RARE DEVELOPMENT OPPORTUNITY — UC4 ZONING ON .49 ACRES! Outstanding value for developers & investors! This property represents one of the best land opportunities on the market in one of Kelowna’s fastest-growing urban centres. Zoned UC4, the site supports potential for up to six storeys (buyer to verify) and forms part of a larger land assembly opportunity exceeding one acre—ideal for future multifamily or mixed-use development. Perfectly positioned in a high-demand area, this location offers convenience, connectivity, and growth. Minutes to UBCO, Kelowna International Airport, major shopping, schools, and transit, the property is strategically located to serve the expanding North Kelowna and University District corridor—an area primed for densification and long-term appreciation. The existing home adds flexibility and holding value, featuring 3 bedrooms, 1 bathroom, and a warm cabin-style charm with an open kitchen, cozy living areas, and an upper loft ideal for a tenant suite, studio, or office. A full unfinished basement and a large detached garage/workshop enhance storage and functionality—ideal for interim rental income or home-based business use while development plans progress. Whether your strategy is land banking, assembling, or developing, this property delivers rare scale, zoning, and location advantages—making it a premier investment opportunity in Kelowna’s evolving urban landscape. (id:44393)
| MLS® Number | 10366547 |
| Property Type | Single Family |
| Neigbourhood | Rutland North |
| Amenities Near By | Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area |
| Community Features | Family Oriented |
| Features | Level Lot |
| Parking Space Total | 20 |
| Storage Type | Storage Shed |
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Architectural Style | Split Level Entry |
| Constructed Date | 1940 |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Other |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,516 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| See Remarks | |
| Additional Parking | |
| Detached Garage | 2 |
| Rear | |
| R V |
| Access Type | Easy Access |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Public Transit, Airport, Park, Recreation, Schools, Shopping, Ski Area |
| Landscape Features | Level |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.49 |
| Size Total | 0.49 Ac|under 1 Acre |
| Size Total Text | 0.49 Ac|under 1 Acre |
| Zoning Type | Unknown |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Recreation Room | 10'0'' x 19'10'' | ||
| Second Level | Bedroom | 10'0'' x 11'0'' | ||
| Main Level | Mud Room | 9'6'' x 10'0'' | ||
| Main Level | Dining Room | 8'4'' x 5'8'' | ||
| Main Level | Bedroom | 8'3'' x 9'6'' | ||
| Main Level | Full Bathroom | 8'0'' x 7'9'' | ||
| Main Level | Primary Bedroom | 12'9'' x 9'6'' | ||
| Main Level | Living Room | 12'0'' x 11'8'' | ||
| Main Level | Kitchen | 14'0'' x 11'7'' |
https://www.realtor.ca/real-estate/29020780/170-mugford-road-kelowna-rutland-north
Contact us for more information
Dean Witala
(250) 862-7675
(250) 860-0016
www.stonesisters.com/
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