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Home BC Greater Kelowna Kelowna Highway 97
2876 Appaloosa Road
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2876 Appaloosa Road $3,700,000
$3,700,000
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2876 Appaloosa Road
Kelowna, British Columbia V1V2G8

MLS® Number: 10311472

Listing Description

Approximately 1.75 acres currently zoned A2 with previous rezoning application process now on pause to rezone [subject to city approval] to ""I-2"" along with four other nearby properties.  The City of Kelowna has currently designated this properly as IND - Industrial in 2040 OCP and some similar properties to the West on Appaloosa have already successfully completed a rezoning to ""I-2"". Price is based on as is condition with the buyer responsible for all future costs of rezoning including without limitation all bonding, city fees, roadworks, civil, utility connections etc.  The current single-family home is rented for $3400 per month. In 2024, the City of Kelowna drafted a Servicing Agreement [available by request] which was not signed by all parties.  The City was issued the drawings for the road works required to be completed for the rezoning. City approval for these drawing are not received at this time.  Once a Servicing Agreement is signed by the property owners and the city and the the road work drawings are returned as approved by the City then the matter will be brought to city council for their consideration. Zoning will be subject to constructing all works and completing the land exchange with a proposed subdivision registration for the 2 end cul-de-sac lots. Shallow utility designs are not obtained at this time and will require further coordination with FortisBC, Shaw, Telus and Fortis Gas prior to construction. (37128596)

Property Summary

Property Type
Agriculture
Building Type
Other
Neighbourhood Name
North Glenmore
Title
Freehold
Land Size
1.75 ac|1 - 5 acres
Annual Property Taxes
$5,996
Time on REALTOR.ca
361 days

Price and Sale History

Date Status Price
Dec 13, 2010 Sale Closed $655,000
Jun 8, 2010 Sale Closed $599,000
Jun 10, 2002 Sale Closed $250,000
May 3, 1999 Sale Closed $215,000
Apr 23, 1996 Sale Closed $255,000

Building

Utilities
Utility Type
Cable (At Lot Line)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Present Use
Agriculture - active
Road Type
Paved road
Other Property Information
Zoning Type
Unknown
Farm Features
Farm Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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