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  5. 11530 Turtle Bay Court - MLS® #10365456

LAKE COUNTRY

Lake Country is a district municipality located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, and outdoor recreational opportunities, Lake Country is a popular destination for both residents and vacationers.

The real estate market in Lake Country offers a mix of single-family homes, townhouses, and condos. Prices are relatively affordable compared to other major Canadian cities. The district also has a good mix of older and new homes; many properties feature stunning views of the surrounding mountains, Okanagan lake, and Wood lake. The district boasts a small-town charm, with a good mix of amenities such as shops, restaurants, and schools. The district is also surrounded by many orchards and vineyards, giving the district a unique rural-urban balance.

Outdoor enthusiasts can also enjoy hiking, biking in the nearby mountains, and skiing at the Big White Ski Resort. Visitors can enjoy swimming, boating, and watersports on Okanagan Lake and Wood lake, which are surrounded by several beaches and parks. The district is also surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort. Lake Country also boasts a rich agricultural scene with several orchards, vineyards, and farmers' markets that offer fresh local produce and products. The district also has a small-town charm, with a good mix of amenities such as shops, restaurants, and galleries. It also hosts several events and festivals throughout the year and offers scenic drives and beautiful views of the lake and mountains.

$2,499,000
11530 Turtle Bay Court - MLS® # 10365456

Description

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:2469)

Features

Cul-de-sac

Amenities

Public Transit, Airport, Park, Recreation, Shopping

Listing Provided By

eXp Realty (Kelowna)

Neighborhood Info

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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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Property Details

Living Area
2,000 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.61 ac|under 1 acre
Taxes
N/A
Type
Other
Style
N/A
Basement
Year Built
1992
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave W
  • Penticton, BC
  • V2A 2A9

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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