| Full Description: Looking for an exclusive property to build your dream home on and/or a lucrative investment opportunity?
PLOT OF LAND
This unique building site might represent the end of your search. Different buying options are available to meet your personal needs.
The property with its spectacular Lake & Valley views is nestled in the quiet rural outskirts of the City of Vernon, promising the privacy and exclusivity you are looking for without compromising the conveniences offered by urban proximity.
Located on a hill top 5km north east of downtown Vernon and a short 10 minute drive to the City Centre it comprises a subdivision (38.28 acres), including 7 building lots, and a parcel (65.70 acres) with subdivision potential (12 building lots) if desired, whereas the subdivision and the parcel can be bought separately as well.
The limited supply of residential acreages in highly desirable locations in the Okanagan makes this lot a rare opportunity for building your Lake & Valley View dream home and enjoying the Okanagan lifestyle, next to investing in a property with guaranteed appreciation over the years to come.
The carefully planned lots of the subdivision, as well as the parcel are just minutes from Silverstar Ski Resort and Predator Ridge Golf Course. Adjacent to Crown Land, the property provides owners with immediate access to kilometres of mountain trails in peaceful, natural landscape.
Description of Subdivision
The zoning is country residential and each lot has lake as well as valley view. Moreover the area has excellent quality water resources, providing each lot with its own well water system. This will give the owner the peace of mind not to have to rely on an already overloaded City community water system. Every lot is designed to have its own on-site septic field and can be accessed by a newly constructed paved road.
Description of Parcel
The parcel has the potential for subdivision into 12 building lots or to be used as spacious and exclusive site to build your dream home on and live the lifestyle you have always dreamed of. The natural setting ensures your privacy and your own unique vision creates the opportunity to build not just a house, but a home. If you are interested, building plans for a European inspired estate featuring your own spa, vine cellar, landscape design and even heliport, exclusively designed for this property by a European architect, can be obtained as well. Start building your dream home today and enjoy one of the best Lake and Valley views the Okanagan has to offer.
BUYING OPTIONS
Subdivision 38.28 acres CAD 2,190.000*
Parcel 65.70 acres CAD 1,140.000*
Total 104 acres CAD 3,330.000*
* Price according to appraised value in 2008 (Please note the fall in price and therefore extremely low price at that time and that property prices again started to rise substantially after the middle of 2009!)
We are willing to offer a special price of 3,050.000 when buying the subdivision as well as the parcel. A detailled site plan is available on request.
LOCATION - SURROUNDINGS
The North Okanagan region is situated between three lakes in the northern area of the Okanagan Valley basin, British Columbia, Canada, approximately 5 hours northeast of Vancouver BC. The four season playground of the North Okanagan is favoured by climate and its remarkable natural beauty, offering endless attractions and outdoor adventures to discover.
The valley is recognized for its majestic mountains, refreshing waters, lush vineyards, world-class golf and skiing and one of the most enviable climates in Canada. This makes Vernon, a city of approximately 35,000 residents, a popular choice among visitors, immigrants and other Canadians who are relocating or retiring. In 2005, Vernon was even ranked as one of the top six most desirable communities to retire to in North America by Consumer Reports.
Not only does the North Okanagan Valley have spectacular natural beauty, abundant recreational opportunities and an excellent quality of lifestyle but it also offers new businesses and investors a dynamic and growing economy.
Next to enjoying the "Okanagan lifestyle" with over 2000 hours of sunshine a year, the Greater Vernon region is also scoring with its thriving economy and its reputation as one of the best places to invest in Canada. Vernon has been cited as "A Town that Works". Towns that Work share one key quality - they adapt to change. These towns are determined to pull in, create and support new businesses and people who live in them are genuinely eager to get involved in community development. The industrial base of the North Okanagan is very diverse with traditional industries transforming their products and services to meet the need of the global economy and new emerging industries finding rapid growth markets. The average home value in the City of Vernon for example has increased by 96% since 2001, primarily due to Vernon BC becoming the Okanagan Valley's most desirable city to relocate to. Therefore it is not surprising that the city is always growing a few percentage points faster than the provincial average.
New and exciting developments in the area as for example the $ 100 million Sparkling Hill Resort of Swarovski testify the confidence that businesses have in the future potential of the city of Vernon and do also contribute to the quality of life of the people choosing Vernon as their hometown.
This unique combination of business and lifestyle opportunities makes Vernon the place to be whatever your future plans are offering plenty of opportunities for ambitious business people, raising your kids in a safe and inspiring environment, or for a fulfilled retirement
CONTACT
We are looking forward to assist you if you do have any further questions about the property or require more pictures, detailed plans etc. and will be happy to discuss with you your future home or investment plans. Please contact us via email or phone (+1/250 545 7060).
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