12349 Lake Hill Drive, Lake Country, BC, V4V 1G2

MLS® # 10362335

Commercial For Sale In Lake Country, British Columbia

$2,999,913

None Beds

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12349 Lake Hill Drive, Lake Country, BC, V4V 1G2

$2,999,913

Property Information:

Rare Development Opportunity in the Heart of Lake Country Situated in the prestigious community of The Lakes, this 5.56-acre parcel represents one of the most exciting development opportunities in Lake Country. Subdivision plans have been prepared for a 14-lot bare land strata development, with PLR being issued, offering strong future opportunities for both developers and investors. The property’s gentle topography means minimized site work, keeping development costs efficient. RU1 zoning provides flexibility to build either single-family homes or full duplexes across the 14 lots, maximizing long-term value. With panoramic lake and valley views spanning the entire parcel and very few new lots available in this sought-after area, demand is expected to be strong. An existing 4000+ sq.ft., 5-bedroom home with an inground pool adds immediate value, offering rental income while subdivision plans progress. Inside, vaulted ceilings, expansive windows, and spacious living areas showcase the home’s charm and highlight its Okanagan views. There is also a separate entrance downstairs allowing for the opportunity to create an in-law suite. The location is truly unbeatable — minutes from schools, beaches, wineries, golf courses, shopping, and Kelowna International Airport. This is a rare opportunity to secure land in one of the Okanagan’s fastest-growing communities, with both immediate value and exceptional long-term development potential.

Property Features:

Built in: 1989
Community Features: Near Schools, Park, Recreation Area, Shopping
Construction Materials: Stucco, Wood Frame
Cooling: Window Unit(s), Wall Unit(s)
Heating: Baseboard, Electric, Wood
Lot Size: 5.56 Acres
Parking Features: Additional Parking, Detached, Garage
Roof: Asphalt, Shingle
Water Source: Public
Sewer: Public Sewer
No. of Parking Spaces: 12

This listing content provided by Association of Interior REALTORS.

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Notes:

Kaila Klassen

Real Estate Agent Royal LePage Kelowna *

Office:250.860.1100

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Market Price Trends

All Properties

-4.55%

Price change (1 year)

37.3%

Price change (5 years)

Location of 12349 Lake Hill Drive, Lake Country, BC, V4V 1G2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 12349 Lake Hill Drive , experiences 7 hot days per year at around 32.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.6 degrees Celsius.

Projected Avg. Temperature

Past

32.8℃

2050

36.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

20/100

Moderate-Low

ClimateCheck®

Current data

This property, 12349 Lake Hill Drive , experiences 11 significant 2-day storms per year, with about 148.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 164.1mm of precipitation per year.

Precipitation Per Storm

Past

148.4mm

2050

164.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 12349 Lake Hill Drive, Lake Country, BC, V4V 1G2

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$132,528.50

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

30.33 %

Apprenticeship trade certificate/diploma

10.53 %

College/non-university certificate

25.37 %

University certificate (below bachelor)

2.47 %

University Degree

21.79 %

Commuter

Travel To Work

By Car

95.12 %

By Public Transit

0.74 %

By Walking

2.12 %

By Bicycle

0.0 %

By Other Methods

2.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.66 %

Houses

78.34 %

Own Vs. Rent

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12349 Lake Hill Drive, Lake Country, BC, V4V 1G2 $2,999,913 MLS® # 10362335