Lake Country, BC V4V1G2,12349 Lake Hill Drive
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$2,999,913
Est. payment /mo
5 Beds
3 Baths
4,080 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $735

Subdivision Lake Country North West

MLS® Listing ID 10362113

Style Split level entry

Bedrooms 5

Year Built 1989

Lot Size 5.560 Acres

Acres 5.56

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Rare Development Opportunity in the Heart of Lake Country Situated in the prestigious community of The Lakes, this 5.56-acre parcel represents one of the most exciting development opportunities in Lake Country. Subdivision plans have been prepared for a 14-lot bare land strata development, with an application already submitted to the district, offering strong future opportunities for both developers and investors. The property's gentle topography means minimized site work, keeping development costs efficient. RU1 zoning provides flexibility to build either single-family homes or full duplexes across the 14 lots, maximizing long-term value. With panoramic lake and valley views spanning the entire parcel and very few new lots available in this sought-after area, demand is expected to be strong. An existing 4000+ sq.ft., 5-bedroom home with an inground pool adds immediate value, offering rental income while subdivision plans progress. Inside, vaulted ceilings, expansive windows, and spacious living areas showcase the home's charm and highlight its Okanagan views. There is also a separate entrance downstairs allowing for the opportunity to create an in-law suite. The location is truly unbeatable — minutes from schools, beaches, wineries, golf courses, shopping, and Kelowna International Airport. This is a rare opportunity to secure land in one of the Okanagan's fastest-growing communities, with both immediate value and exceptional long-term development potential. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Extra Room 1 Second level 12'9'' x 4'4'' Other

Extra Room 2 Second level 14'11'' x 20'1'' Primary Bedroom

Extra Room 3 Second level 14'11'' x 12'2'' Bedroom

Extra Room 4 Second level 8'1'' x 5'11'' 3pc Ensuite bath

Extra Room 5 Lower level 9'10'' x 18'9'' Utility room

Extra Room 6 Lower level 9'10'' x 10' Storage

Interior

Heating Baseboard heaters, , See remarks

Cooling Wall unit, Window air conditioner

Flooring Hardwood, Tile

Fireplaces Number 2

Fireplaces Type Conventional

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

Community Features Family Oriented

View Y/N Yes

View Lake view, Mountain view, View (panoramic)

Roof Type Unknown

Total Parking Spaces 12

Private Pool Yes

Building

Story 1.5

Sewer Municipal sewage system

Architectural Style Split level entry

Others

Ownership Freehold

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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

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12349 Lake Hill Drive