2040 Glenmore Road N

Vacant Land For Sale in Kelowna, British Columbia

$11,500,000
170.89 acres for sale, centrally located in the Glenmore / Wilden area of Kelowna, and is NOT located in the ALR (Agricultural Land Reserve). The property is currently zoned agricultural (A2) within the city limits of Kelowna. To the West, is the prestigious Wilden development. To the East, is Glenmore Road, providing access via an easement over an adjacent property, or potential use of city land at the North-East corner. The property also borders the Glenmore Dog Park near the North-East corner. Current Official Community Plan Future Land use is ""R-AGR - Rural - Agricultural & Resource"". With an OCP amendment and subsequent rezoning, there could be tremendous upside for a purchaser for a potential large-scale residential development. 2025 BC Assessment (as of July 1 2024) shows $12,838,000, and an appraisal on file (2022) showed an estimated market value of $15,450,000. Court-ordered sale - All offers are subject to court approval and must include schedule ""A"". Property is sold as-is where-is with no warranties of any type; buyer to investigate and conduct their own due diligence. (id:4069)
Address
2040 Glenmore Road N
List Price
$11,500,000
Property Type
Vacant Land
Type of Dwelling
Other
Area
British Columbia
Sub-Area
Kelowna
Lot Size
170.9 Ac.
MLS® Number
10335710
Listing Brokerage
Sotheby's International Realty Canada | eXp Realty of Canada, Inc.
Postal Code
V1V2C5
Site Influences
Waterfront, View

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Jared Franczak

ROYAL LePAGE Kelowna

11-2475 Dobbin Rd West Kelowna
BC
V4T 2E9

Office: (250) 300-8530

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