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Lot 4 Okanagan Hills Boulevard, Vernon, British Columbia V1H 1P4

Acreage

$4,400,000

Lakeview multi family development site adjacent to The Rise Golf Course in Vernon, BC. 15.12 acres with plans for 88 multi-family units. Higher density is allowed with up to 12 units per acre depending on slope and design. Current plans are 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. This could be a huge bonus for a Buyer. A PROPOSED NEW CLUBHOUSE AT THE RISE should be announced shortly. The 30,000 square foot multi-amenity building featuring a world-class restaurant and bar as the main attraction. MASSIVE VINEYARDS are being planted in the Bella Vista area which will be a dramatic change in the makeup of this neighborhood. This Development may be purchased as one aggregate or as any of the three phases individually. Pricing for the individual phases as follows: 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, or go to www.DonKassa.com for full details. (id:39890)

Property Details

MLS® Number 10176811
Property Type Vacant Land
Neigbourhood Bella Vista
Amenities Near By Golf Course, Recreation
Features Hillside, Level
Road Type No Thru Road
View Type Lake View, Mountain View, View, City View, Valley View

Building

Fireplace Present No

Land

Acreage Yes
Current Use Development Residential
Land Amenities Golf Course, Recreation
Size Frontage 2760 Ft
Size Irregular 15.12
Size Total 15.12 Ac|10 - 50 Acres
Size Total Text 15.12 Ac|10 - 50 Acres

https://www.realtor.ca/real-estate/22054051/lot-4-okanagan-hills-boulevard-vernon-bella-vista

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