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2718 O'Reilly Road, Kelowna

Property Description

Exceptional Development Opportunity – 15.99 Acres (Not in the ALR). Rare chance to acquire a prime 15.99-acre holding property outside the ALR, offering immense development potential. Currently zoned RR1, with city sewer and water services adjacent to the property—a major infrastructure advantage. Development Potential: Preliminary plans by Protech available for a proposed 28-lot subdivision. Prime Location: Centrally located, just minutes to downtown, Orchard Park Mall, Costco, and major transit routes. Existing Home: Well-maintained 3,300 sq ft residence on-site — dated, but livable and income-generating during planning phases. Flexible Options: Seller open to remaining involved as a partial equity partner. Whether you're a developer, investor, or land banker, this is a rare opportunity to secure one of the last large, developable parcels in a sought-after urban location. (id:47466)

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Full Address:
2718 O'Reilly Road, Kelowna, British Columbia
Price:
$ 4,100,000
MLS Number:
10378305
List Date:
March 5th, 2026
Neighbourhood:
South East Kelowna
Lot Size:
15.99 ac
Year Built:
1966
Taxes:
$ 2,027

Property Details

Bedrooms:
3
Bathrooms:
2
Heating:
Baseboard heaters

Interior Features

Architectural Style:
Ranch
Storeys:
2
Water:
Well
Garage:
Attached Garage, Additional Parking
Garage Spaces:
1
Ownership Type:
Freehold
Taxes:
$ 2,027

Building Features

Finished Area:
3301 sq.ft.

Floors

View:
Mountain view
Lot Size:
15.99 ac

Land

Neighbourhood Features

Ratings

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Steve Thompson
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Agent: Alexandra AxsenOffice: The Agency Kelowna

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