Francisco
104 - 383 Ellis Street
Penticton, BC
Canada V2A 4L8
Details
Address | 3551 Scott Road |
Area | Central Okanagan |
Sub Area | LM - Lower Mission |
State/Province | British Columbia |
Country | Canada |
Price | $2,199,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 3 |
Half Baths | 0 |
Floor Space | 2973 Square Feet |
Lot Size | 0.40 Acres |
Waterfront | No |
Year Built | 1974 |
Taxes | $0 |
Tax Year | 2024 |
MLS® # | 10324543 |
Prime Development or Holding Opportunity in Lower Mission Discover the endless potential with this 0.4-acre flat lot, measuring 104 x 168 feet, located in one of the most sought-after residential neighborhoods in the Lower Mission. This prime property offers an incredible opportunity for development or as a holding investment. Centrally located, you'll be just minutes away from Lake Okanagan, stunning beaches, highly regarded schools, and a variety of shopping and amenities. The current home features a spacious 3-bedroom layout on the upper level, complemented by a lower-level in-law suite—ideal for extended family or rental income. The property offers fantastic flexibility for those looking to either develop or renovate. The City of Kelowna has indicated strong support for development options, including the potential to build 5 townhomes or to subdivide the lot, allowing for a single-family home plus a duplex. The lot is also large enough to facilitate a rezoning to MF1 (Multi-Family Low Density). Interested buyers are highly recommended to conduct their own due diligence with the city to explore these exciting possibilities further. 5plex and detached/attached development available on request.
Listed by COLDWELL BANKER HORIZON REALTY
Location
About
Representing Penticton and the South Okanagan homeowners and future
homeowners/investors, Jenny is committed to listening to her client’s needs and
using her negotiating skills to ensure a successful transaction.
Raised in Penticton, Jenny understands the numerous benefits of life in the
South Okanagan, with its four seasons to fully enjoy, she can attest that raising
her three daughters with her husband, is a wonderful place to raise a family.
Jenny has been doing property management for 34 years in the South
Okanagan and began her real estate career in 2007. Continuing to do both is
rewarding in assisting clients find their temporary or forever home. Jenny
specializes in residential and investment properties which go hand in hand with
her expertise in property management.