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11263 Maddock Avenue, Lake Country

MLS® #10371349
About this Property

Rare opportunity to acquire a 1.25-acre building lot in the heart of the prestigious Okanagan Centre area of Lake Country. No houses to be built in front of you, as it is a park and playground. Two minute walk to beach with swim dock, three minute walk to Salty Caramel Kitchen and Ice Cream Shop. Fifteen minutes to Kelowna International Airport. Steps from the lake, this lot offers a gently sloping topography to capitalize on the stunning Okanagan Lake views. The lot has access to municipal water, power, gas, and will require a buyer to obtain a septic permit (depending on what they choose to build). RR3 rural residential zoning. Approx. dimensions of 134 feet x 408 feet. Several building site options. The seller has undergone significant work to create building plans for this property and may be available to a prospective purchaser. Current plans show a 3,800+ square foot residence with a triple-car garage, pool, and a legal suite, all fitting comfortably on this lot. Max site coverage 30%. Height is the lesser of 9.5 metres or two and a half storeys. Front yard setback 6 metres. Side yard setback is two metres for a one or one and a half storey home/building, and 2.3 metres for a two or two and a half storey home/building. Rear yard setback seven and a half metres. One single detached home per lot. Great access to nearby waterfront parks, cafes, wineries, and walking trails. Please be respectful of neighbouring properties when viewing this lot. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Annual Tax

$4,852

Parcel Number

004-011-139

Data Source

Association of Interior REALTORS®

Exterior & Lot

Lot Size

1.25 acres

Frontage

132.0 feet

View

Lake view

Community Features

Rural Setting
Building & Utilities

Water Source

Municipal water

Sewer

No sewage system

Utilities

WaterNatural GasElectricity

$1,299,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Sotheby's International Realty Canada

Mortgage Calculator
$259,800

Loan Amount:

$1,039,200

Estimated Monthly Payment:

$5,064

This is an estimate for informational purposes only. Consult with a financial advisor.