3830 Gellatly Road South West Kelowna, BC V4T 2K6
Listing Courtesy of:  CREA / Listed By: Oakwyn Realty Okanagan

  3830 Gellatly Road South West Kelowna, BC V4T 2K6

Active (284 Days)
$1,790,000 (CAD)

Description

Attention Investors! Here's a golden opportunity—a 0.85-acre property with Development Permits for 20 lake-view townhouses, along with valuable city DCC credits earmarked for road frontage enhancements. Everything is set for a savvy investor to step in and capitalize. Not keen on townhouses? No worries! The Official Community Plan (OCP) designates this land as MDR, Medium Density Residential. Furthermore, the $3,500 monthly rent from this well-maintained house can offset mortgage expenses. The location couldn't be better. Within a 5-minute drive, you'll find yourself at the beach or the shopping center. And in just 10 minutes, you can be indulging in the wines of the Okanagan. Situated adjacent to the new and burgeoning community Shorerise, this spot is becoming one of the most sought-after in West Kelowna. Don't delay—seize this promising opportunity today! (id:41440)

MLS®:
10369416
Taxes
$5,973
Lot Size
0.85 acres
Type
Land
Views
Lake View, Mountain View
County
Central Okanagan

Listed By

Ivy Li, Oakwyn Realty Okanagan
Source
CREA
Last checked Aug 28 2026 at 10:43 PM EDT
Bathroom Details
Lot Information
  • Irregular Lot Size
Utility Information
  • Sewer: Municipal Sewage System

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 24, 2026
Price Changed
$1,790,000
-5%
-$100,000
Aug 13, 2026
Price Changed
$1,890,000
-10%
-$210,000
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/28/26 15:43