Investor & Developer Alert! Prime UC5 Redevelopment Opportunity in Kelowna South. This 0.25-acre flat lot with laneway access is ideally located on a quiet cul-de-sac in one of Kelowna's most sought-after redevelopment areas. Zoned UC5, the property offers excellent potential for a fourplex, townhouse development, or low-rise apartment (subject to City of Kelowna approvals and lot size requirements). Just a 10-minute walk to schools, beaches, parks, shopping, and everyday amenities, the location is ideal for future residential development and highly desirable for tenants or owners alike. The existing 4-bedroom, 2-bathroom home provides strong holding or rental income while development plans are explored. The functional layout features two bedrooms on the main floor, plus two additional bedrooms and a spacious flex/great room in the basement, offering excellent flexibility for families, multi-generational living, or rental use. With strong redevelopment potential, a premium central location, and an existing home that can generate income, this property is an outstanding opportunity for investors, builders, and developers looking to capitalize on Kelowna South's continued growth. As an added bonus, the mature yard includes cherries, apples, pears, purple and golden plums, multiple varieties of grapes, and winter melon, creating a unique setting while you plan your next project. Give us a call today. (id:4069)
Address
766 Coopland Crescent
List Price
$969,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
4
Bathrooms
2
Floor Area
2,340 Sq. Ft.
Lot Size
0.25 Sq. Ft.
Frontage Length
49 ft
Year Built
1974
MLS® Number
10394163
Listing Brokerage
Coldwell Banker Horizon Realty
Basement Area
Partial
Postal Code
V1Y2V1
Ownership
Freehold
Parking Places (Total)
2
Site Influences
Park, Schools
Features
Cul-de-sac, Level lot, Irregular lot size
Appliances
Refrigerator, Dishwasher, Dryer, Oven - Electric, Washer
Heat Type
Forced air, See remarks
Cooling Features
Central air conditioning
Fireplace
Yes
Number of Fireplaces
2
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
