368 Valley Road, Kelowna
Prime Development Opportunity in Glenmore – Kelowna, BC Now RE-ZONED to VC1 Welcome to 368 Valley Road, an exceptional 0.75-acre development site located in the highly sought-after Glenmore neighbourhood of Kelowna. This rare offering presents a prime opportunity for developers and investors looking to capitalize on one of the city’s fastest-growing and most desirable areas. The property is currently under re-zoning to VCI, a designation that is fully supported by the City of Kelowna’s Official Community Plan, allowing for the development of a six-storey apartment complex. This forward-looking zoning aligns perfectly with Kelowna’s long-term vision for increased residential density in well-connected urban locations.All municipal services are conveniently located at the lot line, significantly reducing upfront development costs and timelines. The site’s gentle topography and generous lot size offer excellent flexibility for thoughtful, efficient design. Shopping centres, medical offices, schools, parks, and sports fields are all just minutes away, making the location ideal for future residents seeking convenience, walkability, and a strong community feel. With strong population growth, high rental demand, and supportive planning policies, 368 Valley Road represents a compelling development opportunity in one of Kelowna’s most established and desirable neighbourhoods. Opportunities like this are rare—secure your position in Glenmore’s future today. (id:1945)
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Property details for 368 Valley Road, Kelowna
- Type
- Lots and Land
- Lot Size
- 0.75
- Ownership
- Freehold
- Annual Taxes
- $12,067
Nearby Listings Stat
Estimated price and comparable properties near 368 Valley Road
Active Listings
202
Min Price
$312,500
Max Price
$13,450,000
Avg Price
$1,438,612
Days on Market
122
days
Sold Listings
49
Min Sold Price
$369,900
Max Sold Price
$2,799,000
Avg Sold Price
$1,130,859
Days until Sold
93
days
Price History
Listed
August 6, 2026
by RE/MAX Kelowna
Current Price
$4,300,000
Type
Lots and Land
For Sale