For Sale: 5973 Pleasant Valley Road, Vernon, BC - REW
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$2,395,000
4 bd • 3 ba • 2700 sf • House
5973 Pleasant Valley Road
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$2,395,000
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5973 Pleasant Valley RoadVernon, BC, V1B 3L6

  • 4 Bed
  • 3 Bath
  • 2700 Sqft
  • House

About this home

DEVELOPER ALERT! Rare development opportunity in the Swan Lake area. OCP-designated for Future Residential, this property offers strong potential for medium-density townhomes/row housing, with possible single-family subdivision or bare land strata (subject to approval; buyer to verify with applicable authorities). Draft OCP approval for higher-density zoning is pending. NOT IN THE ALR, a rare find. Historically an orchard, now a working hay field, offering holding income while you navigate development. Potential for land assembly with the neighboring parcel for approx. 5 acres total. The North Okanagan Water Recovery Project (NOWRP) is under construction, bringing community sewer to Swan Lake, commissioning fall 2027, fully operational by early 2028. This $49.6M project is a major investment in regional infrastructure and future housing. 2-min walk to Walmart via fenced path, 3 min to major shopping, 10 min to downtown Vernon. The home offers immediate rental value, in excellent condition and rentable as-is. Two fireplaces (electric upstairs, working; cast iron downstairs, not used/not certified). Downstairs bathroom fully renovated (3-piece: shower, sink, toilet), plus electrical stove plug, roughed-in laundry plumbing, and laundry sink. Sellers open to month-to-month rent-back for flexibility during your development process. Land with future upside, generating rental income today. (id:63626)
Listed by: JP Letnick PREC*, Personal Real Estate Corporation, Oakwyn Realty Okanagan-Letnick Estates

Home facts and features

Price details
List Price
$2,395,000
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Gross Taxes for 2026
$1,985
Home facts
Bedrooms
4
Full Bathrooms
2
Partial Bathrooms
1
Parking Spaces
12
Parking Details
Attached Garage
Property Type
House
Lot Size
280 ft x 0 ft (2.49 acres)
Depth
Frontage
280.0 feet
Year Built
Built in 1976 (50 yrs old)
Title
Freehold
Style
Ranch
Exterior Finish
Wood siding
Heating Type
See remarks, Hot Water
Cooling
Wall unit
Basement Details
Full
Agent details
Primary Agent
JP Letnick PREC*
Primary Broker
Oakwyn Realty Okanagan-Letnick Estates
Secondary Agent
Secondary Broker
Oakwyn Realty Okanagan-Letnick Estates
Listing details
Days on REW
1 Day
MLS® Number
10398660
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Pleasant Valley Christian Academy
  • Independent
  • K - 4
Harwood School
  • Public
  • Pre-K - 7
B X Elementary School
  • Public
  • K - 7
W L Seaton Secondary School
  • Public
  • 8 - 12
Vernon Christian School
  • Independent
  • K - 12
Silver Star Elementary School
  • Public
  • K - 7
Alexis Park School
  • Public
  • Pre-K - 7
Beairsto Elementary School
  • Public
  • 1 - 7
St James School
  • Independent
  • K - 7
Vernon Secondary School
  • Public
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
JP Letnick PREC & Joanna Wang Team
Phone:
(778) 363-1314
Cell:
(778) 363-1314
Office:
250-861-5122
Joanna Wang
Phone:
(778) 363-8859
Cell:
778-363-8859
Office:
250-861-5122
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