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an easement over an adjacent property, or potential use of city land at the North-East corner. The property also borders the Glenmore Dog Park near the North-East corner. Current Official Community Plan Future Land use is ""R-AGR - Rural - Agricultural & Resource"". With an OCP amendment and subsequent rezoning, there could be tremendous upside for a purchaser for a potential large-scale residential development. 2025 BC Assessment (as of July 1 2024) shows $12,838,000, and an appraisal on file (2022) showed an estimated market value of $15,450,000. Court-ordered sale - All offers are subject to court approval and must include schedule ""A"". Property is sold as-is where-is with no warranties of any type; buyer to investigate and conduct their own due diligence. (id:47421)
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Listed By
Sotheby's International Realty Canada, eXp Realty of Canada, Inc.
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Detailed Information
Listing Contract Date
2025-02-18
Municipal ID
008-585-687
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Views
City view, Lake view, Mountain view, Valley view
Waterfront Type
Waterfront on pond
Zoning
Agricultural
Building
Type
Other
Utility Water
See Remarks
Utilities
Type
Description
Electricity
At Lot Line
Land
Total Size
170.9 acres
Acreage
Yes
Current Use
Development residential
Sewer
See remarks
Size of Irregular Land
170.9
Surface Water
Ponds
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