11975 Willett Road, Lake Country

Full bathroom - 11975 Willett Road, Lake Country, BC V4V2A1 Photo 1

1 Photos

  • Bedrooms: 4
  • Bathrooms: 4
  • Living area: 3312 square feet
  • MLS®: 10304857
  • Type: Residential
  • Added: 73 days ago

Property Details

A developer’s dream! Located just a stone’s throw from the south shores of Wood Lake, this C-9 Zoned property offers a myriad of opportunities to those who have VISION. There are currently 5 homes on the property (3 small cabins & 2 houses), generating about $70,000/year in revenue. With almost 3 acres, you have room to build and develop something very special. One of the houses currently on site is massive (approximately 5000 sq ft) and with some renovation could easily be restored to its former glory. A tremendous opportunity to create your dream estate or... for those with vision, this is a wonderful development opportunity! This zoning is the ""proverbial unicorn"" - the options are simply STAGGERING. C-9 (tourist commercial) may permit: Hotel, motel, care home, multiple dwelling housing and much, much more (NOTE: any proposed development must be approved by the District of Lake Country - the Buyer must perform related due diligence). In addition to the tremendous location and rare zoning, this property has views that are breathtaking – looking west, you have sunlight well into the evening and sunsets that are too beautiful to describe. There is SO much to explain regarding this incredible Okanagan/Lake Country real estate opportunity, please make arrangements for a site visit/meeting at which time the listing agent can explain some of the unique nuances and value-added propositions. Thank you for your interest in this wonderful opportunity! (id:1945)

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Property Information

  • View: Lake view, Mountain view, Valley view
  • Sewer: Septic tank
  • Zoning: Unknown
  • Cooling: Central air conditioning
  • Heating: Forced air
  • Stories: 1.5
  • Year Built: 1976
  • Living Area: 3312
  • Photos Count: 1
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 008-739-501
  • Parking Total: 2
  • Bedrooms Total: 4
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Attached Garage, Carport
  • Tax Annual Amount: 4548
  • Lot Size Dimensions: 2.96
  • Waterfront Features: Waterfront nearby
Room Dimensions
Type Level Dimensions
Full bathroom Basement 7' x 7'
Full bathroom Second level 7' x 7'
Full bathroom Main level 7' x 7'
Full ensuite bathroom Main level 7' x 7'
Bedroom Main level 10' x 10'
Bedroom Main level 10' x 10'
Bedroom Main level 10' x 10'
Primary Bedroom Main level 10' x 10'
Living room Main level 11' x 11'
Kitchen Main level 10' x 10'
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Nearby Places

Name Type Address Distance
Winfield (Wood Lake) Water Aerodrome Winfield (Wood Lake) Water Aerodrome, (TC LID: CAY... 0.9 km
Greek House Restaurant Restaurant 3159 Woodsdale Rd 1.3 km
Lake Country Coffee House Cafe 10356 Bottom Wood Lake Rd 2.7 km
George Elliot Secondary School The school was originally founded in 1960... 2.8 km
L'Isola Bella Bistro Restaurant 3250 Berry Rd 3.0 km
Winfield, British Columbia The town is adjacent to Wood Lake which attracts s... 3.1 km
Wood Lake (British Columbia) Wood Lake is immediately south of Kalamalka Lake a... 3.1 km
Lake Country The city of Kelowna lies to the south, while the c... 3.6 km
Ex Nihilo Vineyards Inc Food 1525 Camp Rd 3.6 km
Arrowleaf Cellars Food 1574 Camp 3.7 km
Gray Monk Estate Winery Food 1055 Camp Rd 3.7 km
Okanagan Centre, British Columbia It is on the east shore of Okanagan Lake to the no... 4.4 km
Similar Houses Stat in Lake Country
We have found 6 Houses that closely match the specifications of the property located at 11975 Willett Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,585,000 and 2,950,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V4V2A1 postal code area of Lake Country British Columbia Canada.
11975 Willett Road mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 11975 Willett Road. The current price of the property is $2,499,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,999,200. This would result in a monthly mortgage payment of $11,686 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 50
University / Below bachelor level 10
Certificate of Qualification 30
College 85
University degree at bachelor level or above 55

Neighbourhood Marital Status Stat

Married 170
Widowed 25
Divorced 45
Separated 15
Never married 135
Living common law 45
Married or living common law 210
Not married and not living common law 225

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 15
1991 to 2000 55
2001 to 2005 40
2006 to 2010 45
1960 or before 25
Comparison of 11975 Willett Road, Lake Country, BC with Nearby Houses
Nearby Cities Listings Avg. price
Kelowna 1391 $1.129.564
West Kelowna 401 $954.333
Peachland 55 $1.352.273
Lumby 92 $957.716
Naramata 79 $1.472.000
Summerland 139 $1.403.316
Armstrong 82 $923.431
Vernon 852 $835.451
Popular Cities Listings Avg. price
Penticton 605 $799.867
Kamloops 743 $791.381
Osoyoos 402 $704.560
Mission 305 $1.289.013
Chilliwack 564 $1.064.518
Maple Ridge 660 $1.453.770
Abbotsford 710 $1.401.470
Langley 1015 $1.823.256
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