1975 Shannon Lake Road offers an outstanding opportunity to acquire a BP-ready townhouse development site in the thriving West Kelowna market. Spanning approximately 3.88 acres, this fully serviced parcel is the final two phases of a three-phase project and is designed for 70 townhouse units. The site benefits from complete onsite and offsite servicing and is fully entitled with a Development Permit already issued, providing a highly advantageous timeline for construction commencement.
The proposed site plan accommodates well-designed units featuring functional layouts, with an average unit size of 1,682 square feet and expansive rooftop decks in select homes to capture remarkable valley and mountain views. Located just minutes from Highway 97, the property offers exceptional connectivity to central Kelowna and is less than a 25-minute drive to Kelowna International Airport.
Surrounding amenities include Shannon Lake Golf Course, numerous wineries, grocery stores, schools, and recreational destinations, all contributing to strong demand for modern residential offerings in this location. With critical development milestones met, the land is positioned to streamline the path from acquisition to vertical construction, minimizing risk and accelerating revenue realization for investors and developers.