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5973 Pleasant Valley Road

North BX, Vernon, BC, V1B3L6

Listed by Oakwyn Realty Okanagan-Letnick Estates

$2,395,000

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  • 4 bedrooms
  • 3 bathrooms
  • 12 parking
  • 2700 sq ft

Listed 57 days ago · MLS® 10398660

About this home

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:66966)

Details

Type
Detached
Style
Ranch
Size
2700 sq ft
Basement
Full
Garage
Garage
Property tax
$1,985
Neighbourhood
North BX
Municipality
Vernon

Interior

Fireplace
Insert
Flooring
Laminate, Carpeted, Vinyl

Heating, cooling and services

Heating
See remarks, Hot Water
Air conditioning
Wall unit
Water and sewer
Septic tank, See remarks

Building and exterior

Style
Ranch
Year built
1976
Outdoor
Wood siding

Parking

Total parking
12
Driveway and parking
Attached Garage

Rooms

RoomLevelSizeFeatures
2pc BathroomMain level
StorageBasement5' x 7'0''
BedroomBasement9' x 11'0''
Recreation roomBasement12'0'' x 14'0''
Utility roomBasement12'0'' x 5'6''
BedroomBasement12'0'' x 13'6''
Full bathroomBasement11'6''
KitchenBasement10' x 11'6''
Living roomBasement12'0'' x 19'6''
Living roomMain level13'0'' x 19'6''
Dining roomMain level12'0'' x 13'0''
KitchenMain level12'0'' x 15'0''
Full bathroomMain level5'0'' x 13'0''
BedroomMain level10'0'' x 13'0''
Primary BedroomMain level11'0'' x 15'0''

Location

Location is approximate. See nearby homes on the map

Listed by Oakwyn Realty Okanagan-Letnick Estates.

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