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2718 O'Reilly Road, Kelowna | $4,100,000

Exceptional Development Opportunity a?? 15.99 Acres (Not in the ALR). Rare chance to acquire a prime 15.99-acre holding property outside the ALR, offering immense development potential. Currently zoned RR1, with city sewer and water services adjacent to the propertya??a major infrastructure advantage. Development Potential: Preliminary plans by Protech available for a proposed 28-lot subdivision. Prime Location: Centrally located, just minutes to downtown, Orchard Park Mall, Costco, and major transit routes. Existing Home: Well-maintained 3,300 sq ft residence on-site a?? dated, but livable and income-generating during planning phases. Flexible Options: Seller open to remaining involved as a partial equity partner. Whether you're a developer, investor, or land banker, this is a rare opportunity to secure one of the last large, developable parcels in a sought-after urban location.

Description

Exceptional Development Opportunity a?? 15.99 Acres (Not in the ALR). Rare chance to acquire a prime 15.99-acre holding property outside the ALR, offering immense development potential. Currently zoned RR1, with city sewer and water services adjacent to the propertya??a major infrastructure advantage. Development Potential: Preliminary plans by Protech available for a proposed 28-lot subdivision. Prime Location: Centrally located, just minutes to downtown, Orchard Park Mall, Costco, and major transit routes. Existing Home: Well-maintained 3,300 sq ft residence on-site a?? dated, but livable and income-generating during planning phases. Flexible Options: Seller open to remaining involved as a partial equity partner. Whether you're a developer, investor, or land banker, this is a rare opportunity to secure one of the last large, developable parcels in a sought-after urban location.

General Info


MLS Listing ID: 10378305 Bedrooms: 3 Bathrooms: 2 Year Built: 1966
Parking: N/A Heating: Baseboard heaters Lotsize: 15.99 ac|10 - 50 acres Air Conditioning : N/A
Home Style: Storage Shed Finished Floor Area: N/A Fireplaces: N/A Basement: N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .