Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Single Family in Vernon
- 214
- 187
4 Bedrooms
3 Bathrooms- 2700 Sq Ft
Property Type
Single Family
Description
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:6769)
Property Details
Subarea
North BX
Lot
2.49
Year Built
1976
Sewer
See remarks,Septic tank
Flooring
Carpeted,Laminate,Vinyl
Parking Type
12
Rooms Dimension
| Room | Floor | Dimension |
|---|---|---|
| Storage | Basement | 7'0'' x 5' |
| Bedroom | Basement | 11'0'' x 9' |
| Recreation room | Basement | 14'0'' x 12'0'' |
| Utility room | Basement | 5'6'' x 12'0'' |
| Bedroom | Basement | 13'6'' x 12'0'' |
| Full bathroom | Basement | 11'6'' |
| Kitchen | Basement | 11'6'' x 10' |
| Living room | Basement | 19'6'' x 12'0'' |
| 2pc Bathroom | Main level | Measurements not available |
| Living room | Main level | 19'6'' x 13'0'' |
| Dining room | Main level | 13'0'' x 12'0'' |
| Kitchen | Main level | 15'0'' x 12'0'' |
| Full bathroom | Main level | 13'0'' x 5'0'' |
| Bedroom | Main level | 13'0'' x 10'0'' |
| Primary Bedroom | Main level | 15'0'' x 11'0'' |
Listing Agent
JP Letnick
(778) 363-1314
Brokerage
Oakwyn Realty Okanagan-Letnick Estates
(250) 861-5122
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. 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.
Listing data last updated date: 2026-08-26 03:01:39
