Address
111 Morningside Drive, West Kelowna, BC
Price
$ 4,900,000
Property Attributes
  • ID#10302195
  • TypeLand
  • CityWest Kelowna
  • NeighbourhoodGlenrosa
  • Postal CodeV4T 0B1
  • Style
  • Price$ 4,900,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size3.85 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Real Estate development opportunity to acquire ""The Trails"" site for 49 luxury unit multi family site in The Trails Development. Complete with conceptual drawings/plans for 3 high end 8-plex stacked buildings and 25 multi-family homes which offer sun decks, private elevators and 180 degree unobstructed lake and valley views. Significantly higher density can be achieved. The lot is located in the prestigious ""The Trails"" subdivision off Morningside Dr, cul de sac location. Roads, infrastructure and Development Permit in place. Other design plans permitted but subject to ""The Trails""approval. Services available, sewer, water, electricity and gas. Whether it’s exploring the vast trail systems for walking, hiking and biking, taking advantage of the nearby waterfront and beaches, golf courses or wineries, The Trails offers the perfect setting and lifestyle. Contact us today! (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. (id:7434)

General Features

Road Type Paved road
Property Type Vacant Land
ZoningType Residential
Neighbourhood Glenrosa
Building Type Other
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Exterior Features

ViewType Lake view,Mountain view,Valley view
Land Current Use Development residential
Sewer Municipal sewage system

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 Land Average in V4T 0B1

Price
AVG $1.58M
$4.9M
Visits
AVG 176
170
Data Provided by Inside Real Estate®