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178 Timberline Road | $5,999,000
Mike and Jaclyn Agent Photo
Mike
and Jaclyn
C. (250) 493-2244
 P. (250) 493-2244
 Phone Mike
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

%
Years (35 year max)
Years



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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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.


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