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Land For Sale at Lot 4 Lakeshore Road in Kelowna, British Columbia

4 Sale ID #178949
Updated 06 May 2024

Asking Price

$3,499,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

BUILD ON THE LAKE - Incredible Beachfront Residential Building Lot ~ Here is your piece of paradise, nestled into a natural amphitheatre located right on Okanagan Lake. This is one of the last lots available to build your Okanagan Dream Home, and it offers 4.354 acres of privacy in a rural setting, only minutes to town. This property is a rare gem that feels secluded and stunningly beautiful, right on the shores of Okanagan Lake. Give us a call to come and walk down the driveway and come have a look! It's easy to imagine your dock, your boat, and your water toys only steps away from your home, complete with huge windows and architecture to suit the beauty of nature around you. Set beside one of the Okanagan's largest parkland areas, there are miles of trails nearby in Okanagan Mountain Park for hiking and mountain biking, and you are right on the water for kayaking along the shore, jetskiing, boating, or simply relaxing and watching the sunset. Wonderful privacy, incredible views, and limited boat traffic, yet close to World Class wineries and amenities - this property will truly deliver the ultimate in beauty, peace and tranquility. Come and experience what the Okanagan is all about: Life On The Lake. Get in touch for your personal tour of the site, today. Listing video available. (id:39198)

  • MLS® : #10288206
  • Date Listed : 08 Nov 2023

Location

Province

British Columbia

City

Kelowna

Address

Lot 4 Lakeshore Road

Postal Code

V1W4J5

Location Highlights

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Listed by

Coldwell Banker Horizon Realty British Columbia listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,499,900

Asking Price

$3,499,900

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

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Market Competition

N/A


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