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$ 4,300,000
Est. payment | /mo
0.75 Acres Lot
$ 4,300,000
Est. payment | /mo
0.75 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Glenmore
MLS® Listing ID 10396913
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Freehold
Property Description
Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city's fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna's Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna's long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site's gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna's most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore's future today. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by REMAX Kelowna
Nearby Locations
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1 - 1890 Cooper Road, KELOWNA, British Columbia V1Y 8B7, CA