Grewal
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
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
Born and raised in Penticton, Paul spent his childhood summers working with his family on their Naramata orchard.
After high school, Paul tackled his first agricultural project – his own 18-acre orchard on the Naramata Bench. Paul’s passion was ignited and he has remained true to that passion, becoming a local expert in orchard and vineyard properties.
Earlier in his career, with a degree in business and a focus on marketing, he integrated another passion, riding. With the help of a good friend, Freedom Bike Shop was born. After more than a decade selling, riding and fixing bikes, Paul met amazing people with even more amazing stories of how the little shop impacted their lives. Cycling is a focal point of Paul’s life.
Paul’s is a diverse real estate agent – able to work comfortably with home buyers, talk intelligently about orchards, vineyards and wineries, and understanding the complexities of commercial real estate and business sales. He has lived it all and understands real estate from the inside out.