11506 Turtle Bay Court

2,528 sqft

Prime Development Opportunity – Boutique Hotel Site. Exceptional chance to acquire a fully rezoned (C9A Tourist Commercial) 0.62-acre corner lot in the heart of Lake Country, offering outstanding exposure with approximately 110 feet of frontage on Turtle Bay Court, 100 feet on Seymour Road, and 253 feet along Woodsdale Road, a prime corridor in this rapidly growing community. A completed feasibility study and renderings are available for a proposed four-storey, 28-unit boutique hotel, featuring a well-balanced unit mix of studio, one-bedroom, and two- bedroom suites, along with 28 open parking stalls. There is additional upside potential with the possibility to expand to six storeys, subject to variance and design modifications. The property is currently improved with a well-maintained 2,528 square foot home built in 1994, offering five bedrooms, four bathrooms, and a legal two-bedroom suite, providing excellent holding income potential. Ideally situated near Wood Lake and Kalamalka Lake with convenient access to Kelowna International Airport, UBC Okanagan, and key transportation routes, this location is well-positioned to support tourism and short-term accommodation demand, an area currently undersupplied in the region. Surrounded by ongoing multi-family development and a planned senior care facility next door, the neighbourhood is poised for significant growth. Zoning allows for a wide range of uses including hotels or motels, breweries and distilleries, food establishments, liquor stores, indoor recreation and entertainment, with secondary uses such as offices, personal services, and retail, making this a rare and versatile development opportunity in one of the Okanagan’s fastest-growing markets. (id:67517)

• Property Details

  MLS® Number	10401676
  Property Type	Other
  Neigbourhood	Lake Country East / Oyama
  AmenitiesNearBy	Golf Nearby, Airport, Park, Recreation, Schools, Shopping
  Features	Cul-de-sac, Level Lot, Corner Site
  ParkingSpaceTotal	12
  RoadType	Cul De Sac

• Building

  ExteriorFinish	Brick, Vinyl Siding
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  SizeInterior	2,528 Sqft
  Type	Residential Commercial Mix
  UtilityWater	Well

  Additional Parking
  Attached Garage	2
  RV

• Land

  AccessType	Easy Access
  Acreage	No
  CurrentUse	Mixed Use
  FenceType	Fence
  LandAmenities	Golf Nearby, Airport, Park, Recreation, Schools, Shopping
  LandscapeFeatures	Landscaped, Level
  Sewer	Municipal Sewage System
  SizeFrontage	110 Ft
  SizeIrregular	0.62
  SizeTotal	0.62 Ac|under 1 Acre
  SizeTotalText	0.62 Ac|under 1 Acre

• Rooms
• Utilities