and Jaclyn
484 Main Street
Penticton, BC
Canada V2A 5C5
Details
Address | 11975 Willett Road |
Area | Central Okanagan |
Sub Area | LE - Lake Country East / Oyama |
State/Province | British Columbia |
Country | Canada |
Price | $2,499,000 |
Property Type | Single Family - Detached w/Acreage |
Bedrooms | 4 |
Bathrooms | 4 |
Half Baths | 0 |
Floor Space | 3312 Square Feet |
Lot Size | 2.96 Acres |
Waterfront | Yes |
Year Built | 1976 |
Taxes | $4,548 |
Tax Year | 2022 |
MLS® # | 10304857 |
A developer’s dream! Located just a stone’s throw from the south shores of Wood Lake, this C-9 Zoned property offers a myriad of opportunities to those who have VISION. There are currently 5 homes on the property (3 small cabins & 2 houses), generating about $70,000/year in revenue. With almost 3 acres, you have room to build and develop something very special. One of the houses currently on site is massive (approximately 5000 sq ft) and with some renovation could easily be restored to its former glory. A tremendous opportunity to create your dream estate or... for those with vision, this is a wonderful development opportunity! This zoning is the "proverbial unicorn" - the options are simply STAGGERING. C-9 (tourist commercial) may permit: Hotel, motel, care home, multiple dwelling housing and much, much more (NOTE: any proposed development must be approved by the District of Lake Country - the Buyer must perform related due diligence). In addition to the tremendous location and rare zoning, this property has views that are breathtaking – looking west, you have sunlight well into the evening and sunsets that are too beautiful to describe. There is SO much to explain regarding this incredible Okanagan/Lake Country real estate opportunity, please make arrangements for a site visit/meeting at which time the listing agent can explain some of the unique nuances and value-added propositions. Thank you for your interest in this wonderful opportunity!
Listed by RE/MAX KELOWNA
Location
About
About Mike and Jaclyn
Mike and Jaclyn first worked together in marketing the initial phase of the Lakeshore Towers condominium project between 2002 and 2004. They bring a genuine upbeat approach to real estate, coupled with a professional thoroughness and commitment to doing the job right. They know how to negotiate an offer so that the sale happens. And they know how to keep everything on track, who to recommend for inspections, appraisals and the legal documentation. Anybody who has worked with them can tell you that they enjoy what they do, and that comes through in how they do it.
About Mike
Mike has been a realtor in Penticton since 1992, working in both the residential and commercial fields. His background as a newspaper editor and photographer before that have served him well on the marketing side, providing the skills for quality feature packages and internet exposure for listings. He has been involved in every type of real estate sale, from mobile homes to the one of the highest sale prices on Skaha Lake; commercial leases and the sale of buildings in Penticton's downtown core. He is known as an honest straight-forward person, one of three Penticton realtors chosen when realtors in the city were polled by an independent company as to who they would hire if they were no longer selling real estate. Mike grew up in southern Ontario, went to university and worked for several years in the Maritmes before settling in Penticton in 1988, where he raised his family.
About Jaclyn
Jaclyn's experience as a mortgage broker has proven to be a real asset for both buyers and sellers. After receiving her real estate license in 2003 and working first as an assistant then as a full-time realtor, Jaclyn left the industry to have her son Erik in 2006. She came back in 2008 to work in the mortgage industry, latterly as a mortgage broker. But by 2010 she realized that she missed the many facets of real estate, and joined Mike as partner. Her knowledge of the mortgage industry has been a real help to both buyers and sellers. Jaclyn grew up in Kimberley, B.C., and is a graduate of the University of Calgary.