KELOWNA

Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Kelowna has become a popular destination for tourists and residents.

The real estate market in Kelowna has been steadily growing, with a mix of single-family homes, townhouses, and condos available. Prices have risen recently, but the market remains relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort.

Kelowna also boasts a rich cultural scene with several museums and art galleries and hosts events and festivals throughout the year.

Description

Investor Alert! Approximately 47 acres of prime agricultural land in South East Kelowna, comprising two contiguous rural residential properties within the ALR. This includes a leased 18-acre cherry orchard and the Peace Valley Mobile Home Park. Located atop Bemrose and Senger Roads, the property offers sweeping views of Gallagher’s Canyon, Black Mountain, and Mission Creek. The two parcels can function as one unit or be bifurcated with a lot line adjustment. The orchard, which is maturing toward full production, is leased until 2031. Buyers who take over the existing lease will receive an approximate $200,000 rebate off the sale price. Additionally, the Peace Valley Mobile Home Park has 35 rental pads, with potential monthly income of over $20,000 once pad rents are adjusted to current market rates of $575–$600 per month. The Senger Road parcel also features a renovated two-bedroom home with a workshop, offering a market rental potential of $2,000 per month. Current owner resides in a self-contained unit at 3842 Bemrose Road. This property offers an excellent blend of agricultural potential and steady rental income, making it an ideal business or ""gentleman farmer"" lifestyle opportunity. The land is suitable for a productive orchard or vineyard, with a detached home perfect for an owner/operator. Located in sought-after South East Kelowna, it combines a peaceful setting with proximity to amenities. Inquire today—this unique and fantastic investment won’t last long! (id:2469)

Listing Provided By

CIR Realty

Neighborhood Info

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Property Details

Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
46.91 ac|10 - 50 acres
Taxes
N/A
Type
Other
Style
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Basement
Year Built
N/A
Real Estate Listing
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  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9