Address
5973 Pleasant Valley Road, Vernon, BC
Price
$ 2,395,000
Property Attributes
  • ID#10398660
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityVernon
  • CityVernon
  • NeighbourhoodNorth BX
  • Postal CodeV1B 3L6
  • StyleSingle Family Dwelling
  • Year Built1976
  • Price$ 2,395,000
  • Bedrooms4
  • Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2700
  • Lot Size2.49 Acres
Data Source:
RLP - CREA EN
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.

General Features

Terms SALE
Neighbourhood North BX
Construction Style Detached
Property Sub Type Single Family
jumpId 29052462
Property Subtype French Single Family Dwelling
Listing Type French House
MLS 10398660
Architectural Style Rancher
Building Type House
Property Type Single Family
Sewer See Remarks, Septic tank

Interior Features

Fireplace yes
Living Area Range 2700 sqft
Bedrooms 4
Basement Type Full
Cooling Type Wall unit
Beds 4
Total Baths 2+1
Total Baths 2+1
Total Half Baths 1

Exterior Features

Exterior Finish Wood siding
Parking Type Attached garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V1B 3L6

Price
AVG $2.4M
$2.4M
Year Built
AVG 1976
1976

Your Agent

Ben Lim

Real Estate Agent

250-258-6683

Listed By
JP Letnick with Oakwyn Realty Okanagan-Letnick Estates ; Joanna Wang