Lot 3 Shannon View Drive
West Kelowna, BC V4T2Z7
$2,250,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 12.98 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $25,318
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10396738
- Listed
- August 6, 2026
- Time on market
- On the market for 25 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.
Description
Mountain multifamily development site for sale in West Kelowna! Expansive panoramic views within the Shannon Lake community overlooking Shannon Lake Golf Course, Shannon Lake, neighbouring hillside, Lake Okanagan and West Kelowna. The site is approximately 13 acres, with a blend of natural landscapes, a solid base with some excellent building sites and rock faces. There is a roughed in driveway from Shannon View Road to the top of the site, and various potential building site throughout. Current zoning is R3 - Low Density Multiple Residential, and the OCP encourages a mix of uses, forms and styles for medium density. Potential for development of a blend of Townhouse and Apartment Buildings. The pinnacle signature part of the development will be at the peak of the site, overlooking Shannon Lake Golf Course, Shannon Lake, extending to Lake Okanagan. It is reported that there is minimal offsite servicing of sidewalk, curb and excavation required at the site entrance. and that all off sites are in place with services located at the lot line. The topography of the property would indicate more complex on-site servicing. (id:63159)
Location Insights
Weather
Nearest station: Kelowna
15°C
Clear
Humidity 76%
Wind NNW 4 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
36,078
(2021 Census)
+10.5% since 2016
Density: 295.5/km²
Dwellings: 14,746
Median household income: $99,000
After-tax: $87,000
Immigrant population: 13.5%
Top countries of origin (% of total population)
- United Kingdom2.9% · 1,040
- Germany1.3% · 485
- United States of America1% · 350
- Philippines0.7% · 260
- Poland0.6% · 200
- Netherlands0.5% · 190
- India0.5% · 190
- South Africa, Republic of0.4% · 145
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Constable Neil Bruce Middle School | Elementary | 1.0 km |
| Shannon Lake Elementary | Elementary | 1.5 km |
| Mount Boucherie Secondary | Secondary | 1.8 km |
| Sensisyusten House of Learning(Independent) | Elementary | 2.8 km |
| Mar Jok Elementary | Elementary | 2.8 km |
| Chief Tomat Elementary | Elementary | 2.8 km |
| Hudson Road Elementary | Elementary | 3.0 km |
| Rose Valley Elementary | Elementary | 4.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (4)
- Shannon Woods Park271 m
- Shannon Highlands Park502 m
- Terravita Walkway587 m
- Shannon Woods Walkway693 m
Nearby places data: © OpenStreetMap contributors.
School district: Central Okanagan (SD23)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.