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Mathieu Bedard

mathieu.bedard@exprealty.com +1(250) 801-9700

$ 1,750,000

Est. payment -/mo

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11506 Turtle Bay Court Lake Country, BC V4V1X9

5 Beds

4 Baths

2,528 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2528

Square Footage 2,528 sqft

Price per Sqft $692

Subdivision Lake Country East / Oyama

MLS® Listing ID 10383447

Style Other

Bedrooms 5

Year Built 1993

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type Freehold

Property Description

Prime Development Opportunity – Boutique Hotel Site. Exceptional chance to acquire a fully rezoned (C9A Tourist Commercial) 0.62-acre corner lot in the heart of Lake Country, offering outstanding exposure with approximately 110 feet of frontage on Turtle Bay Court, 100 feet on Seymour Road, and 253 feet along Woodsdale Road, a prime corridor in this rapidly growing community. A completed feasibility study and renderings are available for a proposed four-storey, 28-unit boutique hotel, featuring a well-balanced unit mix of studio, one-bedroom, and two-bedroom suites, along with 28 open parking stalls. There is additional upside potential with the possibility to expand to six storeys, subject to variance and design modifications. The property is currently improved with a well-maintained 2,528 square foot home built in 1994, offering five bedrooms, four bathrooms, and a legal two-bedroom suite, providing excellent holding income potential. Ideally situated near Wood Lake and Kalamalka Lake with convenient access to Kelowna International Airport, UBC Okanagan, and key transportation routes, this location is well-positioned to support tourism and short-term accommodation demand, an area currently undersupplied in the region. Surrounded by ongoing multi-family development and a planned senior care facility next door, the neighbourhood is poised for significant growth. Zoning allows for a wide range of uses including hotels or motels, breweries and distilleries, food establishments, liquor stores, indoor recreation and entertainment, with secondary uses such as offices, personal services, and retail, making this a rare and versatile development opportunity in one of the Okanagan's fastest-growing markets. (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Second level 15'1'' x 11'1'' Primary Bedroom

Extra Room 2 Second level 14'6'' x 12'10'' Living room

Extra Room 3 Second level 10'3'' x 12'4'' Kitchen

Extra Room 4 Second level 9'5'' x 12'11'' Dining room

Extra Room 5 Second level 13'3'' x 10'5'' Dining room

Extra Room 6 Second level 15'2'' x 8'9'' Bedroom

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N Yes

View View (panoramic)

Roof Type Unknown

Attached Garage Yes

Total Parking Spaces 12

Garage Yes

Private Pool No

Building

Lot Description Landscaped, Level

Story 2

Sewer Municipal sewage system

Architectural Style Other

Others

Ownership Freehold

Listed by Sotheby's International Realty Canada

NEARBY SCHOOL & BUSINESS

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Mathieu Bedard

Agent / Team Leader | License ID: 1240875

+1(250) 801-9700

Mathieu Bedard

11506 Turtle Bay Court Lake Country, BC V4V1X9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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11506 Turtle Bay Court