Shannon Lake Development

Shannon Lake Development

2237 Shannon Lake, West Kelowna, BC

2237 Shannon Lake Road is a 1.5 acres parcel of land perfectly located in the scenic and popular Shannon Lake area of West Kelowna. This property is currently zoned R3 and is well situated for a duplex, townhouse and apartment style development.

SCOTT BEUERLEINSALES ASSISTANT250 861 [email protected]

COLLIERS INTERNATIONAL304-546 Leon AvenueKelowna, BC V1Y 6J6250 763 2300www.collierscanada.com/kelowna

SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

Shannon Lake > West Kelowna Development Land P. 2

THE OPPORTUNITY

The Shannon Lake community is perfectly located to take full advantage of all that the Okanagan Lake, Kelowna and West Kelowna communities have to offer. Surrounding Shannon Lake, the community has developed an ideal layout to support multi-family homes and developments. Located centrally in the community, an elementary school supports newer families who enjoy living just outside busy city streets. As a lake side community nestled among rolling hills and large pockets of farmland, offering recreational and cultural amenities and modernized infrastructure, West Kelowna is an attractive place for development.

• Located on the northern side of Highway 97 homes in this neighbourhood offer convenient access to all of the amenities of West Kelowna

• The Shannon Lake neighbourhood is surrounded by Shannon Lake Regional Park and the exceptional Shannon Lake Golf Course

• Demand for all real estate in this community continues to be strong, helped by the fact that Shannon Lake Elementary has a reputation as the best school on the Westbank

• Property is already zoned for development

DEMOGRAPHICS

2016 Estimated 1 KM 3 KM 5 KM Population 2,145 13,019 33,910Number of Households 869 5,504 14,292Average Household Income $96,718 $84,387 $90,998

Demographic information collected from Piinpoint.

SHANNONLAKE



Property Details

CIVIC ADDRESS: 2237 Shannon Lake Road, West Kelowna, BC

LEGAL ADDRESS: Lot A District Lot 2602 ODYD Plan KAP80333

LOCATION: Located on Shannon Lake Road just east of the intersection of Shannon Lake Road and Golf Course Drive and directly across from Shannon Lake Golf Course.

LOT SIZE: 1.52 acres

ZONING: R3 - Low Density Multiple Residential

TAXES: (2018) $1,596

LAND VALUE: $403,000

ACCESS: Off Shannon Lake Road

PRICE: $349,900

SHANNON LA

KE RD

SHAN

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Shannon Lake Golf Course

1.52 Acres



Property Overview

Shannon Lake

Shannon Lake

Constable Neil Bruce Middle

School

SHAN

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LAKE

ROA

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GOLF COURSE DRIVE

97

SHANNON LAKE RD

SHAN

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TALLU

S RIDGE DR

GOLF COURSE DR

HWY 97



Zoning - R3 (Low Density)



SURROUNDING NEIGHBOURHOODS REVITALIZING A COMMUNITY

SHANNON LAKE

SHANNON LAKE • Lakeside community nestled rolling hills and pockets of farmland • Surrounded by Shannon Lake in West Kelowna with several interconnected sub-divisions generally featuring mountain or lake viewsLAKEVIEW HEIGHTS • Surrounds the development site, large component of single family residences • Variety of nearby, destination wineries - Mission Hill & Quail’s Gate

BOUCHERIE • Located just minutes to the west of Lakeview Village • Established and concentrated residential area, with a large percentage of single family residences

WEST KELOWNA ESTATES • Located on the west side of Kelowna’s W. R. Bennett Bridge • Under serviced area of West Kelowna, featuring new single family developments and some highend lakefront properties • Lakeview Village is a few minutes east of this community, making it an attractive shopping destination

ROSE VALLEY • Tranquil neighbourhood on the north side of Highway 97, in fairly close proximity to Lakeview Village • Heading west to Rose Valley, Lakeview Village gives an opportunity to those not wanting to head east into WestBank

The Shannon Lake Neighbourhood is the geographical area surrounding Shannon Lake in West Kelowna, B.C. There are several interconnected sub-divisions generally featuring mountain or lake views, mature trees, underground services, street lighting, and curbing. The neighbourhood is very recreation friendly with several small parks and walking trails enjoyed by the local residents.

WESTBANK

SHANNONLAKE BOUCHERIE

ROSEVALLEY

LAKEVIEWHEIGHTS

WEST KELOWNA ESTATES



LIFESTYLE IN DEMAND

West Kelowna, located in the Okanagan Valley of British Columbia, is a growing city that offers a highly desired lifestyle.

West Kelowna is a visually stunning community and a 4 seasons playground. The community is located on the western shores and hillsides of Okanagan Lake and boasts: arenas and attractions; beaches and parks, hiking, cross country skiing and mountain biking trails; shops and restaurants; vineyards and orchards; and wineries and resorts. The municipality is located at the junction of Highway 97 and 97C (Okanagan Connector) and is the primary gateway to the Okanagan from B.C.’s most populous region, the Lower Mainland.

The District of West Kelowna has a population of 34,484 (BC Statistics estimate, 2015) with an additional +/- 10,000 people living on First Nations Lands. West Kelowna is the second most populous municipality in the Regional District of Central Okanagan, and fourth in the Okanagan Valley. West Kelowna is a rapidly growing community, recording a 13.5% increase in population between 2006 and 2011 (Statistics Canada).

The community has a diverse economy, which includes agriculture, construction, light industry, lumber manufacturing, retail, services, tourism and wineries.

WEST KELOWNAA GREATPLACE TO BE

COLLIERS INTERNATIONAL304-546 Leon AvenueKelowna, BC V1Y 6J6250 763 2300www.collierscanada.com/kelowna

CONTACT

SCOTT BEUERLEINSALES ASSISTANT 250 861 [email protected]

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Shannon Lake Development