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$ 1,999,900
Est. payment | /mo
2,528 SqFt
$ 1,999,900
Est. payment | /mo
2,528 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,528 sqft
Price per Sqft $791
Subdivision Lake Country East / Oyama
MLS® Listing ID 10345539
Originating Board Association of Interior REALTORS®
Lot Size 0.620 Acres
Acres 0.62
Property Description
DEVELOPMENT OPPORTUNITY! Boutique Hotel Site for sale, fully re-zoned C9A Tourist Commercial. Feasibility study and renderings available for a 4-storey, 28 unit building. Plans include seven 430 sqft studio units, eight 550 sqft 1 bedroom units, and fifteen 800 sqft 2 bedroom units, with 28 open parking stalls. There is a possibility to add an additional 2-storeys with a variance and some design modifications. This large 0.62 flat lot offers approximately 110' frontage on Turtle Bay Court, 100' frontage on Seymour Road, and 253' frontage on Woodsdale Road, a main corridor in Lake Country. Currently situated on site is a 2,528 sqft, 5 bedroom, 4 bathroom, 1994 home with an included 2 bedroom legal suite. There are very few hotel/short term options in this fast-growing area. Lake Country is perfectly positioned near Wood and Kal Lakes and with convenient access to Kelowna Airport, UBCO and a gateway to both the North and Central Okanagan. With a planned senior care facility next door and extensive multi-family development in the neighbourhood, this area is poised to see rapid growth, which should provide good support to this project. Further “Principal Uses” include: breweries and distilleries, food establishments, liquor stores, hotels or motels, indoor participant recreation services, spectator entertainment establishments. “Secondary Uses” include: offices, personal service establishments, residential security operations, and retail or convenience stores. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Fence
View Y/N No
Roof Type Unknown
Total Parking Spaces 12
Private Pool No
Building
Lot Description Landscaped, Level
Sewer Municipal sewage system
Listed by Oakwyn Realty Ltd.
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Nick Palumbo
Agent | License ID: 5043946