50 Banks Road | $2,400,000
Ho Nguyen Prec* Agent Photo
Ho
Nguyen Prec*
ROYAL LEPAGE KELOWNA
#1 - 1890 Cooper Road
Kelowna, BC
Canada V1Y 8B7

Details

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Years (35 year max)
Years



Address 50 Banks Road
AreaNorth Okanagan
Sub AreaON - Okanagan North
State/ProvinceBritish Columbia
CountryCanada
Price$2,400,000
Property TypeResidential Acreage
Lot Size169.00 Acres
WaterfrontNo
Taxes $2,804
Tax Year2023
MLS® #10305921

Rare opportunity to secure 169 acres of your own Okanagan Estate in one of the last remaining undeveloped freehold areas of the valley! Nestled in the hills of the North Westside of Vernon with stunning views of Okanagan Lake and surrounding countryside, this property offers numerous potential opportunities for the astute investor. Rolling terrain with peaks, valleys and fields with a variety of development options. The private 7 acre pond is a wildlife sanctuary. 10-20+ quality building sites with stunning panoramic views. Two ephemeral creeks running spring through midsummer. This holding is extremely private while maintaining access to services to nearby Kelowna and Vernon. Situated within a very unique biogeoclimatic zone of BC. Outside of the ALR but plenty of suitable land for a range of agricultural activities. Given the mild Okanagan climate you could do anything from certain fruits and vegetables, pasture or range cattle. With the correct varietal selection one might even consider an Ice wine plantation in the mix. Two separate titles 88.1 and 80.8 acres. Massive 30x50 fully wired shop, 60' two bedroom mobile home and off-grid rustic cabin on site. Potential to subdivide. This is truly a one-of-a-kind Okanagan Estate. For the right buyer it provides potential for both a source of leisure activities as well as business income if development investments are made.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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