178 Timberline Road
Kelowna
Update on 2023-07-04 10:05:04 AM
$5,999,000
4
BEDROOMS
4 + 0
BATHROOMS
1957
SQUARE FEET
1995
YEAR BUILT
LOCATION! KELOWNA'S UPPER MISSION 5.74Ac PRIVATE ESTATE. PANORAMIC LAKE & CITY VIEWS! VERSATILITY! REVENUE! 3900SF WALK-OUT RANCHER W/AIRBNB SUITE. ALREADY RR1C ZONED. SUBDIVISION POTENTIAL. CARRIAGE HOME & SITE APPROVED. 3200SF SHOP. ENDLESS OPPORTUNITIES. Paved gated estate driveway leads to the 4 bed 4 bath +/-3900SF walkout rancher that has breathtaking views from both levels, 2 fireplaces, Hot tub & a lower walk-out suite that has an Airbnb rental license. There's also a lakeview 3200SF clear span shop with 4 massive garage doors, washroom, dbl sink, kitchen/bar area, in-floor heat ready, 220V and 30A outlets, + more side RV parking. Lots of parking with over a third of an acre of paved space (Did we mention the Suite & Shop can bring in great rental income?) The UPPER 2.5Ac portion is approved to build a Carriage Home that won't infringe on the main home's privacy. The LOWER fully cleared 3.24Ac also has stunning views of Okanagan Lake & multiple flat building areas. The owner invested 15 years & millions of dollars getting the property to this point. Just the cost of even 1 Ac of bare Commercial/Industrial land in Kelowna today ($2.5 - 4M), makes one realize just how much of an opportunity this property really is. Highly unique 5.74acre RR1C zoned property is a once-in-a-lifetime opportunity. Property serviced by municipal water. **Please be courteous & do not drive or walk onto the property without a scheduled appointment.
COMMUNITY | UM - Upper Mission |
TYPE | Residential |
STYLE | Rancher with Basement |
YEAR BUILT | 1995 |
SQUARE FOOTAGE | 1957.0 |
BEDROOMS | 4 |
BATHROOMS | 4 |
BASEMENT | Full, Finished, Walk-Out Access |
FEATURES |
GARAGE | |
PARKING | |
ROOF | |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
EXTERIOR
Broker
Sotheby's International Realty Canada
Agent