3525 MATHEWS ROAD

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$949,900
3525 MATHEWS ROAD
Kelowna, British Columbia V1W4C6
MLS® Number: 10381907
3Beds
1Baths
1,367Sq Ft
1950Year Built
Single FamilyType

About This Property

Rare Acreage Opportunity! Opportunities to secure small acreages in this coveted area are becoming increasingly rare. The property is wrapped in its own natural greenspace, characterized by gentle rolling hills that provide both a beautiful visual backdrop and a natural buffer from the outside world. If you have been searching for an extremely quiet, majestic setting to call your own, this is it. The property currently features an older home that sits at a crossroads. For most, the ""best use"" of this land will be to clear the site and design a custom estate that matches the majesty of the surroundings. While the property is addressed off Mathews Road, there is potential to establish access off Goodison Road, allowing you to site a new beautiful home at the highest point of the acreage. For the adventurous soul, there is a possibility of renovating the existing structure. However, it would require a deep passion for restoration and a significant commitment to bring it back to life. Located within the Agricultural Land Reserve (ALR) and zoned A1 (Agriculture), the primary purpose of this land is to support and preserve farming. However, the A1 designation is remarkably versatile. Beyond traditional crops, the zoning supports a variety of ""farm-adjacent"" and secondary uses that can turn this property into a lifestyle estate, including stables, bed and breakfast, cannabis cultivation, and alcohol production facility. Or build a large shop for the hobby enthusiast! (id:64973)

Rose's Thoughts
Rose Marie Manno

At $693 per square foot, this Kelowna property is priced above the city's median single-family home price of $642 per square foot. However, the sizable 2.15-acre lot and potential for redevelopment make it an attractive option for buyers seeking a tranquil acreage within the desirable Kelowna market. This property would be well-suited for individuals or families seeking a private oasis with ample land for hobbies, recreation, or future development, given the unique nature of the lot and its secluded setting.

Property Details

Bedrooms3
Bathrooms1
Living Area1,367 sq ft
Lot Size2.15 (2 acres)
Year Built1950
Property TypeSingle Family
HeatingBaseboard heaters, Stove, Wood
FireplaceWood, Conventional
AppliancesOven
Annual Taxes$5,086
CityKelowna
Postal CodeV1W4C6
MLS® #10381907

Location

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