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Home BC Greater Vernon North Okanagan B
50 Banks Road
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50 Banks Road $1,999,990
6 days ago
$1,999,990
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50 Banks Road
Vernon, British Columbia V1H2G7

MLS® Number: 10343764

Listing Description

Rare opportunity to secure 169 acres of your own Okanagan Estate in one of the last remaining undeveloped freehold areas of the valley! Nestled in the hills of the North Westside of Vernon with stunning views of Okanagan Lake and surrounding countryside, this property offers numerous potential opportunities for the astute investor. Rolling terrain with peaks, valleys and fields with a variety of development options. The private 7 acre pond is a wildlife sanctuary. 10-20+ quality building sites with stunning panoramic views. Two ephemeral creeks running spring through midsummer. This holding is extremely private while maintaining access to services to nearby Kelowna and Vernon. Situated within a very unique biogeoclimatic zone of BC. Outside of the ALR but plenty of suitable land for a range of agricultural activities. Given the mild Okanagan climate you could do anything from certain fruits and vegetables, pasture or range cattle. With the correct varietal selection one might even consider an Ice wine plantation in the mix. Two separate titles 88.1 and 80.8 acres. Massive 30x50 fully wired shop, 60' two bedroom mobile home and off-grid rustic cabin on site. Potential to subdivide. This is truly a one-of-a-kind Okanagan Estate. For the right buyer it provides potential for both a source of leisure activities as well as business income if development investments are made. (38520506)

Property Summary

Property Type
Vacant Land
Building Type
Other
Neighbourhood Name
Okanagan North
Title
Freehold
Land Size
169 ac|100+ acres
Annual Property Taxes
$2,804.39
Time on REALTOR.ca
6 days

Price and Sale History

Date Status Price
Dec 14, 2012 Sale Closed $325,000

Building

Building Features
Features
Irregular lot size
Utilities
Utility Type
Cable (At Lot Line), Electricity (Available), Natural Gas (Not Available), Telephone (At Lot Line), Water (Available)
Utility Sewer
No sewage system, Septic tank
Water
Well

Land

Lot Features
Frontage
2600 ft
Road Type
Gravel road
View
Lake view, Mountain view, Valley view, View (panoramic)
Other Property Information
Zoning Type
Unknown
Waterfront Features
Surface Water
Ponds, Creek or Stream
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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