4498 Gordon Drive Kelowna, British Columbia V1W 1T1
$10,900,000
An exceptionally rare opportunity for low to medium-density development in Kelowna’s coveted Lower Mission, one of the city’s safest and most desirable neighborhoods. This 3.37-acre lot is part of a 3.97-acre land assembly with 4498 Gordon Drive (MLS #10337207) and must be purchased together. The combined properties offer significant economies of scale and the flexibility to phase multi-unit development. Potential MF2 zoning permits a maximum FAR of 1.0, allowing for up to 172,933 SF of saleable area. The site’s relatively flat topography and dual ingress/egress points off Gordon Drive enhance accessibility and ease of construction. Situated in an unbeatable location, it’s just a two-minute walk to the new DeHart Community Park, a two-minute drive to Dorothea Walker and Bellevue Elementary Schools, and five minutes to Sarsons Beach and Lake Okanagan. Everyday essentials and local favorites are close by — with Sunshine Market, Milkshed Coffee Bar, and Barn Owl Brewing only four minutes away, and the new grocery-anchored commercial hub at The Ponds (Save-On-Foods, Shoppers, Starbucks, liquor store, and more) just down the road. The property is also five minutes from the H2O/MNP Rec Centre and Mission Sportsfields, making this an ideal site for a thoughtfully planned residential development in one of Kelowna’s most vibrant communities. (id:36541)
Property Details
| MLS® Number | 10337211 |
| Property Type | Other |
| Neigbourhood | Lower Mission |
| Amenities Near By | Public Transit, Park, Recreation, Schools, Shopping |
| Community Features | Family Oriented, High Traffic Area |
Building
| Heating Type | Forced Air |
| Size Interior | 4030 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | Yes |
| Current Use | Mixed Use |
| Land Amenities | Public Transit, Park, Recreation, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Irregular | 3.37 |
| Size Total | 3.37 Ac|1 - 5 Acres |
| Size Total Text | 3.37 Ac|1 - 5 Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27975549/4498-gordon-drive-kelowna-lower-mission
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2700 Richter St
Kelowna, British Columbia V1Y 2R5
(250) 860-4300
(250) 860-1600
2700 Richter St
Kelowna, British Columbia V1Y 2R5
(250) 860-4300
(250) 860-1600
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March 19 2025 09:18:37
Okanagan-Mainline Real Estate Board
Macdonald Realty Interior