2040 Glenmore Road N, Kelowna, British Columbia V1V 2C5

Listed for:
$11,500,000
0 beds
0 baths
Listed 42 days ago
Other for rent: 2040 Glenmore Road N, Kelowna, British Columbia V1V 2C5

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Learn more about this property
Listing provided by:
Sotheby's International Realty Canada
MLS® number:
10335710
Agent:
Scott Marshall
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About

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:27476)

Property Highlights

MLS® Number
10335710
Type
Vacant Land
Ownership Type
Freehold
Land Size
170.9 ac|100+ acres

Building

Building Type
Other
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
See Remarks
Utility Sewer
See remarks

Location