Don Rae Realtor


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    12349 Lake Hill Drive Lake Country V4V1G2

    Price : $2,999,913 Listing ID : 10362113
    5 Bedrooms 3 Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 4080 sqft
    Built in : 1989 Total Parking Spaces : 12
    Rare Development Opportunity in the Heart of Lake Country Situated in the prestigious community of The Lakes, this 5.56-acre parcel represents one of the most exciting development opportunities in Lake Country. Subdivision plans have been prepared for a 14-lot bare land strata development, with the PLR issued, offering strong future opportunities for both developers and investors. The property’s gentle topography means minimized site work, keeping development costs efficient. RU1 zoning provides flexibility to build either single-family homes or full duplexes across the 14 lots, maximizing long-term value. With panoramic lake and valley views spanning the entire parcel and very few new lots available in this sought-after area, demand is expected to be strong. An existing 4000+ sq.ft., 5-bedroom home with an inground pool adds immediate value, offering rental income while subdivision plans progress. Inside, vaulted ceilings, expansive windows, and spacious living areas showcase the home’s charm and highlight its Okanagan views. There is also a separate entrance downstairs allowing for the opportunity to create an in-law suite. The location is truly unbeatable — minutes from schools, beaches, wineries, golf courses, shopping, and Kelowna International Airport. This is a rare opportunity to secure land in one of the Okanagan’s fastest-growing communities, with both immediate value and exceptional long-term development potential. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Public Transit, Park, Recreation, Schools, Shopping Access : Easy access Appliances Inc : Cooktop, Dishwasher, Dryer, Washer, Oven - Built-In
    Community Features : Family Oriented Features : Central island, Balcony Structures : -
    Total Parking Spaces : 12 View : Lake view, Mountain view, View (panoramic) Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Split level entry Bathrooms (Partial) : 0 Cooling : Wall unit, Window air conditioner
    Fire Protection : - Fireplace Fuel : Wood Fireplace Type : Conventional
    Floor Space : - Flooring : Hardwood, Tile Foundation Type : -
    Heating Fuel : Electric Heating Type : Baseboard heaters, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Lower level 3pc Ensuite bath 8'3'' x 6'1''
    Bedroom 14'2'' x 16'7''
    Den 9'10'' x 9'9''
    Laundry room 13'2'' x 8'2''
    Recreation room 14'4'' x 17'10''
    Storage 14'8'' x 5'9''
    Storage 9'10'' x 10'
    Utility room 9'10'' x 18'9''
    Main level 3pc Bathroom 10'2'' x 8'10''
    Bedroom 14'9'' x 10'8''
    Bedroom 14'9'' x 11'1''
    Dining room 13'3'' x 11'2''
    Foyer 12'6'' x 13'2''
    Kitchen 20'9'' x 12'9''
    Living room 25'9'' x 23'7''
    Storage 4'11'' x 6'2''
    Sunroom 10'3'' x 13'7''
    Second level 3pc Ensuite bath 8'1'' x 5'11''
    Bedroom 14'11'' x 12'2''
    Other 12'9'' x 4'4''
    Primary Bedroom 14'11'' x 20'1''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.