Shannon Lake Development

SCOTT BEUERLEIN 2237 Shannon Lake, West , BC SALES ASSISTANT 250 861 8102 [email protected] 2237 Shannon Lake Road is a 1.5 acres parcel of land perfectly located in the scenic and popular Shannon Lake area of West Kelowna. This property is currently zoned R3 and is well situated for a duplex, COLLIERS INTERNATIONAL townhouse and apartment style development. 304-546 Leon Avenue Kelowna, BC V1Y 6J6 250 763 2300 www.collierscanada.com/kelowna SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

THE OPPORTUNITY DEMOGRAPHICS

The Shannon Lake community is perfectly located to take full advantage of all that the Lake, Kelowna and West Kelowna communities have to offer. Surrounding Shannon Lake, the community has developed an ideal layout to support multi-family homes and developments. Located centrally in the community, an elementary school supports newer families who enjoy living just outside busy city streets. As a lake side community nestled among rolling hills and large pockets of farmland, offering recreational and cultural amenities and modernized infrastructure, West Kelowna is an attractive place for development.

• Located on the northern side of Highway 97 homes in this SHANNON neighbourhood offer convenient access to all of the amenities of LAKE West Kelowna

• The Shannon Lake neighbourhood is surrounded by Shannon Lake Regional Park and the exceptional Shannon Lake Golf Course

• Demand for all real estate in this community continues to be strong, helped by the fact that Shannon Lake Elementary has a reputation as the best school on the Westbank

• Property is already zoned for development

2016 Estimated 1 KM 3 KM 5 KM Population 2,145 13,019 33,910 Number of Households 869 5,504 14,292 Average Household Income $96,718 $84,387 $90,998 Demographic information collected from Piinpoint.

Shannon Lake > West Kelowna Development Land P. 2 SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

Property Details

CIVIC ADDRESS: 2237 Shannon Lake Road, West Kelowna, BC

1.52 LEGAL ADDRESS: Lot A District Lot 2602 ODYD Plan KAP80333 SHANNON LAKE RD Acres

LOCATION: Located on Shannon Lake Road just east of the intersection of Shannon Lake Road and Golf Course Drive and directly across from Shannon Lake Golf Course.

LOT SIZE: 1.52 acres

Shannon R3 - Low Density Multiple Residential ZONING: Lake Golf Course TAXES: (2018) $1,596

LAND VALUE: $403,000

SHANNON LAKE RD ACCESS: Off Shannon Lake Road

PRICE: $349,900

Shannon Lake > West Kelowna Development Land P. 3 SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

Property Overview

97

Shannon Lake

SHANNON LAKE ROAD

SHANNON LAKE RD

GOLF COURSE DR

TALLUS RIDGE DR

GOLF COURSE DRIVE

Constable Neil HWY 97 Bruce Middle Shannon School Lake SHANNON LAKE RD

Shannon Lake > West Kelowna Development Land P. 4 SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

Zoning - R3 (Low Density)

Shannon Lake > West Kelowna Development Land P. 5 SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

SURROUNDING NEIGHBOURHOODS REVITALIZING A COMMUNITY

SHANNON LAKE WEST KELOWNA • Lakeside community nestled rolling hills and pockets of farmland ESTATES • Surrounded by Shannon Lake in West Kelowna with several interconnected sub-divisions generally featuring mountain or lake

views ROSE VALLEY LAKEVIEW HEIGHTS LAKEVIEW • Surrounds the development site, large component of single family HEIGHTS residences • Variety of nearby, destination wineries - Mission Hill & Quail’s Gate SHANNON LAKE BOUCHERIE BOUCHERIE • Located just minutes to the west of Lakeview Village • Established and concentrated residential area, with a large percentage of single family residences WEST KELOWNA ESTATES WESTBANK • Located on the west side of Kelowna’s W. R. Bennett Bridge • Under serviced area of West Kelowna, featuring new single family developments and some highend lakefront properties • Lakeview Village is a few minutes east of this community, making it an attractive shopping destination ROSE VALLEY SHANNON LAKE The Shannon Lake Neighbourhood is the geographical area surrounding Shannon Lake in West • Tranquil neighbourhood on the north side of Highway 97, in fairly Kelowna, B.C. There are several interconnected sub-divisions generally featuring mountain or lake close proximity to Lakeview Village views, mature trees, underground services, street lighting, and curbing. The neighbourhood is very • Heading west to Rose Valley, Lakeview Village gives an opportunity recreation friendly with several small parks and walking trails enjoyed by the local residents. to those not wanting to head east into WestBank

Shannon Lake > West Kelowna Development Land P. 6 SHANNON LAKE 2237 SHANNON LAKE ROAD, WEST KELOWNA

LIFESTYLE IN DEMAND

WEST KELOWNA A GREAT PLACE TO BE

West Kelowna, located in the Okanagan Valley of , is a growing city that offers a highly desired lifestyle.

West Kelowna is a visually stunning community and a 4 seasons playground. The community is located on the western shores and hillsides of and boasts: arenas and attractions; CONTACT beaches and parks, hiking, cross country skiing and mountain biking trails; shops and restaurants; vineyards and orchards; and wineries and resorts. The municipality is located at the junction of Highway 97 and 97C (Okanagan Connector) and is the primary gateway to the Okanagan from SCOTT BEUERLEIN B.C.’s most populous region, the Lower Mainland. SALES ASSISTANT 250 861 8102 The District of West Kelowna has a population of 34,484 (BC Statistics estimate, 2015) with an [email protected] additional +/- 10,000 people living on First Nations Lands. West Kelowna is the second most This document has been prepared by Colliers International for advertising and general information only. Colliers International populous municipality in the Regional District of Central Okanagan, and fourth in the Okanagan makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as Valley. West Kelowna is a rapidly growing community, recording a 13.5% increase in population to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and between 2006 and 2011 (Statistics ). warranties arising out of this document and excludes all liability for loss and damages arising therefrom. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. The community has a diverse economy, which includes agriculture, construction, light industry, lumber manufacturing, retail, services, tourism and wineries. COLLIERS INTERNATIONAL 304-546 Leon Avenue Kelowna, BC V1Y 6J6 250 763 2300 www.collierscanada.com/kelowna

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