$1,100,000 | Okanagan Landing Vernon for Sale at 5565 Okanagan Landing Road Vernon

Explore 5565 Okanagan Landing Road, a Desirable Okanagan Landing home for sale for $1,100,000! This Okanagan Landing Bungalow for sale in Vernon has been listed on Real-Estate.ca for 77 days under MLS® #10395031. It has had a $50,000 price change under this MLS#. This home is a 1,630 square foot Bungalow Single Family built in 1964 with 3 bedrooms and 1.00 bathrooms. Explore the Vernon real estate market and available Okanagan Landing homes for sale!

Outstanding investment and redevelopment opportunity on approximately 0.55 acres with Medium Scale Housing zoning, offering excellent potential for a 32-unit apartment development (buyer to verify development plans with the City of Vernon).The property includes a well-maintained 3-bedroom home currently rented for $2,600 per month to clean, reliable tenants, providing immediate cash flow while development plans are finalized. This is an ideal holding property for developers and investors looking to generate income throughout the planning process. Strategically located on Okanagan Landing Road, the property is just minutes from Okanagan Lake, schools, parks, shopping, public transit, and downtown Vernon. Positioned within one of Vernon's fastest-growing areas, this site benefits from strong demand for higher-density housing and excellent access to amenities. Whether you're an experienced developer or an investor seeking a high-potential land holding, this property offers an exceptional opportunity to secure a Medium Scale Housing development site with existing rental income in a highly desirable location. (id:6289)

Okanagan Landing Map, Demographics, Characteristics