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Unlock the full potential of this exceptional 1.53-acre development property located in the heart of the welcoming and vibrant community of Lumby. Designated R-3 zoning, the owner has plans for a seven duplex lot (14 units) + one single-family lot subdivision. The zoning allows for multi-family developments, row housing, fourplexes, triplexes, duplexes, and single-family dwellings, providing flexi
Unlock the full potential of this exceptional 1.53-acre development property located in the heart of the welcoming and vibrant community of Lumby. Designated R-3 zoning, the owner has plans for a seven duplex lot (14 units) + one single-family lot subdivision. The zoning allows for multi-family developments, row housing, fourplexes, triplexes, duplexes, and single-family dwellings, providing flexibility to align with your vision and investment goals. With full city services available, development is made more straightforward and cost-efficient. A standout feature of this parcel is its frontage on three separate streets, offering excellent access points and enhanced design possibilities for subdivision or multi-unit layouts. This unique characteristic opens the door to creative site planning and maximized density potential. The owner has dedicated significant funds and effort towards progressing towards subdivision, with a buyer able to benefit from such work. Located in a growing, community-oriented area, this property represents a rare opportunity to invest in land with both immediate usability and long-term upside. This property is perfectly positioned to take advantage of beautiful surrounding views, adding long-term appeal for future homeowners or tenants. Whether you’re envisioning a thoughtfully designed multi-unit project or a spacious residential retreat, this property delivers flexibility, location, and future potential. The owner is open to discussing a joint venture or a build-out of the community with a builder partner.
Sotheby’s International Realty Canada’s Kelowna office serves clients across the Okanagan Valley and the Interi
Sotheby’s International Realty Canada’s Kelowna office serves clients across the Okanagan Valley and the Interior of British Columbia. With deep roots in Kelowna and the surrounding communities, we understand the neighbourhoods, lifestyles, and natural beauty that make this region so unique. We proudly serve many communities in Kelowna, including West Kelowna, Lake Country, Vernon, Penticton, and beyond into Interior BC communities.
From lakeside cottages and vineyards to family homes, condos, and recreational properties, our real estate advisors specialize in helping clients navigate Kelowna’s thriving market. Whether you’re a first-time buyer, relocating to the region, searching for a vacation property, or planning to sell, we provide thoughtful guidance at every stage of the journey.
Living in Kelowna and the Interior BC region means access to four-season recreation, world-class wineries, championship golf courses, and a lifestyle that blends natural beauty with modern amenities. We live, work, and play in the Okanagan, which gives us firsthand insight into each community and what makes it truly special. Our team is dedicated to helping clients find homes, buyers, or investment opportunities that reflect the best of this remarkable region.
Our Kelowna office connects local expertise with global reach. We provide personalized service, trusted guidance, and marketing exposure that reaches qualified buyers across Canada and around the world. Contact our office today to speak with one of our advisors and discover real estate opportunities in Kelowna, the Okanagan Valley, and throughout Interior BC.