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111 Morningside Drive
Glenrosa West Kelowna V4T 0B1

$4,900,000
Vacant Land

Main Photo: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 1: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 2: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 3: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 4: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 5: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 6: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Photo 7: 111 Morningside Drive in West Kelowna: Vacant Land for sale : MLS®# 10302195
Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
10302195
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:2493)
Property Type:
Vacant Land
Transaction Type:
For sale
Lease Term:
Unknown
Ownership Type:
Freehold
Community:
Glenrosa
View:
Lake view, Mountain view, Valley view
Building Type:
Other
Utilities:
Cable - Available, Electricity - Available, Natural Gas - Available, Telephone - Available, Sewer - Available, Water - Available
Half Bathrooms:
0
Fireplace:
No
Water:
Municipal water
Sewer:
Municipal sewage system
Current Use:
Development residential
Acreage:
Yes
Lot Size:
3.85 acre(s)
Lot Size:
3.85 ac|1 - 5 acres
Lot Details:
3.85
Road Surface:
Paved road
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Listed by RE/MAX Kelowna
Data was last updated March 3, 2024 at 08:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$400,000
Min list price:
$250,000
Max list price:
$4,950,000
Avg days on market:
55
Min days on market:
23
Max days on market:
633
These statistics are generated based on the current listing's property type and located in Glenrosa. Average values are derived using median calculations.
Sage Executive Group
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.