3551 Scott Road Kelowna, BC V1W 3H5
Listing Courtesy of:  CREA / Coldwell Banker Horizon Realty / Dawson Yates

  3551 Scott Road Kelowna, BC V1W 3H5

Active (19 Days)
$1,839,000
5
BED
3
BATH
2,975
SQFT

Description

Prime Development (5plex or 2 lot subdivision) or Holding Opportunity in Lower Mission Discover the endless potential with this 0.4-acre flat lot, measuring 104 x 168 feet, located in one of the most sought-after residential neighbourhoods in the Lower Mission. This prime property offers an incredible opportunity for development or as a holding investment. Centrally located, you'll be just minutes away from Lake Okanagan, stunning beaches, highly regarded schools, and a variety of shopping and amenities. The current home features a spacious 3-bedroom layout on the upper level, complemented by a lower-level in-law suite—ideal for extended family or rental income. The property offers fantastic flexibility for those looking to either develop or renovate. The City of Kelowna has indicated strong support for development options, including the potential to build 5 townhomes or to subdivide the lot, allowing for a single-family home plus a duplex. The lot is also large enough to facilitate a rezoning to MF1 (Multi-Family Low Density). Interested buyers are highly recommended to conduct their own due diligence with the city to explore these exciting possibilities further. 5plex and detached/attached development available on request. (id:41440)

MLS®:
10339104
Lot Size
0.4 acres
Type
Single-Family Home
Year Built
1974
County
Central Okanagan

Listed By

Dawson Yates, Coldwell Banker Horizon Realty
Source
CREA
Last checked Apr 3 2025 at 3:44 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Lot Information
  • Private Setting
  • Level Lot
  • One Balcony
Heating and Cooling
  • See Remarks
  • Forced Air
  • Electric
  • Central Air Conditioning
Basement Information
  • Full
Flooring
  • Laminate
  • Carpeted
Exterior Features
  • Stucco
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 5
  • See Remarks
  • Attached Garage
Stories
  • 2
Living Area
  • 2,975 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 27, 2025
Price Changed
$1,839,000
-1%
-11,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 4/2/25 20:44