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Mathieu Bedard

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

$ 2,395,000

Est. payment -/mo

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New

5973 Pleasant Valley Road Vernon, BC V1B3L6

4 Beds

3 Baths

2,700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2700

Square Footage 2,700 sqft

Price per Sqft $887

Subdivision North Bx

MLS® Listing ID 10398660

Style Ranch

Bedrooms 4

Half Baths 1

Year Built 1976

Lot Size 2.490 Acres

Acres 2.49

Property Sub-Type Freehold

Property 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:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Basement 7'0'' x 5' Storage

Extra Room 2 Basement 11'0'' x 9' Bedroom

Extra Room 3 Basement 14'0'' x 12'0'' Recreation room

Extra Room 4 Basement 5'6'' x 12'0'' Utility room

Extra Room 5 Basement 13'6'' x 12'0'' Bedroom

Extra Room 6 Basement 11'6'' Full bathroom

Interior

Heating Hot Water, See remarks

Cooling Wall unit

Flooring Carpeted, Laminate, Vinyl

Fireplaces Number 1

Fireplaces Type Insert

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

View Y/N Yes

View Mountain view, Valley view, View (panoramic)

Roof Type Unknown

Attached Garage Yes

Total Parking Spaces 12

Garage Yes

Private Pool No

Building

Story 2

Sewer See remarks, Septic tank

Architectural Style Ranch

Others

Ownership Freehold

Listed by Oakwyn Realty Okanagan-Letnick Estates

NEARBY SCHOOL & BUSINESS

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Mathieu Bedard

Agent / Team Leader License ID: 1240875

+1(250) 801-9700

Mathieu Bedard

5973 Pleasant Valley Road Vernon, BC V1B3L6

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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5973 Pleasant Valley Road