Space
Finished area and layout
- Living Area
- 2,700 sqft
- Bedrooms
- 4
- Bathrooms
- 3





Property Snapshot
MLS #10398705
Finished area and layout
Type, style and structure
This 4-bedroom, 3-bathroom single family in Vernon offers 2,700 sqft of living area on a 2.49 ac lot. Built in 1976, 2 storeys. The property has lot dimensions of 2.49. The home features laminate and carpeted and vinyl flooring, see remarks, hot water heating, wall unit, a full basement, a fireplace.
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:60351)
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Land, frontage and setting
Price, taxes and monthly charges
Listed by JP Letnick, Oakwyn Realty Okanagan-Letnick Estates
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Listed by JP Letnick, Oakwyn Realty Okanagan-Letnick Estates · MLS# 10398705
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