Don Rae Realtor


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  • 5973 Pleasant Valley Road Vernon V1B3L6

    Price : $2,395,000 Listing ID : 10398660
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2700 sqft
    Built in : 1976 Total Parking Spaces : 12
    DEVELOPER ALERT! Rare development opportunity in the Swan Lake area. OCP-designated for Future Residential, this property offers strong potential for medium-density townhomes/row housing, with possible single-family subdivision or bare land strata (subject to approval; buyer to verify with applicable authorities). Draft OCP approval for higher-density zoning is pending. NOT IN THE ALR, a rare find. Historically an orchard, now a working hay field, offering holding income while you navigate development. Potential for land assembly with the neighboring parcel for approx. 5 acres total. The North Okanagan Water Recovery Project (NOWRP) is under construction, bringing community sewer to Swan Lake, commissioning fall 2027, fully operational by early 2028. This $49.6M project is a major investment in regional infrastructure and future housing. 2-min walk to Walmart via fenced path, 3 min to major shopping, 10 min to downtown Vernon. The home offers immediate rental value, in excellent condition and rentable as-is. Two fireplaces (electric upstairs, working; cast iron downstairs, not used/not certified). Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink. Sellers open to month-to-month rent-back for flexibility during your development process. Land with future upside, generating rental income today. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 12 View : Mountain view, Valley view, View (panoramic) Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 1 Cooling : Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : Insert
    Floor Space : - Flooring : Carpeted, Laminate, Vinyl Foundation Type : -
    Heating Fuel : - Heating Type : Hot Water, See remarks Roof Style : Unknown
    Roofing Material : Other Sewer : See remarks, Septic tank Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement Bedroom 11'0'' x 9'
    Bedroom 13'6'' x 12'0''
    Full bathroom 11'6''
    Kitchen 11'6'' x 10'
    Living room 19'6'' x 12'0''
    Recreation room 14'0'' x 12'0''
    Storage 7'0'' x 5'
    Utility room 5'6'' x 12'0''
    Main level 2pc Bathroom Measurements not available
    Bedroom 13'0'' x 10'0''
    Dining room 13'0'' x 12'0''
    Full bathroom 13'0'' x 5'0''
    Kitchen 15'0'' x 12'0''
    Living room 19'6'' x 13'0''
    Primary Bedroom 15'0'' x 11'0''
    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.