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
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 |
Length |
Width |
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