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Listing Presented by Don Kassa, Agent with RE/MAX Vernon  (250) 549-4161
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Contact:Don Kassa, Agent
RE/MAX Vernon
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MLS®#: 10176811 $4,400,000 Lot 4 Okanagan Hills Boulevard VERNON BC V1H 1P4
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Description: Lakeview multi family development site adjacent to The Rise Golf Course in Vernon, BC. 15.12 acres planned for 88 multi-family units. Designed for maximum development with minimum impact on views. Partially serviced and mostly adjacent to an established Boulevard. In an area of quality homes. Over $1 million worth of Development Cost Credits could be available to Buyer Developers, based upon existing approved architectural plans and the City of Vernon's Development Credits schedule. New multi-million dollar expansion project at The Rise is now approved and will include a 30,000 square foot multi-amenity building featuring a world-class restaurant and bar as the main attraction. This development may be purchased as one aggregate or as any of the three phases individually. Pricing for the individual phases: Phase 1 - $1,400,000; Cul-de-Sac - $500,000; and Phase 2 - $3,100,000. Full architectural plans, strata plans, and summary of Presumed Site Servicing is available upon request.
Property Type:
COMMERCIAL
Property Sub-Type:
Land
Area:
Bella Vista
Subdivision:
North Okanagan
Tax Year:
2017
Style:
Development residential
Zoning:
RTR


Financing:
Taxes:
$5,191.00

LOT FEATURES: Mountain View, Water View
RE/MAX VERNON
Don Kassa