Acreage
5973 Pleasant Valley Road
North BX, Vernon, BC
MLS® 10398660 · 15 days on market
$2,395,000
2.5 acres
4 bed · 3.1 bath · 2,700 sqft
Description
DEVELOPER ALERT! Rare development opportunity in the Swan Lake area. OCP-designated for Future Residential, this property offers strong potential for medium-density townhomes/row housing, with possible single-family subdivision or bare land strata (subject to approval; buyer to verify with applicable authorities). Draft OCP approval for higher-density zoning is pending. NOT IN THE ALR, a rare find. Historically an orchard, now a working hay field, offering holding income while you navigate development. Potential for land assembly with the neighboring parcel for approx. 5 acres total. The North Okanagan Water Recovery Project (NOWRP) is under construction, bringing community sewer to Swan Lake, commissioning fall 2027, fully operational by early 2028. This $49.6M project is a major investment in regional infrastructure and future housing. 2-min walk to Walmart via fenced path, 3 min to major shopping, 10 min to downtown Vernon. The home offers immediate rental value, in excellent condition and rentable as-is. Two fireplaces (electric upstairs, working; cast iron downstairs, not used/not certified). Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink. Sellers open to month-to-month rent-back for flexibility during your development process. Land with future upside, generating rental income today. (id:63159)
Property Details
Property & Lot
- Sub-type
- House
- Style
- Ranch
- Year built
- 1976
- Stories
- 2
- Lot size
- 2.5 acres
- Frontage
- 280 feet
- Title
- Freehold
Interior
- Basement
- Full
- Heating
- See remarks, Hot Water
- Cooling / A/C
- Wall unit
- Flooring
- Laminate, Carpeted, Vinyl
- Fireplace
- 1 — Insert
Exterior & Land
- Exterior features
- Wood siding
- View
- Mountain view, Valley view, View (panoramic)
Building & Utilities
- Roof
- Other, Unknown
- Water source
- Municipal water
- Sewer
- Septic tank, See remarks
- Parking spaces
- 12
- Parking type
- Attached Garage
- Parcel ID (PID)
- 007-239-017
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 2pc Bathroom | Main level | — |
| Storage | Basement | 5' x 7'0'' |
| Bedroom | Basement | 9' x 11'0'' |
| Recreation room | Basement | 12'0'' x 14'0'' |
| Utility room | Basement | 12'0'' x 5'6'' |
| Bedroom | Basement | 12'0'' x 13'6'' |
| Full bathroom | Basement | 11'6'' |
| Kitchen | Basement | 10' x 11'6'' |
| Living room | Basement | 12'0'' x 19'6'' |
| Living room | Main level | 13'0'' x 19'6'' |
| Dining room | Main level | 12'0'' x 13'0'' |
| Kitchen | Main level | 12'0'' x 15'0'' |
| Full bathroom | Main level | 5'0'' x 13'0'' |
| Bedroom | Main level | 10'0'' x 13'0'' |
| Primary Bedroom | Main level | 11'0'' x 15'0'' |
- Annual property tax
- $1,985
- Brokerage
- Oakwyn Realty Okanagan-Letnick Estates
Location Insights
Population
44,519
(2021 Census)
+11% since 2016
- Density
- 461.7/km²
- Dwellings
- 21,287
- Median household income
- $73,500
- After-tax
- $66,500
- Immigrant population
- 12.4%
Top countries of origin
- United Kingdom2.3% · 1,030
- Germany1.2% · 550
- United States of America1% · 450
- India0.8% · 355
- Philippines0.7% · 315
- Netherlands0.6% · 270
- Poland0.3% · 150
- South Africa, Republic of0.3% · 125
Source: Statistics Canada, 2021 Census of Population.
Weather
25°C
—
Humidity 30%
Wind W 5 km/h
Today
26°
Tonight
14°
Thursday
22°
Thursday night
7°
Friday
21°
Friday night
9°
Source: Environment and Climate Change Canada.
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