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178 Timberline Road | $5,999,000
Philip Fox* Agent Photo
Philip
Fox*
P. (250) 492-2266
 Phone Philip https://www.instagram.com/pentictonrealestate/
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

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Address 178 Timberline Road
AreaCentral Okanagan
Sub AreaUM - Upper Mission
State/ProvinceBritish Columbia
CountryCanada
Price$5,999,000
Property TypeSingle Family - Detached w/Acreage
Bedrooms4
Bathrooms4
Half Baths0
Floor Space3914 Square Feet
Lot Size5.74 Acres
WaterfrontNo
Year Built1995
Taxes $10,068
Tax Year2023
MLS® #10325897

LOCATION! KELOWNA'S UPPER MISSION 5.74Ac PRIVATE ESTATE. PANORAMIC LAKE & CITY VIEWS! VERSATILITY! REVENUE! 3900SF WALK-OUT RANCHER W/AIRBNB SUITE. ALREADY RR1C ZONED. SUBDIVISION POTENTIAL. CARRIAGE HOME & SITE APPROVED. 3200SF SHOP. ENDLESS OPPORTUNITIES. Paved gated estate driveway leads to the 4 bed 4 bath +/-3900SF walkout rancher that has breathtaking views from both levels, 2 fireplaces, Hot tub & a lower walk-out suite that has an Airbnb rental license. There's also a lakeview 3200SF clear span shop with 4 massive garage doors, washroom, dbl sink, kitchen/bar area, in-floor heat ready, 220V and 30A outlets, + more side RV parking. Lots of parking with over a third of an acre of paved space (Did we mention the Suite & Shop can bring in great rental income?) The UPPER 2.5Ac portion is approved to build a Carriage Home that won't infringe on the main home's privacy. The LOWER fully cleared 3.24Ac also has stunning views of Okanagan Lake & multiple flat building areas. The owner invested 15 years & millions of dollars getting the property to this point. Just the cost of even 1 Ac of bare Commercial/Industrial land in Kelowna today ($2.5 - 4M), makes one realize just how much of an opportunity this property really is. Highly unique 5.74acre RR1C zoned property is a once-in-a-lifetime opportunity. Property serviced by municipal water. **Please be courteous & do not drive or walk onto the property without a scheduled appointment.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Fox & Fox is a family team of Licenced Realtors working and living in the beautiful South Okanagan. Started by Len Fox in 1982, the team has expanded with the family over the years to include Philip Fox licenced since 2002, Diane Fox since 2006, and Stephen Fox since 2016. Len has since retired his licence but is an active consulting team member. Born and raised in Penticton we are all now raising our own families here and working to help our clients do the same. We specialise in new construction sales (condos, townhouses & single family homes) vineyards & wineries, commercial leases and sales & residential sales of every kind. If you are looking to buy/sell/lease in the South Okanagan let us put our local expertise to work for you. 

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