Pennington
10114 Main Street
Summerland, BC
Canada V0H 1Z0
Details
Address | 4377 Lakeshore Road |
Area | Central Okanagan |
Sub Area | LM - Lower Mission |
State/Province | British Columbia |
Country | Canada |
Price | $4,000,000 |
Property Type | Single Family - Detached w/Acreage |
Bedrooms | 1 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 4025 Square Feet |
Lot Size | 1.39 Acres |
Waterfront | No |
Year Built | 1971 |
Taxes | $7,134 |
Tax Year | 2024 |
MLS® # | 10325624 |
Prime Investment Opportunity in Lower Mission. This fully serviced 1.39-acre property in the desirable Lower Mission area presents a rare chance to unlock significant potential value. With its current RU1 zoning, the property could possibly be subdivided into single-family lots or rezoned for multi-family use. Located at 4377 Lakeshore Road, this property is adjacent to Southwind at Sarsons, a three to four-story condominium and townhouse project. It is also within walking distance to three schools, local transit options, the new $6.5M DeHart Park, Mission Creek Trails, the H2O Centre, and Sarsons Beach. Its prime location in Lower Mission offers countless reasons to love living in this vibrant area. Residents enjoy beautiful public beaches along Okanagan Lake and abundant outdoor adventures, with numerous hiking and biking trails right at their doorstep. Food enthusiasts will appreciate the fine dining, breweries, and wineries nearby, while those seeking urban convenience will find the renowned Pandosy Village just minutes away. The property is currently tenanted and includes three buildings: the original home, a garage, a storage shed, and a guest suite. Don’t miss this opportunity to invest in one of the last remaining large estate properties in this sought-after location.
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA