KELOWNA

Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Kelowna has become a popular destination for tourists and residents.

The real estate market in Kelowna has been steadily growing, with a mix of single-family homes, townhouses, and condos available. Prices have risen recently, but the market remains relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort.

Kelowna also boasts a rich cultural scene with several museums and art galleries and hosts events and festivals throughout the year.

Description

Outstanding investment opportunity in one of Kelowna’s most desirable rural settings! This 46.91-acre property consists of two contiguous parcels combining a productive cherry orchard and the well-established Peace Valley Mobile Home Park, all located within the ALR. The lower portion features the Peace Valley Mobile Home Park, offering 35 rental pads with potential to increase rents to current market levels of $575–$600/month—equating to over $21,000 per month of consistent income. Added revenue potential from nine nightly RV pads and an on-site storage facility serving park residents. potential of $2,400/month, or perfect for an owner/operator residence. The elevated upper property provides breathtaking panoramic views of Gallagher’s Canyon, Black Mountain, and Mission Creek—and includes a prime building site for your dream home. With multiple income streams, strong agricultural potential, and exceptional location in South East Kelowna, this property is truly a one-of-a-kind investment opportunity. It is priced to sell. The upper portion, cherry orchard There’s also opportunity for a lease or trade arrangement, with flexible closing options after cherry crop season (subject to deposit). (id:2469)

Listing Provided By

CIR Realty

Neighborhood Info

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Property Details

Living Area
970 sqft.
Bedrooms
2
Bathroom
1
Lot Size Area
46.91 ac|10 - 50 acres
Taxes
N/A
Type
Other
Style
Bungalow
Basement
Year Built
1965
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave W
  • Penticton, BC
  • V2A 2A9