10859 Clifford Road Vernon, British Columbia V1H 2H2

$13,999,000

Unique opportunity to acquire a 32+ acre site located directly on Okanagan Lake, off Westside Road next to Parker Cove. This irreplaceable, flat site with over 1,700 ft of lake frontage is open for development with no zoning restrictions in place. Potential developments include single family home lots, RV/campground, mobile home park, multi-family, mixed-use, resort/hotel, or recreational uses. Approval process for a large-scale marina (up to 204 boat slips) is underway and anticipated to be approved. Environmental and archeological assessments recently completed. The acquired interest in the land will be a long-term lease of 98 years with potential for 125 years. The historic Westside Road, originally part of the Hudson Bay Trail, offers a connection to Vernon from the South Okanagan without having to cross Okanagan Lake. The road is sought out by tourists and motoring enthusiasts for its natural beauty and 330 curves leading to its nickname “Tail of the Ogopogo”. Okanagan Indian Band (OKIB) is located at the head of Okanagan Lake in Vernon and their lands are comprised of 11,282 hectares, including the subject property. The attractiveness and prime locations of OKIB lands are drawing interest from a variety of developers for residential, commercial, and mixed-use projects. OKIB lands and Westside Road offer incredible views, an abundance of lake front access, and irreplicable development opportunities! (id:20009)

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https://www.realtor.ca/real-estate/26940922/10859-clifford-road-vernon-okanagan-north