- ©MLS 10398660
- Area 2700 sq ft
- Bedrooms 4
- Bathrooms 3
- Parkings 12
Description
DEVELOPER ALERT! Rare development opportunity in the Swan Lake area. OCP-designated for Future Residential, this property offers strong potential for medium-density townhomes/row housing, with possible single-family subdivision or bare land strata (subject to approval; buyer to verify with applicable authorities). Draft OCP approval for higher-density zoning is pending. NOT IN THE ALR, a rare find. Historically an orchard, now a working hay field, offering holding income while you navigate development. Potential for land assembly with the neighboring parcel for approx. 5 acres total. The North Okanagan Water Recovery Project (NOWRP) is under construction, bringing community sewer to Swan Lake, commissioning fall 2027, fully operational by early 2028. This $49.6M project is a major investment in regional infrastructure and future housing. 2-min walk to Walmart via fenced path, 3 min to major shopping, 10 min to downtown Vernon. The home offers immediate rental value, in excellent condition and rentable as-is. Two fireplaces (electric upstairs, working; cast iron downstairs, not used/not certified). Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink. Sellers open to month-to-month rent-back for flexibility during your development process. Land with future upside, generating rental income today. (id:48970) Show More
Details
- Constructed Date: 1976
- Property Type: Single Family
- Type: House
- Architectural Style: Ranch
- Neighbourhood: North BX
Features
- Mountain view
- Valley view
- View (panoramic)
- Wall unit
- Hot Water
- See remarks
Rooms Details For 5973 Pleasant Valley Road
| Type | Level | Dimension |
|---|---|---|
| Storage | Basement | 7'0'' x 5' |
| Bedroom | Basement | 11'0'' x 9' |
| Recreation room | Basement | 14'0'' x 12'0'' |
| Utility room | Basement | 5'6'' x 12'0'' |
| Bedroom | Basement | 13'6'' x 12'0'' |
| Full bathroom | Basement | 11'6'' |
| Kitchen | Basement | 11'6'' x 10' |
| Living room | Basement | 19'6'' x 12'0'' |
| 2pc Bathroom | Main level | Measurements not available |
| Living room | Main level | 19'6'' x 13'0'' |
| Dining room | Main level | 13'0'' x 12'0'' |
| Kitchen | Main level | 15'0'' x 12'0'' |
| Full bathroom | Main level | 13'0'' x 5'0'' |
| Bedroom | Main level | 13'0'' x 10'0'' |
| Primary Bedroom | Main level | 15'0'' x 11'0'' |
Location
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association
Data provided by: Okanagan-Mainline Real Estate Board