5973 Pleasant Valley Road Vernon, British Columbia V1B 3L6

4 Bedroom 3 Bathroom 2,700 sqft
Ranch Fireplace Wall Unit Hot Water, See Remarks Acreage

$2,395,000

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:66754)

Property Details

MLS® Number 10398660
Property Type Single Family
Neigbourhood North BX
Parking Space Total 12
View Type Mountain View, Valley View, View (panoramic)

Building

Bathroom Total 3
Bedrooms Total 4
Architectural Style Ranch
Basement Type Full
Constructed Date 1976
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Wood Siding
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Insert
Flooring Type Carpeted, Laminate, Vinyl
Half Bath Total 1
Heating Type Hot Water, See Remarks
Roof Material Other
Roof Style Unknown
Stories Total 2
Size Interior 2,700 Sqft
Type House
Utility Water Municipal Water

Parking

Attached Garage 2

Land

Acreage Yes
Sewer See Remarks, Septic Tank
Size Frontage 280 Ft
Size Irregular 2.49
Size Total 2.49 Ac|1 - 5 Acres
Size Total Text 2.49 Ac|1 - 5 Acres

Rooms

Level Type Dimensions
Basement Storage 7'0'' x 5'
Basement Bedroom 11'0'' x 9'
Basement Recreation Room 14'0'' x 12'0''
Basement Utility Room 5'6'' x 12'0''
Basement Bedroom 13'6'' x 12'0''
Basement Full Bathroom 11'6''
Basement Kitchen 11'6'' x 10'
Basement Living Room 19'6'' x 12'0''
Main Level 2pc Bathroom Measurements not available
Main Level Living Room 19'6'' x 13'0''
Main Level Dining Room 13'0'' x 12'0''
Main Level Kitchen 15'0'' x 12'0''
Main Level Full Bathroom 13'0'' x 5'0''
Main Level Bedroom 13'0'' x 10'0''
Main Level Primary Bedroom 15'0'' x 11'0''

https://www.realtor.ca/real-estate/30196159/5973-pleasant-valley-road-vernon-north-bx

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